Momentum adopts the ve(3,3) tokenomics model — a powerful framework specifically designed for decentralized exchanges (DEXes) to create a sustainable flywheel effect.
🔁 What is ve(3,3)?
A blend of two innovative concepts:
1️⃣ veToken Model (vote-escrowed)
✨Originally introduced by Curve Finance⤵️
• Users lock tokens (e.g., $MMT) for a set period to receive veMMT.
• The longer you lock, the more voting power and rewards you receive.
• veTokens cannot be traded and decay over time unless re-locked.
• Aligns long-term incentives with governance.
✨ In simple terms:
• If you just want to trade or provide liquidity, you can hold $MMT freely.
• If you want to vote, earn extra rewards, or participate deeply in governance, you'll need to lock your $MMT and get veMMT in return.
• veMMT is non-transferable and decays over time, unless re-locked.