The first MetaDEX just launched, and it's on Uniswap V4 Instead of just another DEX fork, @Catex_Fi has built a connection (meta) layer on top of Uniswap V4 using a few core elements: 1/ Hooks (programmable plug-ins) - leverages hooks to implement ve(3,3) mechanics (same as Curve, Velodrome, Aerodrome), rewarding liquidity providers (LPs) with veCATX voting power and high-APR pre-mining 2/ Dynamic fees - Pools can adjust fees based on market conditions (increasing during volatility, decreasing in stable periods) to enhance LP rewards 3/ oCATX for active LPs 4/ veCATX for governance and fee share IDO raise of $50k sold out quickly at a $10M FDV Current yield APRs are in the 3-4 digits for providing liquidity in pools (see attached screenshots) You can also Pre-mine the $CATX token for providing liquidity Reminder that this is all on Unichain which is an Optimism Superchain so footprint here = potential future $OP airdrops like we've seen in the past with OP airdrop #5 Nice to see Univ4 hooks being put into action and trying to build different innovative Dapps instead of just a forked DEX on another L2 clone TGE just recently launched so incentives and APR are still high while the competition is low This is one of the first native DEXs on Unichain I'll be keeping an eye on it to see how it performs due to the following: UNI has a massive treasury of $UNI tokens here to drive incentives and make sure that core native DApps like Catex (that are actually different from other chains) do well to encourage more builders This informative content was made in collaboration with Catex
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