# FAQs

### **What is Liquify Network?**

Liquify Network is a permissionless, decentralized liquidity market built on the Manta blockchain, providing low-cost token exchange and reduced swap fees using the ve(3,3) governance model.

### **What is Ve(3,3)?**&#x20;

Ve(3,3) is a decentralized finance tokenomics model that encourages users to lock tokens into the pool, creating a "win-win" value model for participants. It combines two mechanisms:

1. 'Ve' (Vote Escrow): like Convex and Curve protocols.
2. Staking/Dilution (3,3): Olympus DAO.

### **How does it relate to Liquify Network?**

&#x20;Our token, $LIQ, is based on the Ve(3,3) tokenomics model.

### **What is $LIQ's maximum supply?**&#x20;

$LIQ has no maximum supply limit, but token emission rates are controlled by the amount of $LIQ tokens locked.

### **What is $LIQ's circulating supply?**&#x20;

Since $LIQ has no maximum supply limit, the circulating supply cannot be determined. However, the initial allocation is 2M $LIQ.

### **When will you receive the tokens in your wallet?**&#x20;

Once Presales are completed, you will be able to claim your tokens. Check the 📢┃announcement on how to receive your $LIQ from the Presales.

### **What makes Liquify better than other DEX?**&#x20;

Liquify has the cheapest swap fees, uses tokenomics that sustain LIQ price, and rewards token holders with voting power, 50% of the trading fees, and many other incentives.

### **When is the launch?**&#x20;

TBA

### **Where will the launch be?**&#x20;

The launch is on our DEX : <https://app.liquify.network/>.

### What is the Initial Allocation?

10% LIQUIFY/ETH — 100k$\
40% ETH/USDT — 100k$ up to 250k$\
40% ETH/USDC — 100k$ up to 250k$

### **What's the launch listing price?**&#x20;

The launch listing price is $0.2 per token.
