$VE3D and $xVE3D
What is $VE3D?
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)
What is $xVE3D?
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.
$VE3D Distributions
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
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