Helios Exchange
  • 👋Welcome to Helios Exchange
  • Overview
    • 💡Getting Started
    • ✨Liquidity Incentivization
    • 🤝Partnerships
  • Tokenomics
    • ♟️ve(3,3)
    • 🪙HELI / veHELI
    • 🗓️Token Distribution
    • 💰Fee Structures
    • 🗳️Gauge Voting
    • 🎁Rewards
    • ⛽Emissions
    • 📄Whitelisting
    • 🏛️Commissaire
  • AMM Functionality
    • 🥃Liquidity Pools
    • 🌊Pool Types
    • ↔️Swap
    • 📈Leverage Trading
  • Launchpad
    • 🚀Fair Launch
    • ☑️Whitelist Allocation
  • Security
    • 📜Contracts
    • 🔍Audit
  • Resources
    • 📙Brand Assets
    • 🌐Official Links
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  1. Tokenomics

ve(3,3)

PreviousPartnershipsNextHELI / veHELI

Last updated 1 year ago

Helios represents the combination of two Defi concepts:

  • Vote-Escrow - first introduced by Curve to enhance incentives for long-term token holders

  • Staking/Rebasing/Bonding or (3,3) game theory - designed by Olympus DAO

By combining the VE (3,3) mechanism, Helios rewards behaviors that correlate with its success, such as providing liquidity (LP) and holding long-term tokens.

  • Liquidity providers receive HELI emissions.

  • VeHELI holders receive Fees, Bribes, Rebase, and governance power.

The main parties involved in the typical AMM.

  • veHELI holders: Encouraged to vote for the highest volume groups or bribed by protocols seeking to enhance their liquidity

  • LPs: Liquidity providers are incentivized with weekly HELI emissions

  • Traders: Benefit from low slippage due to provided liquidity, combined with the latest vAMM/sAMM technology.

  • Protocol: Protocols have access to the liquidity layer in a cooperative direction. They benefit from efficient trading conditions for their tokens through the provided incentives.

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