💧ZARD Emissions Schedule

Token inflation

ve(3,3) Dynamics

The main stakeholders of a typical AMM, including veZARD holders, LPs, users, and protocols, are all aligned by the ve(3,3) dynamics that determine ZARD emissions.

veZARD 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), or the ones being bribed by protocols seeking to bootstrap their liquidity. 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 vAMM / sAMM 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 veZARD holders.

Emissions specifications

  • Weekly emissions (at inception): 30,240 ZARD

  • Weekly emissions decay: 1%

  • Weekly developer wallet allocation: 5%

  • Weekly veZARD rebase: Up to 30%

  • Emissions for liquidity providers: 65%

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