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The Power of
VNX & veVNX
Tokens
VNX & veVNX
Tokens
Have a voice in VNX Community Hub governance by using VNX and veVNX tokens - gain decision-making power, governance in key areas of project development, and leverage on its growth
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VNX token
VNX token is the backbone of the VNX ecosystem, allowing users to drive the market development of VNX stablecoins and leverage on it. To unlock all unique benefits, holders of VNX token have to lock it via VNX Community Hub and receive veVNX token in return.
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veVNX token
veVNX (voting escrow VNX) tokens represent the community's voting power. The more veVNX tokens a community member holds, the greater their influence over the protocol's future and the more they earn from providing liquidity.
How it works
VNX and veVNX
Tokens in Action
Tokens in Action
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Strategic
Roadmap
Roadmap
VNX Community Hub’s strategic goals are to become a leader in the EU and achieve a market capitalization of 50 million by the end of 2024 and 150 million by the end of 2025. Achieve a market capitalization of 500 million within 3 years
Token
Distribution
Distribution
The VNX token will be fairly distributed among community participants based on the points they accumulate during the campaign. VNX token holders can use them in supported DeFi protocols to earn returns or lock them for veVNX tokens to gain voting power, shape VNX’s future development, and unlock even greater yield opportunities.
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USE
YOUR VNX
TOKENS
YOUR VNX
TOKENS
Use VNX and veVNX tokens to receive boosted yields on your VNX stablecoins' investments
Steps to take
Here’s how you can maximize your returns with the variety of tokens offered by VNX:
#1
GET VNX TOKEN
Participate in the VNX points campaign, earn points for your participation in DeFi with VNX stablecoins and exchange them to VNX tokens
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#2
STAKE VNX TOKENS
Stake your VNX tokens to get veVNX (voting escrow VNX) tokens and gain decision-making power
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#3
GAIN DECISION-MAKING POWER
veVNX holders can participate in decision-making for key protocol decisions including governing the incentive distributions to pools, adding new pools, and token distribution. They can also delegate their decision-making power and earn rewards from it
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#4
GENERATE BOOSTED YIELD
Use your veVNX and VNX tokens along with stablecoins & tokenized gold issued by VNX to boost your yield by staking, providing liquidity, and voting on protocol decisions
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