vePNT

Overview

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Introduced by Curve protocol, vote-escrowed tokenomics or ''veTokenomics" relates to the economic and functional aspects of governance tokens in decentralized systems. These tokens are locked up for a specific period and empower holders to vote on network changes, propose updates, and steer project directions. By holding or staking veTokens, users gain influence and sometimes earn rewards, shaping the platform's evolution. It encompasses rules governing voting power, reward distribution, and participation in decentralized decision-making.

vePNT or (vote-escrow PNT) is a vesting system based on Balancer's veBAL system locking 50/50-PNT/ETH PPT (Phanes Pool Token) for specified period of time. This is meticulously crafted to incentivize prolonged alignment among token holders while ensuring an equitable distribution of protocol fees and other generated revenues.

The veTokenomics will only be introduce after our exchange (Bal fork) deployment.