Tokan (TKN)

Tokan (TKN) is a next-generation liquidity layer designed for the Scroll ecosystem, focusing on transforming decentralized trading. It aims to create a more efficient trading environment by allowing protocols to reduce emissions and sustainably source liquidity. By leveraging a hybrid automated market maker (AMM) structure, Tokan enhances price offerings for traders, ensuring that they can access deep liquidity and optimal trading conditions.

The Tokan Exchange is characterized by its deep liquidity provision, enabling minimal slippage trades at competitive fees. This feature is essential in maximizing trading volume and user engagement within the Scroll ecosystem. The platform incorporates a dual AMM model, which includes a Curve-style AMM optimized for trading correlated assets, thereby facilitating trades with low slippage and offering the best rates for both blue-chip tokens and tokens native to Scroll.

Optimized for participation from protocols and users, Tokan’s mechanics ensure stability, scalability, and sustainability within its infrastructure. The liquidity marketplace allows veTKN holders to direct TKN emissions, empowering them to vote for liquidity pools and earn corresponding rewards. This innovative approach not only gives protocols greater control over their liquidity but also aids in reducing emissions while fostering a more sustainable trading environment.