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Dot Dot is a protocol to optimize yield, voting power, and liquidity provisioning on Ellipsis. Ellipsis is a decentralized exchange (AMM) where tokens may be swapped using liquidity provided by other users. Those users earn EPX emissions. Those who lock EPX receive vlEPX and earn a higher share of EPX rewards. vlEPX or vote locked EPX aims to reward long term users of a protocol. Those who hold vlEPX earn trading rewards from the protocol as well as voting power to direct EPX emissions:
If you wish to lock EPX, Dot Dot allows you to earn a larger share of trading fees and rewards, as well as a share of the boosted EPX emissions that is earned by liquidity providers in exchange for you providing boost to the protocol.If you wish to be a liquidity provider, Dot Dot enables you to earn boosted EPX rewards without having to lock EPX, as well as additional DDD rewards.If you wish to maximize voting power and influence over EPX emissions, Dot Dot ensures vlEPX is always max locked to maximize voting power. This influence is then controlled through the DDD token which can be locked for up to 16 weeks and earn additional rewards.DDD earns rewards and controls voting power once locked in Dot Dot.
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