Gauntlet Sealed A Partnership With ApeSwap
Gauntlet is excited to announce its partnership with ApeSwap.
ApeSwap is a leading decentralized exchange (DEX) on Binance Smart Chain focused on offering a premier trading experience. The ApeSwap team recognizes the importance of ensuring its LP rewards are efficiently allocated to maximize volume and revenue back to the protocol and token holders.
As part of this partnership, Gauntlet’s incentive management platform will ingest the ApeSwap protocol data to quantitatively optimize rewards and drive growth.
Modeling ApeSwap’s Incentive Spend
Incentives within DeFi are an essential component to bootstrapping liquidity and growth. Successful incentive programs create a virtuous cycle of liquidity attracting users, users generating fees, and fees attracting additional liquidity. As such, it’s important to understand the effectiveness of token emissions with regards to current vs. optimal spend, which liquidity pools should receive more incentives than others, and how incentives should change over time in response to market conditions.
Additionally, incorporating factors like partner pools and other strategic initiatives are essential in ensuring holistic optimization. The Gauntlet platform ingests these and other variables into our Incentive Optimization (IO) platform to determine optimal spend levels to maximize ROI.
ABOUT Gauntlet
Gauntlet is the financial modeling and simulation platform for blockchains.
ABOUT ApeSwap
ApeSwap offers a full suite of tools for users and partners to take advantage of decentralized finance opportunities.
RESOURCES
Medium
