Staking Liquidity on Vordex
Liquidity Providers (LPs) have the opportunity to lock up their liquidity on Vordex to earn extra VEX rewards in addition to the normal swapping fees. Staking is combined with the governance of veVEX, meaning that veVEX holders will vote to determine the pools that receive top VEX emissions. The system nears a strong competitive reward structure by which both the provision of liquidity and active participation in governance are encouraged.
How does staking work on Vordex?
After being whitelisted for staking, a liquidity pool will then be eligible for casting veVEX votes, which govern how VEX emissions are distributed. āļø Governance-driven rewards - The higher the number of votes a pool gets, the more it deposits into VEX. āļø Bribed for providing additional incentives - A pool can bribe into voting for increased rewards. āļø No additional stakes are not required - providing liquidity in a whitelisted pool suffices as eligibility for LP rewards. Steps to stake liquidity on Vordex: 1ļøā£ Provide liquidity on a whitelisted pool on Vordex. 2ļøā£ Wait for the veVEX votes to approve them. 3ļøā£ Earn additional VEX rewards based on voting capability. Pools garnering more votes stand to be assigned sites with higher VEX, hence being more profitable to LPs.
Why Stake Liquidity on Vordex?
ā Maximize earnings ā Earn additional VEX rewards beyond standard swap fees. ā Participate in governance ā Influence the distribution of emissions. ā Leverage bribes ā Use governance incentives to increase returns. ā Decentralized & transparent ā Reward allocations are fully controlled by veVEX voting.
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