Hideaway Tokenomics
  • 1. Introduction
  • 2. HIDE Utility
  • 3. Transaction Fees
  • 4. HIDE Distributions
  • 5. Calculation Inclusion Criteria
  • 6. Economic and Utility Summary
  • 7. Token Issuance
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1. Introduction

Next2. HIDE Utility

Last updated 1 year ago

Hideaway is a multi-functional liquidity venue consisting of various Decentralised Finance (DeFi) primitives. This paper lays out the role of the native HIDE token which is designed as a fee cap- ture and incentive allocation mechanism for the many Liquidity Pools designated for the platform.

The base layer of hideaway incorporates a DEX/AMM together with a lending protocol that establishes a true risk-balanced liquidity engine. This supports hideaway’s innovative first-of-its kind products that are designed to meet the true requirements of future DeFi, such as the Smart Contract Default Swap.

The HIDE token takes on three roles in the ecosystem.

  1. A fee capture mechanism where a portion of all liquidity pool fees are recycled via HIDE.

  2. A liquidity conduit for any assets on the platform using HIDE pairs and the virtual pool model.

  3. A staking function that selects and allocates ecosystem incentives to any ecosystem liquidity pool.

The HIDE token is designed to optimise the system whereby protocol revenue will naturally be maximised through rational utility of HIDE token either as a liquidity conduit or an incentive allocation tool.

Figure 1: HIDE Economic Flow
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