Liquidity that a protocol owns directly instead of renting it through yield farming incentives.
Liquidity that a protocol owns directly instead of renting it through yield farming incentives. Olympus DAO popularized this concept with its bonding mechanism, where users trade LP tokens for discounted protocol tokens. The idea is that owned liquidity is more sustainable than mercenary liquidity.
A pool of tokens locked in a smart contract that enables decentralized trading.
Earning tokens by providing liquidity to a protocol.
The economic design of a token including supply, distribution, utility, and incentives.
A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.
One of the biggest lending and borrowing protocols in DeFi.
A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.
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