Introduction

CedarFi is a decentralized exchange built on the ve(3,3) model, purposefully designed for the megaETH Layer 2 ecosystem. Our goal is simple but powerful: fix liquidity in DeFi through aligned incentives, sustainable emissions, and vote-driven liquidity markets.

Liquidity is the lifeblood of decentralized finance. But today’s liquidity models are fundamentally flawed — protocols spend millions to rent liquidity, LPs farm and dump, and emissions bleed value. CedarFi rewrites the playbook by introducing a ve(3,3) mechanism where emissions are earned, not given, and governance means something.

We’re not just building a DEX. We’re building the incentive layer of megaETH