Skip to content

horsefacts/gooshiswap

Folders and files

NameName
Last commit message
Last commit date

Latest commit

 

History

2 Commits
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Repository files navigation

🦄 Gooshiswap 👹

Uniswap V3 introduced a number of innovations in AMM design: concentrated liquidity, multiple fee tiers, advanced on chain oracles, and nonfungible liquidity positions. However, it is still missing one critical feature of modern automated liquidity protocols: it does not emit a bunch of worthless reward tokens.

Gooshiswap aims to solve this problem, by applying GOO to Uniswap V3 liquidity positions. Users may deposit UNI-V3 position NFTs to earn "Gooshi," a worthless reward token. Users may spend Gooshi in order to enable Gooshi emissions for new pools, or increase the emission multiplier for existing pools. The price in Gooshi of these actions varies according to a logistic-linear VRGDA.

Gooshi emissions are initially enabled for only the DAI/USDC 0.01% pool, but anyone with enough Gooshi may spend their tokens to incentivize new pools and spit out more Gooshi, faster. Modern tokenomics in action!

(This is a joke project demonstrating GOO and VRGDAs, please do not actually deploy this. Although it is mostly a goof, it is perhaps also an example of how GOO might be used to align token holders and protocol LPs, while still emitting a bunch of worthless reward tokens.)

About

No description, website, or topics provided.

Resources

Stars

Watchers

Forks

Releases

No releases published

Packages

No packages published