Guide to Tapp Exchange’s ve(3,3) Model

What is ve(3,3) and Why Does It Matter?

Most DEXs have a liquidity problem disguised as an incentive problem, ve(3,3) breaks that cycle by aligning every participant's incentives around a single mechanism: if you want influence over where rewards flow, you have to lock your tokens and commit. No locking, no voting power, no fee share.

The model, pioneered by Andre Cronje's Solidly and refined by protocols like Velodrome and Aerodrome, turns passive token holders into active governance participants with real skin in the game.

Tapp Exchange brings this model to Aptos, combining it with their modular hooks architecture and concentrated liquidity. The result is a flywheel where voters direct emissions to the pools that generate the most fees, LPs flock to those pools for better rewards, and the increased volume generates more fees for voters. Everyone wins when everyone understands how to participate.

Here's the complete guide on how to navigate, establish understanding and eventually participate.