Tokemak
Financials
Estimates*
USD | 2023 |
---|---|
Revenues | 1.3m |
Related Content
Recent News about Tokemak
EditTokemak is a decentralized liquidity protocol that optimizes yield for its users through token staking and governance voting. It operates in the decentralized finance (DeFi) market, serving individual and institutional investors looking to maximize their returns on digital assets. The business model revolves around users staking their tokens in Tokemak's liquidity pools, where they can earn rewards based on their individual allocation and the overall balance of the system. Tokemak makes money by charging fees on transactions and through the appreciation of its native token, TOKE. The platform also requires users to participate in governance voting to earn rewards, ensuring a balanced and community-driven ecosystem.
Keywords: decentralized, liquidity, protocol, staking, governance, DeFi, yield, rewards, digital assets, TOKE.