Bunni.pro is a liquidity engine built by Timeless Finance for incentivizing Uniswap v3 liquidity with the goal of being efficient and easy to use. They aim to do this with their unique wrapper for liquidity positions in the form of an ERC-20 token (instead of the standard NFT format on Uniswap) and by a newly applied version of vetokenomics that encourages long-term positions and de-incentivizes short-term plays.
Vetokenomics (or vote-escrow tokenomics) allows holders of the veLIT token voting ability on determining rewards for different pools. The veLIT governance tokens are acquired by locking up funds in a LIT/WETH pool with more veLIT received by choosing a longer lockup period.
In a recent tweet from Timeless Finance, the WETH/IZE Bunni Pool was one of the top APRs of $oLIT, which is a call option reward token against $LIT. $LIT is the Bunni.pro native token, which is used to incentivize liquidity.
1⃣liqLIT/BAL-20WTH-80LIT 381%-1907% @Liquisfi
2⃣WETH/LIQ 430%-1665% @Liquisfi
3⃣WETH/IZE 260%-1184% @galvanhealth
4⃣USDT4626-PYT/USDT4626-NYT 207%-1036% @Timeless_Fi
5⃣USDC/USDT 108%-526% pic.twitter.com/40Ys94NjtF
— Timeless Finance (@Timeless_Fi) September 22, 2023
Whereas some tokens are created from initial coin offerings (ICOs), the IZE token is minted on and by the Galvan blockchain as a digital reward for node owners who own and host node licenses that power the Galvan Blockchain. The IZE token is an ERC-20 Token that has been bridged over to the Ethereum network from the native Galvan blockchain. IZE will have a maximum supply of 50 billion Tokens.
Galvan (the company) has no authority or control over the community-led Galvan Blockchain.
Galvan is a company building health and wellness products and services with the use of blockchain technologies. This is done in a variety of ways including Galvan’s app, which is currently available for download in all major app stores. The app rewards positive behaviors that encourage health and wellness including a unique mental health checkin using voice activated bio markers that utilize AI and machine learning technologies. Future roadmap includes other health and wellness products, services and initiatives. For more information on Galvan or its products, please visit galvan.health