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ve(3,3)

Satin Exchange mechanics reflect a combination of a few DeFi concepts:
  • Vote-Escrow: first introduced by Curve to strengthen incentives for long-term token holders
  • Staking/Rebasing/Bonding or (3,3) game theory: designed by Olympus DAO to align incentives
  • LP governance power (unique to Satin DEX)
Combined, the ve(3,3) mechanism rewards behaviors conducive to Satin's success, such as liquidity provisioning and long-term token holding. Liquidity providers receive $SATIN emissions, and $veSATIN holders receive protocol fees, bribes, rebases, Satin LP emissions and governance power.
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