Solidex is a protocol to optimize yield, voting power, and liquidity provisioning on Solidly. Solidly is a decentralized exchange (AMM) where tokens may be swapped using liquidity provided by users. Those users earn SOLID emissions. Those who lock SOLID receive veSOLID and a higher share of SOLID rewards. veSOLID or vote escrowed SOLID, is a concept first introduced by Curve Finance which aims to reward long term users of a protocol. Those who hold veSOLID earn trading rewards from the protocol as well as voting power to direct SOLID emissions.
If you wish to lock SOLID, Solidex allows you to earn a larger share of trading fees and rewards, as well as a share of boosted SOLID emissions received by liquidity providers in exchange for you providing boost to the protocol.
If you wish to be a liquidity provider, Solidex means you can earn boosted SOLID rewards without having to lock SOLID for several years, as well as additional SEX rewards.
If you wish to maximize voting power and influence over SOLID emissions and gauges, Solidex ensures veSOLID is always max locked in order to maximize voting power. This influence is then controlled through the SEX token which can be locked for up to 16 weeks and earn additional rewards.
Solidex has no deposit or withdrawal fees and a minimal performance fee that is distributed to SOLID and SEX lockers in its entirety. There are no vcs, investors, or advisors.