Abacus

Total Value Locked1.12m AVAX
Chain Breakdown
Avalanche560,585 AVAX
BSC511,875 AVAX
Arbitrum32,038 AVAX
Mantle10,388 AVAX
Polygon1,501 AVAX
Scroll1,235 AVAX

Protocol Information

Abacus is an optimization layer built on ve(3,3) protocols. We aim to pool our collective resources to bolster the ecosystems, and to provide a seamless integration for all users. Abacus deploys a liquid wrapper token system that unlocks veTOKENs, provides yield on top of them while building up it's own vePOSITION to vote with. Abacus votes every week with it's veNFT position, capturing fees and bribes from the exchange, and streaming them to it's users. Abacus's veNFT position grows steadily as exchange users exit their veTOKEN positions, enabling Abacus to capture more of the exchange's fees and bribes.

Category:Governance Incentives

Methodology