Guru Network's Partnership with Equalizer: Unlocking the Power of Ve(3,3) AMM
Benefits of the Ve(3,3) AMM model to our users - Liquidity Stability, Sustainable Rewards, Enhanced Governance Power, Multiple Revenue Streams. Follow instruction to start.
Guru Network has partnered with Equalizer Exchange to bring the benefits of the Ve(3,3) AMM model to our users. This collaboration offers exciting opportunities for retail users to participate in a sustainable and community-driven DeFi ecosystem.
Let's explore how Guru users can leverage this partnership to maximize their rewards and contribute to the protocol's governance.
Understanding Ve(3,3) AMM
The Ve(3,3) AMM model combines long-term incentives with community-driven governance, creating a win-win scenario for all participants. This innovative approach aligns the interests of token holders, liquidity providers, and the protocol itself.
Key Benefits for Guru Users
1. Sustainable Rewards
By locking tokens for longer periods, users can enjoy more stable APRs and reduced volatility in their rewards. This long-term approach promotes a healthier ecosystem and more predictable returns.
2. Enhanced Governance Power
Locking tokens grants users voting rights, allowing them to actively shape the protocol's future. Longer locks result in greater voting power, giving committed users more influence over important decisions.
3. Multiple Revenue Streams
Users can earn rewards through various channels:
- Emissions: Rewards for liquidity providers based on votes
- Fees: A share of trading fees from selected pools
- Bribes: Additional incentives claimable after weekly snapshots
4. Liquidity Stability
The Ve(3,3) model discourages sudden liquidity withdrawals, reducing risks associated with volatile markets and enhancing overall protocol stability.
How to Participate and Maximize Rewards
1. Voting
- Weekly voting occurs to allocate emissions, fees, and bribes
- Votes persist until changed, but voting power decays over 26 weeks
- Vote early (Tuesday/Wednesday) for maximum impact
2. Optimizing Your Strategy
- Lock tokens for the maximum duration to increase rewards and voting power
- Re-cast votes regularly (weekly) to adjust to changing market conditions
- Vote early in the week to minimize voting power decay
3. Stay Informed and Engaged
- Keep up with Guru Network and Equalizer Exchange announcements
- Participate in community discussions to make informed voting decisions
- Analyze pool performance and bribe offerings to optimize your strategy
Getting Started
- Go to this website - https://cl.equalizer.exchange/ and connect you wallet in upper right corner. Use Base Mainnet (add it, if you don't have it - instruction). Check off "Fantom" button in chains to show only Base pools on page.
- Scroll down to find the GURU Vault and then click on the Mint button
- Enter the QTY to mint then press Mint and follow prompts in your wallet. I am using Metamask
- Approve the transaction
- After the mint is complete press the yellow button to Stake Tokens and then approve in your wallet
- After they have been stacked the user will see the amount of GURU staked as well as the rewards that are available to claim
- Import token address for Ichi Vault into Metamask wallet to view: 0x1dcDF000566622E4Dc53e9d7359E83552425890c
- Change Token Symbol to be 11 characters or fewer - for example ICHI_Guru and press Next. Press Import button to import token.
- Claim rewards at the end of the EPOCH and then follow instructions for voting
By participating in this Ve(3,3) AMM model, Guru users can enjoy sustainable yields, enhanced control over protocol decisions, and contribute to a more stable DeFi ecosystem. This partnership between Guru Network and Equalizer Exchange opens up new possibilities for users to maximize their DeFi potential while supporting long-term growth and stability.