The USDA Focus

DIKO tokenomics redesign.

We also have some ideas on improving the fundamental value of DIKO’s governance token. We’ve seen extensive calls from the community to route Swap fees and stability fees to fund buybacks for DIKO. We are still deliberating the technicalities of the solution but long-term this is certainly the plan. Another dynamic we would like to introduce at some point is the usage of DIKO to boost staking yields. A paradigm which is making a further push in DeFi is the concept of veTokens, vote escrowed tokens that enable governance participation, receive protocol revenue and boost yield for stakers. Andre Cronje, one of DeFi’s brightest minds, is working on expanding this concept as we speak. We are analyzing how this paradigm could be applied to DIKO.

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Arkadiko Protocol

Arkadiko Protocol

220 Followers

Arkadiko Protocol is a stablecoin (USDA) built on Stacks to bring DeFi to Bitcoin.