veSUP

veSUP is the locked version of SUP

veSUP Mechanism

1

Stake SUP

SUP holders can lock their tokens for a set period to receive veSUP. The longer they lock, the more voting power they get for each SUP.

  • Lock Duration: 1 week to 1 year.

2

Get veSUP

veSUP holders gain access to rewards, boosts, direct liquidity mining incentives on the platform and governance.

3

Governance and Voting

Your veSUP determines both the strength of your governance votes and your share of fee rewards, etc.

  • Voting Power: Scales linearly with lock duration (1 year = 1 veSUP per 1 SUP).

4

Incentive Boosts

veSUP holders can unlock boosted rewards when providing liquidity, ensuring their long-term commitment translates into higher benefits.

Note: veSUP is a Non-transferable ERC20. It cannot be transferred.

Forced Unlock Penalty

Remaining Lock Time
Penalty Applied

1 year

50%

6 months

25%

3 months

12.5%

0 months

0%

All penalty tokens are burned, reinforcing deflationary pressure.

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