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ve(3,3)

Vote-escrow mechanics: gauges, emissions, bribes and why fee redistribution changes LP returns.

Why 100% of Fees to Lockers Matters
ve(3,3)2 min read

Why 100% of Fees to Lockers Matters

Most DEXes keep a slice of every trade. Here is what changes for a token holder when the protocol keeps nothing, and what it costs the protocol.