Solidex

Why Solidex?

Solidex is a protocol to optimize yield, voting power, and liquidity provisioning on Solidly. Solidly is a decentralized exchange (AMM) where tokens may be swapped using liquidity provided by users. Those users earn SOLID emissions. Those who lock SOLID receive veSOLID and a higher share of SOLID rewards. veSOLID or vote escrowed SOLID, is a concept first introduced by Curve Finance which aims to reward long term users of a protocol. Those who hold veSOLID earn trading rewards from the protocol as well as voting power to direct SOLID emissions.

If you wish to lock SOLID, Solidex allows you to earn a larger share of trading fees and rewards, as well as a share of boosted SOLID emissions received by liquidity providers in exchange for you providing boost to the protocol.

If you wish to be a liquidity provider, Solidex means you can earn boosted SOLID rewards without having to lock SOLID for several years, as well as additional SEX rewards.