> For the complete documentation index, see [llms.txt](https://asterisk-1.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://asterisk-1.gitbook.io/docs/ast-tokenomics/veast.md).

# 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.