Skip to main content

Four Mainnet and One Testnet Opportunities for Ve(3,3) Farming

This article introduces Ve(3,3) farming opportunities on L1 platforms with tens of millions in funding.

【Sei – Yaka Finance】​

  • The first decentralized exchange on Sei to introduce the Ve(3,3) model.
  • Model Structure: Similar to Solidly/Thena, users can lock YAKA tokens to receive veYAKA for voting and sharing protocol revenue.
  • Current Stage: Testnet phase, tokens not yet issued, plans to reward early users via airdrops.
  • Token Model: Typical Ve(3,3) (combining Curve’s lockup and Olympus’s incentive mechanisms).
  • Website: https://yaka.finance
  • Twitter: @YakaFinance

【Sui – Momentum (Token: MMT)】​

  • The first liquidity engine platform on Sui implementing Ve(3,3).
  • Current Stage: DEX platform live, farming started with points system: https://app.mmt.finance/leaderboard?refer=JDOLGM.
  • Funding: Raised over $10M, backed by Coinbase Ventures, Circle, Sui Foundation, etc.
  • Token Status: Not yet publicly issued, in early liquidity incentive phase; users can accumulate Bricks points through trading and liquidity provision for future tokens.
  • Token Model: Ve(3,3), users lock MMT to get veMMT to guide incentives and share trading fees.
  • Website: https://app.mmt.finance/leaderboard?refer=JDOLGM
  • Twitter: @MMTFinance

【High Potential Opportunity】【Plume – Rooster Protocol】​

  • A Ve(3,3) DEX protocol supported by Plume Network’s official website.
  • Technical Support: Powered by Maverick Protocol’s dynamic distribution AMM with built-in Ve(3,3) incentive mechanism.
  • Model Structure: Users lock ROOSTER tokens to receive veROOSTER for voting; the protocol enhances liquidity and reward efficiency via Ve(3,3) cycles.
  • Current Stage: Test phase, tokens not yet issued, staking at $1M per pool, still in very early stage.
  • Website: https://rooster-protocol.xyz
  • Twitter: @roosterprotocol

【Hyperliquid (HyperEVM) – KittenSwap】​

  • KittenSwap
  • Token Issuance: Not yet issued (KittenSwap itself).
  • Airdrop Status: Currently distributing future token shares via LP staking points.
  • Current Stage: Early mining incentive phase.
  • Website (Main Chain): https://hyperliquid.xyz

【Monad – Reactor】​

  • EVM-compatible [Test] public chain (L1).
  • Launch: Testnet launched in 2024 (established in 2023).
  • Funding/Ecosystem Overview:
    • Raised $225M in April 2024, led by Paradigm.
    • Other investors include Electric Capital, GreenOaks, Animoca Ventures, Coinbase Ventures, etc.
    • Uses parallel execution architecture, claims to support ~10,000 TPS.
    • Currently in public testnet phase, mainnet expected in late 2025.
  • Ve(3,3) Protocol Name: Reactor
  • Token Issuance: Not yet issued (no contract address).
  • Airdrop Status: Started, earn “Reactor Points” through testnet tasks for future token rewards.
  • Current Stage: Testnet phase, users can earn community points via trading and liquidity provision.
  • Twitter: @ReactorFi