VELOCORE V2
V1 DocszkSyncEraLineaTelos
  • Introduction
  • Our Philosophy
    • Vision
    • Gas Optimization
    • General Bedrock for All Kinds of AMM
    • Epoch-less Predictability
    • Free Flowing Easy Vote System
  • DEX Innovation
    • Token Vault
      • Flashloan
    • Gas Saving Matters : Benchmark
    • AMM Flexibility
    • Multi In/Out Swap
    • Batch Swap
    • Adjustable Trading Fee Mechanics
    • Accumulating Swap Fees in LP Tokens
  • ve(3,3) Innovation
    • Removing 'Epoch' Systems
      • Bribe Optimization
    • Fungible Votes ($veVC)
      • No Decay & Easy Liquidation
    • Decentralized Gauge Deployment
    • Rebase Elimination
  • Security & Contract Address
    • zkSyncEra Contracts
    • Linea Contracts
    • Telos Contracts
    • V1 zkSyncEra (deprecated)
    • Three Rounds of Audits
  • Technical Docs
    • Concepts
    • Architecture Overview
      • Source Files Overview
    • How to interact with VELOCORE
      • Uniswap compatible interface
    • How to Read Data
    • Example Codes
      • Swap
      • Add liquidity
      • Stake
      • Voting
      • Multicall operations
      • cf) wrapper functions
    • Typescript Examples for Integration
    • Pool Specifics
      • Generalized CPMM
      • Wombat Stableswap
    • Events & Chart Integration
      • Getting a pair list
      • Interpreting Swap / LP events
    • Flashloan
  • zkSync Era
    • Migration Plan
      • $VC 1:1 Exchange
      • veNFT -> $veVC
      • One-Step LP Migration
      • Migration Schedule
      • Emission Migration
    • V2 Tokenomics
      • $VC Gauge
      • Bribe Mechanics
      • $veVC VOTING
    • Paymaster as a Service
  • Linea
    • Launch Details
      • Getting Ready
      • Bridging
      • V2 Launch Event
      • $LVC Presale
    • $LVC Tokenomics
      • $LVC Gauge
      • Bribe Mechanics
      • $veLVC VOTING
  • Telos
    • Launch Details
      • Getting Ready
      • Bridging
      • Launch Event
    • $TVC Tokenomics
      • $TVC Gauge
      • Bribe Mechanics
      • $veTVC VOTING
  • Free Loot Box for Future Airdrops
  • PASSPORT - F'air drops
  • Legal Disclaimer
  • Velocore Brand Assets
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On this page
  • Rewards
  • How to get $veTVC?
  • Voting APR
  1. Telos
  2. $TVC Tokenomics

$veTVC VOTING

Only $veTVC can be used to vote. Unlike typical ve(3,3) DEXs, Velocore V2 operates without epochs. $veTVC holders can vote at any time and for any pool they want, with the flexibility to change their vote as needed. The emission of rewards occurs in real-time, eliminating concerns about potentially missing out on rewards due to voting patterns.

Rewards

Voting has several benefits that should be considered.

  • Voting directs $TVC token incentives. So if you care about this, vote accordingly.

  • Voting on a pool grants you a pro-rata share of all the trading fees of the pool you voted on. (Only the LPs that are staked to receive $TVC rewards)

  • Voting on a pool grants you a pro-rata share of all the bribes that are added to the pool by any 3rd party. Bribes can be added to a pool at any time. Bribes are released according to a schedule set by the briber in advance. Bribe rewards are available at any time similar to the farming rewards.

How to get $veTVC?

$veTVC can be minted on a 1:1 basis with $TVC as the default. However, since Velocore V2 supports trading of$veTVC tokens, the price of $veTVC is not always equal to $TVC. To avoid confusion and ensure optimal cost for acquiring $veTVC, if a user tries to mint $veTVC when the price of $veTVC is lower than $TVC,Velocore will automatically purchase $veTVC from the market and only mint the amount of $TVC needed to fill the gap. This feature is provided by Velocore itself.

Voting APR

In the front end, you will see a column that displays the voting APR.

This metric is calculated as follows;

Voting APR = Real-time bribe release (per sec) / (TV *$veTVC price) * 31,536,000 * 100%

year = 31,536,000 (365d * 24h * 60m * 60s)

TV = Total Number of Votes

Last updated 1 year ago