Difference between revisions of "Vote-escrowed tokens"
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'''Vote-escrowed tokens''', shortened to '''veTokens''', are a form of locked [[staking]]. Developed and popularized by Curve Finance, veTokens try to depart from the temporary liquidity seen in many [[liquidity mining]] programs by encouraging long-term staking. In the case of Curve, the incentive for the user to lock their tokens for a long period of time (up to 4 years) is the up to 2.5x increase in yield.<ref>https://resources.curve.fi/reward-gauges/boosting-your-crv-rewards</ref> | '''Vote-escrowed tokens''', shortened to '''veTokens''', are a form of locked [[staking]]. Developed and popularized by Curve Finance, veTokens try to depart from the temporary liquidity seen in many [[liquidity mining]] programs by encouraging long-term staking. In the case of Curve, the incentive for the user to lock their tokens for a long period of time (up to 4 years) is the up to 2.5x increase in yield.<ref>https://resources.curve.fi/reward-gauges/boosting-your-crv-rewards</ref> | ||
== References == | |||
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[[Category:Glossary]] | |||
Latest revision as of 23:46, 3 May 2022
Vote-escrowed tokens, shortened to veTokens, are a form of locked staking. Developed and popularized by Curve Finance, veTokens try to depart from the temporary liquidity seen in many liquidity mining programs by encouraging long-term staking. In the case of Curve, the incentive for the user to lock their tokens for a long period of time (up to 4 years) is the up to 2.5x increase in yield.[1]