[ ve(3,3) - The seed of innovation that will change the landscape of decentralized finance. And until #momentum..] Do you remember Andre, the founder of Yearn Finance, who was called the god of DeFi? Hehe The term "ve(3,3)" that you might have heard while studying @MMTFinance was actually the title of a short article Andre posted on Medium in early 2021, and it is not an exaggeration to say that it shook the foundations of DeFi - (from here on, I will just use a casual tone for convenience, lol) ve(3,3) was a tokenomics design that cleverly combined Curve Finance's Vote Escrow (ve) mechanism and Olympus DAO's (3,3) staking model. - The ve in Curve was a system that granted voting rights and rewards by locking up tokens, - Olympus's (3,3) borrowed the concept from game theory's Nash equilibrium, where if everyone stakes (+3,+3), mutual benefits are maximized, and if everyone sells (-3,-3), disaster strikes. - In short, it was a tokenomics designed for 'sustainable participation' instead of short-term speculation. This tokenomics emerged as a response to the excessive token emissions during the DeFi boom of 2020, which led to inflation and selling pressure, creating a bubble. - By locking tokens as ve, rewards are given, and emissions are designed to decrease in proportion to supply. This structure helps to shake off short-term farmers and nurture long-term holders. - Fantom's Solidly DEX became the first practical stage for ve(3,3), attracting a lot of TVL. In the future, projects forking this model emerged in droves, demonstrating significant ripple effects. (e.g., Velodrome, Aerodrome, etc.) However, ve(3,3) began to shake when Andre suddenly left DeFi in 2022, causing token prices to plummet. Nevertheless, the essence and idea of the model did not disappear and survived. Instead, it began to evolve into a more mature AMM structure. According to DeFiLlama, the TVL of ve(3,3)-based protocols currently maintains billions of dollars, establishing a stable ecosystem. This proves that Andre's vision transcended mere experimentation, maximizing the network, solving liquidity shortages, and alleviating emission pressure through fees, embodying a kind of aesthetic of balance.. This aesthetic of balance naturally leads to @MMTFinance, the hottest project currently, which we are passionately discussing. #momentum also adopts ve(3,3), and it is expected that long-term participation incentives through liquidity provision and staking will flourish within the SUI blockchain, boasting tremendous TVL and trading volume even now. momentum is not just a DEX; it focuses on creating a substantial growth pipeline, and it is anticipated to far surpass the growth of other DEX and DeFi projects like Cetus, Navi, Scallop, and Suilend within the SUI ecosystem. Ultimately, ve(3,3) is establishing itself as a fundamental core in the DeFi industry, and I believe @MMTFinance is proving that balance and growth once again on the SUI blockchain. The era of merely repeating speculation and farming has ended, and we are now in a time where the value of the network and sustainable participation become the true momentum of success, participating in @KaitoAI's discussions and @buidlpad's UGC campaign like this.. Hehe Although this was a somewhat dull and lengthy article, I felt it would be a shame to fill my fifth and final post for my UGC campaign with just the usual token sale information from buidlpad, and I thought I would regret using such a good opportunity in that way later on, so I researched the history of the core of momentum, ve(3,3), and completed this final article based on that. Looking forward to the token sale of momentum through buidlpad and the upcoming successful TGE of $mmt, I conclude my last UGC post at @sofitel_7 around 9:41 PM on 10/19 (Sunday). P.S - As a member of the "Korea Momentum Dream Team," a truly Avengers-level team, it was very clear that my engagement would significantly lower the team's average due to my absolutely insufficient number of followers, so I felt both joy in being a team member and a much greater worry at the same time. - Nevertheless, I am very grateful to the team members who accepted me as a team member, reassured me that I was doing well, and continuously supported me, and I appreciate each one of you for the time I could learn so much. <Korea Momentum Dream Team~! Forever> @Edward__Park (CoinLikeInvest) @ROKMCFIREANT (BullAnt) @RaoniKor (Raoni) @whenmoonsoon (MeowMeow) @dontakoo55 (Dontaku) @baeko_02 (Baekho) @murphys1d (Murphy) @ppougod (PPOU) @btcgreatagain (Sinseoldong) @0xGwoni (Gwoni) @sofitel_7 (And me, Sofitel)