VELOCORE V2
V1 DocszkSyncEraLineaTelos
  • Introduction
  • Our Philosophy
    • Vision
    • Gas Optimization
    • General Bedrock for All Kinds of AMM
    • Epoch-less Predictability
    • Free Flowing Easy Vote System
  • DEX Innovation
    • Token Vault
      • Flashloan
    • Gas Saving Matters : Benchmark
    • AMM Flexibility
    • Multi In/Out Swap
    • Batch Swap
    • Adjustable Trading Fee Mechanics
    • Accumulating Swap Fees in LP Tokens
  • ve(3,3) Innovation
    • Removing 'Epoch' Systems
      • Bribe Optimization
    • Fungible Votes ($veVC)
      • No Decay & Easy Liquidation
    • Decentralized Gauge Deployment
    • Rebase Elimination
  • Security & Contract Address
    • zkSyncEra Contracts
    • Linea Contracts
    • Telos Contracts
    • V1 zkSyncEra (deprecated)
    • Three Rounds of Audits
  • Technical Docs
    • Concepts
    • Architecture Overview
      • Source Files Overview
    • How to interact with VELOCORE
      • Uniswap compatible interface
    • How to Read Data
    • Example Codes
      • Swap
      • Add liquidity
      • Stake
      • Voting
      • Multicall operations
      • cf) wrapper functions
    • Typescript Examples for Integration
    • Pool Specifics
      • Generalized CPMM
      • Wombat Stableswap
    • Events & Chart Integration
      • Getting a pair list
      • Interpreting Swap / LP events
    • Flashloan
  • zkSync Era
    • Migration Plan
      • $VC 1:1 Exchange
      • veNFT -> $veVC
      • One-Step LP Migration
      • Migration Schedule
      • Emission Migration
    • V2 Tokenomics
      • $VC Gauge
      • Bribe Mechanics
      • $veVC VOTING
    • Paymaster as a Service
  • Linea
    • Launch Details
      • Getting Ready
      • Bridging
      • V2 Launch Event
      • $LVC Presale
    • $LVC Tokenomics
      • $LVC Gauge
      • Bribe Mechanics
      • $veLVC VOTING
  • Telos
    • Launch Details
      • Getting Ready
      • Bridging
      • Launch Event
    • $TVC Tokenomics
      • $TVC Gauge
      • Bribe Mechanics
      • $veTVC VOTING
  • Free Loot Box for Future Airdrops
  • PASSPORT - F'air drops
  • Legal Disclaimer
  • Velocore Brand Assets
Powered by GitBook
On this page
  1. ve(3,3) Innovation
  2. Removing 'Epoch' Systems

Bribe Optimization

Previously, rebalancing was a process that took place only once a week, a duration considered lengthy in the fast-paced crypto world, leading to its effectiveness being called into question. However, our new system immediately initiates a beneficial cycle as follows:

  • Pools with higher transaction volumes generate more internal bribes, which in turn instantly boost the voting Annual Percentage Rate (APR).

  • This increased APR attracts more votes, leading to an increase in emissions, thereby elevating the APR for LP stakers.

  • This surge in APR then attracts more LP stakers, resulting in a larger pool Total Value Locked (TVL), thereby reducing slippage.

  • The outcome of this process is an increase in transaction volume within that pool.

A similar virtuous cycle applies for the external bribe as well.

Under this new system, those offering bribes no longer need to fret over the possibility of their bribes not translating into appropriate votes.

Every contribution is now guaranteed to hold value!

This modern, efficient system ensures that your bribe's worth is maximized, reflecting the real-time dynamics of the crypto landscape.

Last updated 1 year ago