Supernova is a decentralized exchange deployed on Ethereum that combines multiple automated market maker (AMM) models with an enhanced ve(3,3) tokenomics framework. The protocol supports concentrated-liquidity, classic constant-product, and stablecoin AMMs, enabling users to provide liquidity according to different asset characteristics and strategies. Supernova operates on weekly epochs during which holders lock $NOVA to mint vote-escrowed NFTs (veNFTs) and vote on how emissions are distributed across liquidity pools. Liquidity providers earn emissions based on gauge voting outcomes, while veNFT holders receive protocol trading fees and incentive deposits. The system also includes a mechanism to permanently remove $NOVA from circulation to mint Supermassive veNFTs with non-decaying voting power.
Supernova is a decentralized exchange deployed on Ethereum that combines multiple automated market maker (AMM) models with an enhanced ve(3,3) tokenomics framework. The protocol supports concentrated-liquidity, classic constant-product, and stablecoin AMMs, enabling users to provide liquidity according to different asset characteristics and strategies. Supernova operates on weekly epochs during which holders lock $NOVA to mint vote-escrowed NFTs (veNFTs) and vote on how emissions are distributed across liquidity pools. Liquidity providers earn emissions based on gauge voting outcomes, while veNFT holders receive protocol trading fees and incentive deposits. The system also includes a mechanism to permanently remove $NOVA from circulation to mint Supermassive veNFTs with non-decaying voting power.