
What is Nile Exchange?
Nile is a decentralized exchange (DEX) built on Linea that rewards users with $NILE and trading fees. Pairing 2 tokens together will earn the $NILE token over time based on how much you pair, and how effective your liquidity is. Concentrated liquidity--a price range for your 2 tokens to stay active--gives you a few options to help boost your rewards. Use your $NILE rewards and lock into veNILE, then vote on how $NILE is distributed to liquidity pools the following week. This earns you a portion of the trading fees generated on Nile Exchange, with 100% of fees generated on Nile going back to veNILE voters.
Nile is designed to make liquidity provision easy and more profitable and capital-efficient, while keeping emissions fully decentralized with voter incentives.
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