# Welcome

SolidLizard is a decentralized exchange built on Arbitrum that offers low-cost token exchanges and reduced swap fees, using a governance model called the ve(3,3) system, which was developed by Andre Cronje and introduced in Solidly.&#x20;

This system rewards active user participation through voting, bribes, and decisions on whether to lock or unlock the governance token. When a majority of users lock their tokens, they can enjoy the economic benefits of the ve(3,3) model, including increased token yield, and reduced inflation of native tokens while controlling the circulating supply of the token.&#x20;

The goal of the ve(3,3) structure is to create an environment where users can actively choose to collaborate and create a cycle of growth that reinforces itself over time.&#x20;

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Before accessing SolidLizard, it is required to read and agree our [legal disclaimer](https://solidlizard.gitbook.io/solidlizard/security/legal-disclaimer).
{% endhint %}

### The team

We are a multicultural team based in central Europe and Asia. Our members have multiple successful experiences in Web 2.0 and Web 3.0 projects. Our dev team built some multi million TVL projects on the BSC during the last bullrun. That's something we are aiming to do again on Arbitrum, our new home.

Like many Defi teams, we chose to stay anon while staying transparent with everything related to this project. We are aiming to offer you the best Defi experience on the Arbitrum One chain and will focus on rewarding our long term investors in priority. We are here to build, and don't forget : SolidLizard is just the beginning of our journey!&#x20;


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