Name: SolidLizard
SKU: SLIZ
Price: 0.001751342711 USD

SolidLizard is a decentralized exchange built on Arbitrum that offers low-cost token exchanges and reduced swap fees, using a governance model called the ve(3,3) system, which was developed by Andre Cronje and introduced in Solidly. This system rewards active user participation through voting, bribes, and decisions on whether to lock or unlock the governance token. When a majority of users lock their tokens, they can enjoy the economic benefits of the ve(3,3) model, including increased token yield, and reduced inflation of native tokens while controlling the circulating supply of the token.&nbsp;SolidLizard allows users to earn income through liquidity provisioning. By adding liquidity to the incentivized gauges, users will receive a share of the rewards allocated to those gauges based on the amount of liquidity they have provided.&nbsp;veSLIZ rewards people who lock more of their SLIZ tokens and use them to increase their voting power, collect bribes and swap fees from the most productive gauges. The more SLIZ tokens they lock, the greater their rewards will be. The exchange also rewards liquidity providers through emissions rewards. Pools with high rewards attract the most votes in general. Which attracts the liquidity providers creating a virtuous circle.

SolidLizard

SolidLizard is a decentralized exchange built on Arbitrum that offers low-cost token exchanges and reduced swap fees

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Looking for an AMM with deep liquidity and low fees? Check out our SolidLizard review post, a unique protocol that rewards liquidity providers and governance participants.

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SolidLizard Review: Arbitrum-based Protocol To Easily Earn Some In 2023