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Announcing the launch of our token, Liquidity Incentive Token (LIT) LIT makes incentivizing liquidity more efficient by giving gauge rewards to Uniswap v3 positions. LIT will be distributed via an LBP that begins on 1/9. Read more here:

Bunni

18,064 subscribers

86,213 次观看 • 3 年前 •via X (Twitter)

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11 条评论

Bunni 的头像

Bunni3 年前

Why LIT? After launching Timeless yield markets, we knew that the next step was using token rewards to bootstrap liquidity. However, we didn't want to just launch a staking pool, print some rewards and call it a day, we wanted to build something more sustainable.

Bunni 的头像

Bunni3 年前

Our work culminated in two products: Bunni and FOO. Bunni uses tokens instead of NFTs to represent Uniswap positions, which made it easier to build gauges for Uniswap. It's been live since October, and we've been using it for our yield market LPs.

Bunni 的头像

Bunni3 年前

Bunni also enables us to take a protocol fee on Uniswap swap fees, regardless of the status of the UNI fee switch. This is how value flows into our tokenomics system.

Bunni 的头像

Bunni3 年前

FOO, or Fungible Ownership Optimization, is our take on vetokenomics. It aims to better align incentives between the different actors in the system and make for long-lasting liquidity. Read more here:

Bunni 的头像

Bunni3 年前

By launching LIT, we hope to achieve two things: - Provide a powerful tool for bootstrapping long-lasting liquidity on Uniswap v3 - Bootstrap liquidity for the Timeless yield markets.

Bunni 的头像

Bunni3 年前

We are very excited about LIT and we hope you are too! Join our Discord community here:

SzΞth 的头像

SzΞth3 年前

New UI to support all of this will be rolled out as well 🫡

WrinkleTooEarly 的头像

WrinkleTooEarly3 年前

@CryptoMaestro Hmm this coin has the word time in it :)

ForkandSpoon 的头像

ForkandSpoon3 年前

Very novel project, pioneering new ideas in the space

George 的头像

George3 年前

@threadreaderapp unroll

Thread Reader App 的头像

Thread Reader App3 年前

@Timeless_Fi @Dinenis Hi, the unroll you asked for: Enjoy :) 🤖

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