Tokemak (TOKE) Price

About Tokemak (TOKE)

Tokemak is a decentralized market making protocol that seeks to generate better capital efficiency for Liquidity Providers (LPs) across the DeFi ecosystem. Tokemak serves as a “liquidity router” that sits on top of decentralized exchanges, controlling the flow of liquidity as a means to provide cheaper and more seamless liquidity sourcing. Tokemak’s system is composed of “Reactors” and “Liquidity Directors”. The interaction between these allows for different protocols and DAOs to direct where their liquidity goes without having to rely on traditional incentives like high APY pools that can be inflationary.

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Tokemak links and resources

Tokemak website

Tokemak technical documentation

Frequently asked questions

Tokemak Token

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TOKE is an ERC-20 governance and collateral token compliant with the Ethereum network. Tokemak’s use cases include staking to reactors to govern liquidity deployment, incentivizing pools to maintain liquidity, serving as a collateral asset for LPs, and DAO governance (adding new reactors, setting fees, etc).

Learn more about Tokemak

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