πve(3,3) working principle
what is ve(3,3) ?
ve(3,3) is derived from OlympusDAO's (3,3) game theory, based on Nash Equilibrium theory. Its fundamental principles are as follows:
Arkstart sells tokens to users below the market price in the form of bonds, obtaining other cryptocurrencies (such as USDC, ETH, etc.) as payment from users.
This process supports the platform with valuable assets and generates new tokens that are distributed to token stakers through the Rebase mechanism.
As more users participate in purchasing tokens, the platform increases token issuance and allocates more tokens to the stakers.
This creates a positive feedback loop, enabling stakers to earn high Annual Percentage Rates (APR) as the token price continues to rise.
However, this mechanism relies on market users choosing to continue staking their tokens rather than selling them, which is referred to as the (3,3) game strategy.
This mechanism encourages users to continuously participate in token staking, allowing them to enjoy the benefits of ongoing token issuance while reducing the risk of token dilution.
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