Locker
VE Governance Economy Model
VE (vote escrow) governance is a model of token economics that balances supply and liquidity. veRWAS is a non-transferable token for community governance in the RWA Finance ecosystem, and its holders can initiate proposals to co-decide the token emission policy to realize a fairer and more scientific emission development.
Rules
Acquisition of veRWAS: Lock the RWAS for veRWAS through the Vote Escrow contract, and the lock is irreversible.
Locking period: 1 year, 2 years, 4 years, a year is calculated according to 365 days.
Locking rules:
a. Multiple locks with different expiry dates are forbidden.
b. Locking period can be extended.
c. Additional RWAS can be added anytime.
d. Both B and C operations recalculate the veRWAS balance.
Redeem RWAS: RWAS tokens can be redeemed at the end of the lock cycle.
veRWAS balance calculation formula: veRWAS=Number of Locked RWAS*Remaining Time in Seconds/(4x365x86400), veRWAS balance will be refreshed every second according to the formula.
About veRWAS: veRWAS are non-standard ERC20 tokens and are non-transferable. veRWAS balance will decrease linearly according to each block until the balance reaches 0.
About Emission: Locking RWAS has no emission reward of RWAS. Additional rewards are decided by community vote. E.g. Early RWAS stakers will receive a 13-week airdrop benefit, which will be a 20% weekly airdrop bonus based on the stake volume! Start/end Time: Start counting from 1 April until the end of the 13-week has passed!
Benefits
The VE governance model benefits RWA Finance:
Boost RWAS price: Staking reduces the liquidity of RWAS in the secondary market, which is conducive to the increase of price.
Community autonomy: democratic voting decision-making optimizes token emission policy and ecological development direction.
Decentralized emission: Multiple roles are eligible for token emission acquisition, realizing multiple allocations.
DeFi 2.0 Farm: veToken preventing liquidity draining and bubbles in DeFi protocol.
Co-ordination of interests: Individuals vote to maximise their own value, while group decision-making can co-ordinate the consistency of interests.
veRWAS Benefits
Voting: Participate in ecology governance.
Acceleration: Amplify the mining revenue of LP pool.
Dividend: Get dividend when liquidity is high.
Proposal: Holding 50000 veRWAS access to initiate proposals.
How to stake?
Connect wallet to Arbitrum Chain.
Enter the amount of RWAS, and select the locking duration (1 year, 2 years, or 4 years).
Click "Confirm". After the lock-in is successful, you will receive veRWAS.
Note: The lock period can be extended. You can add from 1 year to 2 years or 4 years.
VE Products
RWA Financecore products are VE Pool and Community Voting, including LP Pool, Swap and other product portfolios, which can satisfy the needs for community governance and ecological value capture.
Locker: Deposit RWAS to get veRWAS.
Governance: Enables proposal origination and voting.
Swap: RWAS/USDT trading pairs
LP Pool: Deposit USDT and RWAS in Uniswap V2 to become a Liquidity Provider (LP)
VE Pool: Lock LPs in a Liquidity contract to gain RWAS emissions.
VE Governance
Governance: deposits RWAS in VE Pool (get veRWAS) -- View/initiate proposals -- Vote -- Proposals passed --Onchain execution
Emission Reward:
a. deposits RWAS in VE Pool (get veRWAS) - get LP acceleration rights;
b. add RWAS/USDT liquidity (with access to corresponding LPs) - lock LPs in Liquidity;
c. gain RWAS accelerated emission rewards involved in VE and LP pools;
veRWAS Holder
What economic benefits are available to veRWAS Holders:
LP Pool Incentive: Fixed 73,136 pieces/day for the first year, veRWAS holders can get up to an additional 150% accelerated earnings
VE Pool Referrals Incentive: Invite others to participate in VE Governance to receive high incentives (first 3 months)
VE Governance Emissions: additional weekly incentives for veRWAS owners (first 3 months)
Potential RWA Benefits: In the future, airdrops for ecological incubation RWA projects; priority subscription for RWA quality projects, etc.
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