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Artichoke

Artichoke CHOKEPrice N/A

CHOKE Price

N/A

General Info

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# Inactive

Description

Artichoke is a native-based liquidity provision protocol built on the Arbitrum One blockchain L2.

Artichoke (CHOKE) Chart

Artichoke price Index provides the latest CHOKE price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Max Supply

CHOKE 590,000,000

All Time High

$ 0.142

9 Dec 2023


All Time Low

$ 0.0000246

21 Jun 2024

Trending Artichoke Fiat Pairs

What is Artichoke (CHOKE)?

Artichoke is a native-based liquidity provision protocol built on the Arbitrum One blockchain. Unlike many other protocols, Artichoke provides a one-sided liquidity layer to any token on top of any well-known decentralized exchange.

AMMs, LPs and staking protocols have been widely used throughout the crypto ecosystem since inception. This is due to its simplicity and straight-forward, permisionless liquidity provision for new assets created on-chain. Regardless its widespread adoption, interacting with LPs, and staking itself, are not financially efficient and far from a flawless experience.​

Several protocols such as Uniswap have improved LPs from V2 to V3 introducing range orders and one-sided liquidity provision. However, improvements are still not as efficient as we expected. Newer projects find really hard to build new and strong liquidity pools without giving up initial incentives.​

Artichoke attempts to solve this issue by building a single-sided LP protocol for staking assets, without the need to provide stable USD-pegged liquidity on the first stage of protocol cycle.

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