$VE3D and $xVE3D
VE3D (Delegated ve(3,3)) is the governance token for the veToken Platform; it captures the fee revenue that is generated by the system, and incentivizes early depositor and ve model token economics adopters.
- Stake to receive a share of platform fees as ve3Token
- $VE3D is minted proportional for each veAsset token claimed by Liqudity providers on veToken Finance
- VE3D / veAsset mint ratio formula can be found here (release soon)
when users lock their $VE3D for 16 weeks , they receive $xVE3D in return.
- Receive integrated ve model protocol revenue
- Voting power to change gauge weights
- Claim integrated ve model protocol airdrops
- Bribes or collateral in other protocols
- Participate veToken governance
$xVE3D holders are able to participate and contribute governance. For more details, please see Governance Tab.
- Distribution Max Supply: 100 million
- 30% ve-model projects LP rewards and veAsset lock rewards.
- 30% Bond allocation For bootstrap Protocol owned liquidity for ve3Asset - Asset SLP (eg: ve3CRV - CRV LP).
- 6% for partnership incentives, (airdrop, bootstrapping etc)
- 9% Treasury. Vested over 1.5 year. These tokens will be used to fund grants, hackathons, events, and other community-focused efforts
- 15% Team and advisors. Vested over 1.5 year
- 10% Investors. Vested over 1.5 year