Protocol Overview
Protocol Overview
This section provides detailed technical and conceptual information about HOOKED Exchange's core mechanisms. For a high-level introduction, see the main overview page.
Core Mechanisms
Smart Fee Protection:
HOOKED automatically protects traders from exploitation by adjusting fees when attacks are detected.
Next-Generation Governance
Community Control:
Lock HOOKED tokens and get a special NFT that lets you vote on where rewards go. Your voting power never decreases!
What you get:
- Permanent voting power - Never expires or decreases
- Weekly rewards - Vote on where HOOKED tokens go
- Extra incentives - Get bonus rewards from other projects
- Tradeable NFT - Can sell or transfer your voting rights
Weekly Voting:
Every Thursday, voting opens. You choose which pools get HOOKED rewards. Wednesday night, voting closes and rewards are distributed automatically!
Participant Benefits
💰 Liquidity Providers
Multiple reward streams for providing liquidity:
HOOKED Emissions
Weekly token rewards distributed based on community voting
Trading Fees
Earn fees from all trading activity in your liquidity pools
External Incentives
Additional rewards from protocols seeking liquidity
MEV Protection
Smart fee systems designed to protect against value extraction
🗳️ Governance Participants
veHOOKED NFT holders unlock governance benefits:
Voting Power
Direct influence over weekly emission allocation to pools
External Rewards
Protocols pay for your votes to direct incentives
Protocol Governance
Vote on protocol parameters and upgrade proposals
NFT Appreciation
Potential value increase from growing utility and demand
🏢 External Protocols
Leverage HOOKED's infrastructure for your protocol:
Bootstrap Liquidity
Attract liquidity through targeted incentive campaigns
Access Governance
Engage with veHOOKED holders to influence emissions
Capital Efficiency
Optimize spending through community-directed rewards
Ecosystem Access
Build partnerships within the broader HOOKED network
Protocol Architecture
🔧 Core Contracts
Essential smart contracts powering the protocol:
VotingEscrow
Manages veHOOKED NFT creation and voting power distribution
HookedVoter
Handles voting processes and weekly emission distribution
HookedHook
Uniswap V4 hook for fee collection and pool integration
MinterUpgradeable
Controls token emission schedules and distribution timing
🏗️ Supporting Systems
Additional infrastructure enhancing protocol functionality:
HookedGauge
Multi-pool liquidity mining rewards and incentive management
MultiIncentives
External protocol incentive management and distribution
SuperOracle
Oracle aggregation system for optimal fee calculation
Oracle Strategies
Specialized MEV detection and dynamic fee calculation
Key Differentiators
Binary Voting System
Unlike traditional ve-token models, HOOKED's voting power remains constant until vesting begins, eliminating the need for periodic re-locking.
MEV Protection
Advanced oracle systems integrate with Uniswap V4 hooks to provide real-time MEV protection through dynamic fee adjustments, with conservative maximum fee caps designed to create fairer trading conditions.
Community Control
The community has direct control over emission allocation, directing rewards to pools as determined by governance participants.
Sustainable Economics
The protocol includes mechanisms designed for long-term sustainability, including emission decay, hard supply caps, and minimum emission floors.