ve(3,3) Mechanics

In the evolving landscape of DeFi, L2X stands at the forefront with its adoption of the ve(3,3) mechanics, combining top DeFi strategies for the Astar zkEVM community. Inspired by Curve's Vote-Escrow model for long-term supporters and married to the Staking/Rebasing/Bonding or (3,3) game theory introduced by Olympus DAO. L2X offers a model that aligns with its community's goals and the vision of the Astar zkEVM ecosystem.

At the heart of L2X's ve(3,3) is a well-crafted reward setup. Liquidity providers are rewarded with $oL2X emissions for their vital contributions. Simultaneously, locked $veL2X holders, demonstrating their long-term commitment to the platform, are getting protocol fees, alluring bribes, periodic veL2X rebases, and a decisive say in governance matters. This multi-tiered reward system makes sure everyone, from casual users to dedicated supporters, feels valued in the ecosystem.

Moreover, the new $oL2X token reflects L2X's innovative approach. It adds flexibility and shows how adaptable the ve(3,3) system is in the ever-changing DeFi scene. With a mix of proven methods and new ideas suited for the Astar zkEVM users, L2X's ve(3,3) model aims to offer a comprehensive, rewarding, and engaging DeFi experience for all its users.