πΈπΉHow to Earn
By actively participating in liquidity provision, voting, locking $LOXO, and holding veLOXO, you can earn $LOXO emissions, trading fees, bribes, and veLOXO rewards. These mechanisms incentivize engagement and contribute to the overall growth and success of the ecosystem.
Provide liquidity to earn $LOXO emissions
1.By providing liquidity to the supported liquidity pools and staking your LP tokens, you can earn $LOXO tokens.
2.Whether you deposit or withdraw liquidity, there are no fees involved in earning $LOXO emissions.
Vote to earn trading fees and bribes
1.As a veLOXO holder, you have the power to vote for your preferred liquidity pool in each epoch.
2.By voting for a specific pool, you can earn 100% of the trading fees and 100% of the bribes collected through that pool.
3.Voting allows you to participate in the governance and decision-making process of the protocol.
Lock $LOXO to earn veLOXO
1.$LOXO holders have the option to vote-escrow their tokens by locking them for a specified period.
2.By locking $LOXO, you can earn veLOXO tokens, which provide governance rights and other benefits within the ecosystem.
3.The lock period can range from a minimum of 6 months to a maximum of 2 years, with a linear relationship between the lock duration and the amount of veLOXO earned.
veLOXO holders to rebase to earn
1.veLOXO holders are eligible to receive veLOXO tokens as part of the rebase mechanism.
2.These rewards are distributed to veLOXO holders in order to reduce voting power dilution.
3.You can claim the veLOXO rewards as they accrue, and they are distributed proportionally to all veLOXO holders.
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