Introduction
ve(3,3)
Lock $LONEMI, vote on emissions, collect the fees of the markets you back. Activates at token launch.
Not live. Locking, voting and emissions start with the $LONEMI launch.
The loop
- You lock $LONEMI for one week to four years and receive veLONEMI. Voting power equals amount × lock weeks ÷ 208 and decays to zero at unlock.
- Each weekly epoch, veLONEMI holders vote on markets. Emissions split by vote share.
- LPs who stake positions in a market earn its emissions. Staked positions hand their swap fees to that market's voters.
- Anyone can add incentives to a market to attract votes. Voters collect those too.
Unstaked or staked
You choose per position. Leave it unstaked and you keep every swap fee. Stake it and you trade those fees for emissions. Voters want fees, so they vote for markets with real flow, and LPs follow the emissions into those markets.
Proposed emissions
The proposal starts at 9,000,000 LONEMI in epoch one and cuts emissions 1% per epoch. Plug your own numbers into the lock calculator.