Liquidswap 推出 LSD 治理代币以支持其采用、扩展和去中心化战略

LSD 代币是 Liquidswap 的实用和治理代币。 LSD 代币持有者将能够管理协议和社区金库

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 区块链上的去中心化交易所 (DEX)，正在推出其 Liquidswap DAO 和相应的 LSD 治理代币，以支持 Liquidswap 的采用、扩展和去中心化战略。

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

在本文中，我们将解释什么是 LSD、治理代币的实用程序、其初始分配和空投计划。

What Is LSD Token?

什么是 LSD 代币？

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 代币是 Liquidswap 的实用和治理代币。 LSD 代币持有者将能够管理协议和社区金库，并通过加权投票决定未来的发展。

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 代币经济学将加强 Liquidswap 的社区所有权和决策，以促进平台的自我可持续发展。根据初步计划，用户可以通过投票托管（VE）机制质押代币来参与 Liquidswap 的治理。

How Does LSD Work?

LSD 如何发挥作用？

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 团队正在试验 VE 系统，通过 LSD 质押来保护协议的安全。 VE 质押将使用户能够将其代币锁定预定期限，从几周到几年不等。

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.

投票权与用户在 Liquidswap 上质押的 LSD 代币的持续时间和数量成正比。因此，如果LSD代币的质押或锁定期较长，用户将获得更多的投票权和其他好处。

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

例如，四年的质押期将比一年的锁定期赋予用户更多的投票权。

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.

当用户质押 LSD 时，他们将获得 veLSD 代币作为回报。这些 veLSD 代币将提高用户奖励，激励他们更长时间地锁定代币。

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 上的流动性提供者和 LSD 代币持有者如果拥有更多 veLSD 代币，可以获得更高的收益。从长远来看，Liquidswap 的 LSD 将像 Curve 的 CRV 一样发挥作用，而投票托管 veLSD 与 veCRV 类似。

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

现在您已经了解了 LSD 的工作原理，接下来让我们了解 Liquidswap 生态系统中不同利益相关者的 LSD 分配。

LSD Tokenomics: An Explainer

LSD 代币经济学：解释者

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 最初将铸造 4200 万个 LSD 代币，用户将在三年内可以使用这些代币。在 4200 万枚代币中，40% 的 LSD 代币将分配给 Liquidswap 社区成员，60% 分配给早期协议贡献者。

Community Distribution Statistics

社区分布统计

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

Liquidswap 将按预定比例分配 40% LSD 代币用于以下用途：

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 将设定 LSD 代币通胀率来管理协议的经济增长。通货膨胀导致的 LSD 代币的任何激增都将进入财政部进行社区分配。

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

LSD IEO 将保持与上一轮融资相同的价格或较低的估值。

Early Contributor Shares

早期贡献者股份

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

Liquidswap 将按照以下比例将剩余 60% 的 LSD 代币分配给主要利益相关者：

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

它进一步加强了投资者作为不可或缺的社区成员的作用，并确保他们继续支持该协议的长期成功。

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

它还将确保创始成员设计出一种代币经济模型，从结构上防止拉高抛售计划。

The LSD Token Airdrop

LSD 代币空投

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

Liquidswap 将追溯性地向早期协议采用者空投 LSD 代币，以供其使用该产品并成为社区成员。

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.

为了获得 LSD 空投资格，用户需要增加流动性、拥有高交易量、通过推荐注册活动、持有 DooDoo 和 RETuRD meme 代币，并拥有 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.

不过，空投参数并不是最终的，在空投前可能会发生变化。快照日期已过，Liquidswap 将在发布前分享空投分配的详细细目。

Strengthening Decentralization With LSD

通过 LSD 加强权力下放

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.

在过去的两年里，Liquidswap 的累计交易量已超过 13 亿美元，掉期总量超过 1400 万次。作为 Aptos 上最常用的 dapp 之一，Liquidswap 的 LSD 代币发布将通过去中心化治理和其他实用程序进一步确保协议的使用。