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Protocol Owned Liquidity
URAMAKI owns most of its liquidity thanks to its cooking mechanism. This has several benefits:
- URAMAKI does not have to pay out high farming rewards to incentivize liquidity providers
- URAMAKI guarantees the market that the liquidity is always there to facilitate sell or buy transaction
- By being the largest LP (Liquidity Provider), it earns most of the LP fees which represents another source of income to the kitchen
- All POL (and other ingredients) can be used to back $MAKI (to increase intrinsic value). As a result, the value of $MAKI tokens is at least equal to the total value of ingredients held in the kitchen.
Last modified 9mo ago