The initial utility of $dpxETH will be farming rewards from our dpxETH/ETH Curve pool. Dopex and its associates are accumulating voting power on the Curve and Convex ecosystem which will allow us to direct gauge emissions to our pool.
This is mutually beneficial for both $dpxETH holders and the Dopex protocol:
- 1.$dpxETH holders will have a way to generate yield
- 2.Liquidity provided by $dpxETH and $ETH depositors in the pool strengthens the $dpxETH peg
$dpxETH will gradually be integrated throughout the Dopex ecosystem, allowing holders to write or purchase options.