Liquidswap 推出 LSD 治理代幣以支援其採用、擴展和去中心化策略

LSD 代幣是 Liquidswap 的實用和治理代幣。 LSD 代幣持有者將能夠管理協議和社區金庫

Liquidswap, a decentralized exchange (DEX) on the Aptos blockchain, is launching its Liquidswap DAO and the corresponding LSD governance token to bolster Liquidswap’s adoption, expansion, and decentralization strategies.

Liquidswap 是 Aptos 區塊鏈上的去中心化交易所 (DEX)，正在推出其 Liquidswap DAO 和相應的 LSD 治理代幣，以支援 Liquidswap 的採用、擴展和去中心化策略。

In this article, we’ll explain what LSD is, the governance token’s utilities, its initial allocation, and airdrop plans.

在本文中，我們將解釋什麼是 LSD、治理代幣的實用程式、其初始分配和空投計畫。

What Is LSD Token?

什麼是 LSD 代幣？

The LSD token is the utility and governance token of Liquidswap. LSD token holders will be able to govern the protocol and community treasury, and decide on future developments through weighted voting.

LSD 代幣是 Liquidswap 的實用和治理代幣。 LSD 代幣持有者將能夠管理協議和社區金庫，並透過加權投票決定未來的發展。

The LSD tokenomics will strengthen community ownership and decision-making for Liquidswap to facilitate self-sustainable platform growth. According to initial plans, users can stake tokens through a voting escrow (VE) mechanism to participate in Liquidswap’s governance.

LSD 代幣經濟學將加強 Liquidswap 的社區所有權和決策，以促進平台的自我永續發展。根據初步計劃，用戶可以透過投票託管（VE）機制質押代幣來參與 Liquidswap 的治理。

How Does LSD Work?

LSD 如何發揮作用？

The Liquidswap team is experimenting with the VE system to secure the protocol through LSD staking. VE staking will enable users to lock their tokens for a predetermined period, ranging from weeks to several years.

Liquidswap 團隊正在試驗 VE 系統，透過 LSD 質押來保護協議的安全。 VE 質押將使用戶能夠將其代幣鎖定預定期限，從幾週到幾年不等。

The voting power is proportional to the duration and amount of LSD tokens a user will stake on Liquidswap. Thus, users will have more voting and other benefits if the staking or lock-up period for LSD tokens is longer.

投票權與用戶在 Liquidswap 上質押的 LSD 代幣的持續時間和數量成正比。因此，如果LSD代幣的質押或鎖定期較長，用戶將獲得更多的投票權和其他好處。

For example, a four-year staking period will give users more voting power than a one-year locking period.

例如，四年的質押期將比一年的鎖定期賦予用戶更多的投票權。

When a user stakes LSD, they’ll get veLSD tokens in return. These veLSD tokens will boost user rewards, incentivizing them to lock their tokens for longer periods.

當用戶質押 LSD 時，他們將獲得 veLSD 代幣作為回報。這些 veLSD 代幣將提高用戶獎勵，激勵他們更長時間地鎖定代幣。

Liquidity providers and LSD token holders on Liquidswap can get higher yields if they have more veLSD tokens. To put things in perspective, Liquidswap’s LSD will function like Curve’s CRV with the voting escrowed veLSD similar to veCRV.

Liquidswap 上的流動性提供者和 LSD 代幣持有者如果擁有更多 veLSD 代幣，可以獲得更高的收益。從長遠來看，Liquidswap 的 LSD 將像 Curve 的 CRV 一樣發揮作用，而投票託管 veLSD 與 veCRV 類似。

Now that you know how LSD works, let’s understand the LSD allocations for different stakeholders within the Liquidswap ecosystem.

現在您已經了解了 LSD 的工作原理，接下來讓我們了解 Liquidswap 生態系統中不同利害關係人的 LSD 分配。

LSD Tokenomics: An Explainer

LSD 代幣經濟學：解釋者

Liquidswap will initially mint 42 million LSD tokens which will become accessible to users over three years. From 42 million coins, 40% of LSD tokens will go to Liquidswap community members and 60% to early protocol contributors.

Liquidswap 最初將鑄造 4,200 萬個 LSD 代幣，用戶將在三年內可以使用這些代幣。在 4,200 萬枚代幣中，40% 的 LSD 代幣將分配給 Liquidswap 社群成員，60% 分配給早期協議貢獻者。

Community Distribution Statistics

社區分佈統計

Liquidswap will allocate 40% LSD tokens for the following purposes in predetermined proportions:

Liquidswap 將按預定比例分配 40% LSD 代幣用於以下用途：

The DAO will set LSD token inflation rates to manage the protocol’s economic growth. Any surge in LSD tokens through inflation will go to the treasury for community distribution.

DAO 將設定 LSD 代幣通膨率來管理協議的經濟成長。通貨膨脹導致的 LSD 代幣的任何激增都將進入財政部進行社區分配。

The LSD IEO will remain at the same price as the last fundraising round or at a lower valuation.

LSD IEO 將維持與上一輪融資相同的價格或較低的估值。

Early Contributor Shares

早期貢獻者股份

Liquidswap will allocate the remaining 60% of LSD tokens to the primary stakeholders in the following ratios:

Liquidswap 將按照以下比例將剩餘 60% 的 LSD 代幣分配給主要利害關係人：

It further strengthens the investors’ role as integral community members and ensures their continued support for the protocol’s long-term success.

它進一步加強了投資者作為不可或缺的社區成員的作用，並確保他們繼續支持協議的長期成功。

It will also ensure that the founding members devise a tokenomics model that structurally prevents pump-and-dump schemes.

它還將確保創始成員設計出一種代幣經濟模型，從結構上防止拉高拋售計畫。

The LSD Token Airdrop

LSD 代幣空投

Liquidswap will retroactively airdrop LSD tokens to early protocol adopters for using the product and becoming community members.

Liquidswap 將追溯性地向早期協議採用者空投 LSD 代幣，以供其使用該產品並成為社區成員。

To qualify for the LSD airdrop, users needed to add liquidity, have high trading volumes, register activity from referrals, hold DooDoo and RETuRD meme tokens, and own Pontem NFTs like Pontem Space Pirates, Dark Ages, and DooDoos OG.

為了獲得 LSD 空投資格，用戶需要增加流動性、擁有高交易量、透過推薦註冊活動、持有 DooDoo 和 RETuRD meme 代幣，並擁有 Pontem Space Pirates、Dark Ages 和 DooDoos OG 等 Pontem NFT。

However, the airdrop parameters are not final and may change before the airdrop. The snapshot date has passed and Liquidswap will share a detailed breakdown of the airdrop distribution before launch.

不過，空投參數並不是最終的，在空投前可能會改變。快照日期已過，Liquidswap 將在發布前分享空投分配的詳細細目。

Strengthening Decentralization With LSD

透過 LSD 加強權力下放

Over the last two years, Liquidswap has registered over $1.3 billion in cumulative trading volume with over 14 million total swaps. As one of the most used dapps on Aptos, Liquidswap’s LSD token launch will further secure protocol usage through decentralized governance and additional utilities.

在過去的兩年裡，Liquidswap 的累積交易量已超過 13 億美元，掉期總量超過 1,400 萬次。作為 Aptos 上最常用的 dapp 之一，Liquidswap 的 LSD 代幣發布將透過去中心化治理和其他實用程式進一步確保協議的使用。