4min chapter

The Defiant - DeFi Podcast cover image

Aerodrome Finance: Redefining AMMs on Base with Alexander Cutler

The Defiant - DeFi Podcast

CHAPTER

Incentive Structures and Governance in Decentralized Finance

This chapter explores the mechanics of a decentralized finance protocol, highlighting its unique incentive structure for liquidity providers and voters. It emphasizes how all generated fees are returned to users, alongside the role of the foundation in fostering a system of aligned incentives without taking fees.

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