> For the complete documentation index, see [llms.txt](https://dubble-dex.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dubble-dex.gitbook.io/docs/introduction-to-dubble-dex.md).

# Introduction to Dubble Dex

Dubble DEX is a decentralized exchange that is designed to incentivize liquidity for protocols on Arbitrum, allowing them to earn revenue. It is built for protocols, providing access to low-fee swaps, revenue sharing, and other benefits. It uses <mark style="color:blue;">**$DUB**</mark>, an interest-bearing stablecoin, as the base token in most pairs, creating unique opportunities for users.

Dubble DEX has a sophisticated governance structure that allows all users to maximize their gains through cooperation. Users can lock their <mark style="color:green;">**$DUBBL**</mark>/<mark style="color:blue;">**$DUB**</mark> LP tokens to receive <mark style="color:purple;">**veDUBBL**</mark>, which can be used to vote for Dubble DEX liquidity pools to boost <mark style="color:green;">**$DUBBL**</mark> token emissions. In return for voting, <mark style="color:purple;">**veDUBBL**</mark> holders receive the fees generated by the liquidity pools, as well as a portion of the <mark style="color:blue;">**$DUB**</mark> rebase.

Dubble DEX has some improvements over Solidly, such as yield-bearing stablecoin integration, LP tokens for deep liquidity and additional revenue streams, and claimable <mark style="color:blue;">**$DUB**</mark> rebases. Trading with <mark style="color:blue;">**$DUB**</mark> offers a 50% discount on trading fees, and there is a 4-pool system for deeper stable liquidity.

Autobribes are built into the <mark style="color:blue;">**$DUB**</mark> pairs, and <mark style="color:purple;">**veDUBBL**</mark> has a variable lock period of 1-365 days. <mark style="color:green;">**$DUBBL**</mark> has a max supply, and it is only <mark style="color:purple;">**veDUBBL**</mark> with a treasury established to buy back <mark style="color:green;">**$DUBBL**</mark>/<mark style="color:blue;">**$DUB**</mark> tokens, creating deeper liquidity and higher cash yields for holders. <mark style="color:green;">**$DUBBL**</mark> has a 2% decay, and there is a unique frontend/UI. Overall, Dubble DEX builds on the groundwork laid out by Solidly, Thena, Velodrome, and other projects, adding unique elements that add to the utility of <mark style="color:blue;">**$DUB**</mark>.

{% hint style="info" %}
~~`Simplifying:`~~\
\
:blue\_circle: = stablecoin

:green\_circle: = share

:purple\_circle: = vote
{% endhint %}

> *Welcome to the lovely and well-known Staking/Rebasing/Bonding or (3,3) game theory 🎲*