# Overview

Kodo Exchange is the trailblazer of the next-generation automated market makers (AMM). Seeking inspiration from leading DeFi protocols such as Curve, Convex and Uniswap, our protocol has been meticulously crafted to serve as the heart of Taiko's liquidity dynamics. At Kodo, we believe rapidity breeds success which is why we have infused our technical architecture with a robust flywheel mechanism. This defining feature empowers protocols to build extensive liquidity pools while optimizing on capital efficiency by aligning $KODO emissions. Witness liquidity creation like never before, only on Kodo Exchange - your DeFi paragon in the ve(3,3) domain.

Kodo is now live on Taiko's mainnet.

### How it works

Kodo has created a sustainable system that rewards all participants who contribute to its operation. This includes protocols, veKODO voters, liquidity providers and traders.

<figure><img src="https://3373821324-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FK75knmeQpH0Eq3qsE8yi%2Fuploads%2FTk6itx6MocJL2FpHT69E%2FWX20240704-204115%402x.png?alt=media&#x26;token=f6a5da20-0a79-4c53-986b-3ce231866960" alt=""><figcaption><p>Kodo's flywheel</p></figcaption></figure>

* **Protocols** - Offer incentives to veKODO voters to attract votes / KODO emissions to their pools, allowing them to build liquidity at a low cost.
* **veKODO Voters** - Vote on which pools will earn KODO emissions and receive 100% of incentives and fees for the pools they vote for. Any KODO holder can lock their tokens to convert to veKODO.
* **Liquidity Providers** - Deposit the tokens used for trading on Kodo and receive KODO emissions as rewards.
* **Traders** - Swap tokens with minimal slippage and pay some of the lowest fees to veKODO voters.

### Resources

* Website: [https://kodo.exchange/](https://kodo.exchange)
* 𝕏: <https://twitter.com/kodohq>
* Discord: <https://discord.gg/p99hk4actg>
* Medium: <https://medium.com/@kodo-exchange>
* GitHub: <https://github.com/kodo-exchange>
* Dashboard: coming soon


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