Airdrops are a proven tool for building early community and attracting protocol liquidity. From the outset, our strategy with this airdrop was to reward reliable ve(3,3) token lockers, protocol voters and liquidity providers with a generous 28% of the initial token supply. …

As we’ve already shared, Pearl’s goal is to innovate on the Solidly/ve(3,3) model by spinning the flywheel backwards, building a protocol that utilizes a projectable increase to bribes from Epoch to Epoch as the driver to token demand and ultimately liquidity provision. We’re also believers in the forthcoming RWA revolution…

The Pearl thesis is a ve(3,3) flywheel that runs in reverse with bribes driving the ecosystem forward. We believe that the success of the Solidly flywheel is wholly dependent on bribes and that token price and therefore TVL follow bribes not vice versa. Therefore for Pearl to succeed it is…

Defillama lists Uniswap V2 as the most forked protocol in crypto with an astonishing 425 forks and Solidly as the 5th most forked protocol with 35 forks. When we set out to build Pearl, we wanted to learn as much as we could about building a successful DEX from the…

The Pearl thesis is a ve(3,3) flywheel that runs in reverse with bribes driving the ecosystem forward. As a protocol predicating its success on the economic power of bribes within a Solidly-style ecosystem, we spent a great deal of time researching bribes and their correlation to a positive flywheel. Our…

Liquidity is the lifeblood of any protocol. Without enough of it, specifically early in development, even great products may never get off the ground. The last several years have seen an incredible evolution in the theory, concepts and technology used by protocols to build liquidity in DeFi. …

Pearl is scheduled to launch one week from today. This is the first you’re hearing from us. Pearl will launch as the premiere liquidity layer on Polygon, the market leader for Solidly forks on crypto’s fifth largest chain. How can these two statements both be true? …