veSync
  • Introduction
    • veSync
    • Protocol Overview
    • Protocol Partners
    • ve(3,3) Master Protocol List
  • Tokens
    • $VS (veSync Token)
    • veVS (veNFT)
  • Tokenomics
    • Fund Raising (IDO) & DEX Listing
    • Initial Distribution
    • Emissions
  • Liquidity & Vote & Reward
    • Liquidity Pools
    • Gauge Voting
    • Rewards
  • Info
    • Contract
      • $VS token contract
      • Dex contract
      • Liquidity pools contract
    • Roadmap
    • Official Links
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On this page
  • Emissions
  • Swap Fees
  • Bribes
  • Rebases
  1. Liquidity & Vote & Reward

Rewards

There are 4 types of rewards on veSync:

Emissions

Emissions refer to the distribution of new $VS tokens to liquidity providers who stake in active gauges as a reward for their participation in the protocol. Liquidity providers receive emissions proportional to their share of the total liquidity in a given liquidity pool.

Swap Fees

Users pay swap fees when they make trades against liquidity pools. The standard swap fee for stable pool is 0.02%. Swap fee for volatile pool is 0.2%. Swap fees accumulated in liquidity pools in veSync are redirected to gauge voters. These fees are proportionally distributed to gauge voters based on each voter's veVSvoting weight of a gauge.

Bribes

Bribes are additional rewards that gauge voters may receive from external parties who wish to direct emissions toward a specific liquidity pool. These bribes are also distributed proportionally to each gauge voter's voting weight of a gauge.

Rebases

veSync implements a weekly rebase mechanism to incentivize long-term locking of veVS and prevents dilution of voting power. The total supply of$VS tokens is dynamically expanded based on the total supply of locked veVS. veVS holders receive a share of rebase proportional to their voting power at the beginning of each epoch.

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Last updated 1 year ago