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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