Horiza, a forward-thinking decentralized exchange built on Arbitrum, has introduced several groundbreaking features, including concentrated liquidity, ve(3,3) tokenomics, and active position management via DeFiEdge integration. A notable advancement involves the implementation of oTokenomics to enhance the veTokenomics component. In this article, we will provide an overview of the progression of major DEX tokenomics designs and delve deeper into the concept of oTokenomics.