The MetaDEX For Blast
Fenix is a MetaDEX that belongs to a new class of decentralised exchanges that merge the best features of ve(3,3), Curve, Convex and Uniswap into a unified protocol with a streamlined and performant design.
There are three key components that drive the Fenix MetaDEX design:
A high-performance automated market maker (AMM) that provides the logic that enables Concentrated, Uniswap V2 and Stableswap liquidity pools.
An optimal incentives structure that is based on the ve(3,3) system that directly aligns voting with revenue distribution. Fenix also deploys The RISE Programme, a native protocol and user-centric rewards layer.
A built in voting marketplace that is coupled to an automated voting platform (The Fenix Nest) to improve UX, and reduce fee extraction through a single platform.
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