🕵️Objectives

DECO aims to introduce key innovations that provide:

Adaptability: Plugins enable gauge support for any yield-bearing asset, making DECO independent of any single AMM technology that could become outdated. They also open new opportunities to ecosystem incentives outside of DeFi such as web3 gaming and public goods.

Stability: An immutable price floor for the primary token (DECO), allowing DAOs accumulating voting power to assess their risk with confidence in the token's floor price with respect to the MNT token.

Flexibility: No more lengthy lockups for vote-escrowed tokens. Voters only have locked positions while using their voting power and can initiate a one-week unlock period to release their vote-escrowed tokens and exit the system.

Sustainability: Call option emissions to gauges. Farmers must provide to take.

Liquidity: The bonding curve introduces a new concept of Token-owned Liquidity (ToL), enabling deep liquidity and low slippage at every price in its possible range, borrowing against vote-escrowed tokens without risk of liquidation, single-sided liquidity provision (eliminating impermanent loss), and an immutable floor price for the primary token.