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Asterisk
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  • *️AST Tokenomics
    • Token
    • Initial Supply and Emissions Schedule
    • veAST
    • Rebase
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  • veAST Utility
  • veAST Specifications
  1. AST Tokenomics

veAST

Lock your $AST for voting power

veAST Utility

  • Protocol revenue access: veAST holders can vote for gauges on a weekly basis, and access 80% of the trading fees (later 90%) and 100% of the bribes for the associated pool.

  • Governance participation: veAST holders can partake in governance and cast votes for the protocol improvement proposals.

veAST voters receive:

  • Trading fees generated by the pool(s) they vote for

  • Bribes deposited for the pools they vote for

  • Weekly veAST distribution (rebase)

veAST Specifications

The ve(3,3) Mechanics have evolved with their own unique characteristics based on Olympus DAO's rebase model and Curve's vote-escrowed model.

Bribes are custom token payments made by third parties on a gauge to veAST holders in exchange for their votes. The maximum lock period for veAST positions is 2 years.

Finally, veAST positions can be merged, split, and sold on the secondary market for added flexibility.

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Last updated 2 years ago

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