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  1. Home
  2. /Glossary
  3. /Ve-Tokenomics
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defi

Ve-Tokenomics

A token model where you lock tokens for a period to receive vote-escrowed (ve) tokens that grant governance power and boosted rewards.

Definition

A token model where you lock tokens for a period to receive vote-escrowed (ve) tokens that grant governance power and boosted rewards. The longer you lock, the more veTokens and voting power you get. Curve Finance invented this model, and it's been adopted by dozens of protocols.

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Related Terms

Governance Token

A token that gives holders voting rights in a protocol's decision-making.

Curve Wars

The competition between DeFi protocols to accumulate voting power on Curve Finance to direct token emissions to their pools.

Tokenomics

The economic design of a token including supply, distribution, utility, and incentives.

1inch

A DEX aggregator that splits trades across multiple decentralized exchanges to find the best overall price.

Aave

One of the biggest lending and borrowing protocols in DeFi.

Across Protocol

A cross-chain bridge that uses an optimistic verification system and a network of relayers to move tokens between chains quickly.

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