#### What is Behodler? Behodler is a unique [cryptocurrency](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency) project that aims to redefine the concept of an [Automated Market Maker](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/automated-market-maker--amm-) (AMM). It is designed to be efficient and low-cost, with a focus on reducing [gas](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/gas-fee) fees for transactions. Behodler's unique selling point is its universal [liquidity](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/liquidity-) token, which is powered by Miner Extracted Value (MEV) capturing [tokenomics](https://www.coinbase.com/learn/wallet/tokenomics-101). The project also features EYE, a deflationary governance token. Unlike many other governance [tokens](https://www.coinbase.com/learn/crypto-basics/what-is-a-token), EYE is regularly burned, a process that aims to ensure participants have a vested interest in the project's success. #### How does Behodler work? Behodler operates as a single-sided AMM, which aims to offer lower impermanent loss than traditional AMMs. It functions as a wholesaler of [yield](https://blog.coinbase.com/around-the-block-7-understanding-yield-farming-and-the-latest-developments-in-defi-ef9f1ac910fb) strategies, allowing users to enter and exit their preferred mainnet yield farms at half the gas cost of a trade on other platforms. Behodler's tokenomics are designed to provide exposure to net liquidity or single token liquidity growth. The platform also features a farming [dApp](https://www.coinbase.com/learn/wallet/guide-to-dapps) for token listing migration pools and [staking](https://help.coinbase.com/en/coinbase/trading-and-funding/staking-rewards/eth-2-0-staking), and a reward system that incentivizes trading on Behodler by taking advantage of the burn of burnable and non-burnable tokens. #### What are the potential use cases for Behodler? Behodler aims to provide a range of use cases for both liquidity providers and traders. Its efficient, low-cost AMM model seeks to attract users looking for a more cost-effective way to trade tokens. The platform's universal liquidity token, $SCX, is designed to draw liquidity from the rest of the [DeFi](https://www.coinbase.com/learn/crypto-basics/what-is-defi) space into the Behodler ecosystem. Additionally, Behodler's farming dApp, Limbo, aims to bootstrap liquidity for new token listings, while its reward system seeks to incentivize trading on the platform. #### What is the history of Behodler? The history of Behodler is not explicitly detailed in the provided information. However, it is clear that the project has been developed with a focus on efficiency, cost-effectiveness, and innovative tokenomics. The introduction of the EYE governance token, which is deflationary and burned regularly, is a notable aspect of Behodler's development. The project's ongoing efforts to reduce gas fees and impermanent loss, as well as its development of a farming dApp and reward system, indicate a commitment to continuous improvement and user-centric design.