Ekubo ProtocolPrice

(EKUBO)

Ekubo is considered a "next-generation" protocol built specifically for Starknet. Its core innovation is the Singleton Architecture, which houses all liquidity pools within a single smart contract. This design significantly lowers gas costs for complex, multi-hop swaps and enables "Extensions" – custom logic or hooks that developers can integrate for features like limit orders or oracles, all without altering the main protocol code.

The EKUBO token functions primarily as a governance token. Holders have the power to vote on crucial protocol decisions, including future upgrades, adjustments to fee structures, and how the DAO treasury's funds are utilized. A significant aspect of its value accrual comes from the protocol revenue (withdrawal fees) collected by the DAO, which governance has historically directed towards token buybacks, thereby aligning token holder interests with the protocol's overall growth.

Due to its native deployment on Starknet, EKUBO is typically not listed on major centralized exchanges. To purchase EKUBO, users need a Starknet-compatible wallet, such as Argent X or Braavos. Once set up, users can connect their wallet to the official Ekubo App (app.ekubo.org) and swap for EKUBO using other supported assets like ETH or USDC available on the Starknet network.

The total supply of EKUBO tokens is definitively capped at 10 million tokens, ensuring scarcity and preventing inflation. This fixed supply was initially distributed equally among three categories: one-third was allocated for an airdrop to early supporters, one-third was designated for the team, and the remaining one-third was set aside for a DAO sale. This structure ensures no further inflation or pre-minted tokens beyond the initial cap.

The "Invalid Proof" error is a frequent issue when claiming the EKUBO airdrop, typically arising because users open the airdrop CSV file in spreadsheet programs like Microsoft Excel or Apple Numbers. These applications often automatically round or alter the large hexadecimal numbers that constitute the proof, rendering it incorrect. To resolve this, users should instead open the CSV file with a plain text editor, such as Notepad on Windows or Sublime Text, to accurately retrieve their address and the correct, uncorrupted proof for claiming.

Ekubo Protocol enables users to place "TWAMM" (Time-Weighted Automated Market Maker) orders, which are designed for Dollar Cost Averaging. Instead of executing a large, single swap that could significantly impact the market price, users can specify a total amount and a duration (e.g., "buy $X of asset Y over Z weeks"). The protocol then intelligently spreads and executes these smaller trades over the defined period, aiming to achieve a better average price and minimize market impact.