Emissions
Last updated
Last updated
Weekly emissions on week 1: 300,000,000 $DUBBL
Weekly emissions decay: 2%
At Dubble DEX, our philosophy centers around sustainability and innovation, which is why maintaining a fixed token supply is crucial. This approach enables us to concentrate on providing value to our users by creating new features and functionalities, without resorting to constant token emissions.
However, having a fixed token supply presents some challenges for Dubble DEX, which is different from most DEXes that use a Solidity-like design with a non-fixed supply. These designs generally start with an initial emission amount for the first week and then decrease by 1% week over week.
Despite having a faster 2% decay than other Solidly-style DEXes, Dubble DEX has chosen to front-load emissions at the start to help jumpstart the flywheel. The logic behind this decision is that higher APRs will attract more TVL, especially $DUB TVL, which will lead to more autobribes being available for veDUBBL holders. This, in turn, will incentivize them to lock their veDUBBL, resulting in increased activity on the DEX and deeper liquidity for the $DUBBL/$DUB pair.
Unlike other DEXes, Dubble DEX directly earns revenue from TVL. Since many pairs on the DEX will be created with $DUB, the yield from $DUB rebases will continue to flow into the system, benefiting both liquidity providers and voters. With this increased activity, the Sustainment Treasury will be jump-started with $DUB rebases.