🛞The ve(3,3) Flywheel
It is in veBEAM holders' best interests to vote for the reward pools that have the most trading fees and bribes, and through their votes more $BEAM emissions are directed to the most productive pools (boosting liquidity providers' farming APRs).
This aligns the incentives of veBEAM holders with liquidity providers, as well as traders (as higher farming APRs attracts more liquidity, which reduces slippage on trades).
Last updated