Emissions
ve(3,3) Dynamics
The main stakeholders of a typical AMM (on Ethereum), including veBLUE holders, LPs, users, and protocols, are all aligned by the ve(3,3) dynamics that determine $oBLUE emissions.
veBLUE holders — are incentivized to vote either for the highest volume pools (because the greater the volume, the greater the amount of fees produced as a result), the ones being bribed by protocols seeking to bootstrap their liquidity, or that have a large amount of autobribes. This allows these protocols to create their own flywheel, if the token generates strong volume.
Liquidity Providers (LPs) — are incentivized with emissions driven by “Real Yield” based metrics.
Traders — benefit from the low slippage thanks to the liquidity provided, in concert with the latest and greatest battle-tested concentrated liquidity tech.
Protocols — have access to a cooperation-oriented liquidity layer. They benefit from capital efficient trading conditions for their tokens, and they can incentivize their liquidity via bribes offered to veBLUE holders.
Emissions specifications
Weekly emissions (at inception): 2,600,000
$oBLUEWeekly emissions decay: 2%
Weekly team wallet allocation: 2.5%
Protocol Reserve: 5%
Emissions for liquidity providers: 92.5%
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