The article discusses the economic model of Velodrome, a decentralized exchange (DEX) on Optimism, arguing that its "lockonomics" approach offers unique advantages over traditional DEX models, particularly in incentivizing long-term holding and reducing the impact of inflation on token value. It critiques misconceptions about Velodrome as a Ponzi scheme and positions its mechanisms as beneficial for fostering sustainable liquidity and governance within decentralized finance.