🚄ve(3,3) Mechanics

Starmaker mechanics reflect a combination of two DeFi concepts:

• Vote-Escrow — first introduced by Curve to strengthen incentives for long-term token holders

• Staking/Rebasing/Bonding or (3,3) game theory — designed by Olympus DAO

Combined, the ve(3,3) mechanism rewards behaviors correlated with Starmaker's success, such as liquidity provision and long-term token holding. Liquidity providers receive $STAR emissions, and $veSTAR holders receive protocol fees, bribes, rebases, and governance power.

Below, we will walk through the components of the mechanism in order to explain how it helps the incentives flow to the most valuable of the ecosystem liquidity pools.