APWine logoAPWine

TVL: $5.73 M

-14.27% / 7 days

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Description[Edit][Issue]

APwine is a decentralized protocol and aims to tokenize the future yield so a user doesn’t have to worry about future yield fluctuations.

Benefits[Edit][Issue]

Having veAPW offers a few opportunities for its holders compared to just having APW.

Voting[Edit][Issue]

The veAPW token can be locked up for veAPW for a period up to 2 years. The veAPW will be non-transferable until the lock will expire. Locking the tokens up will grant you the right to participate in the governance process. The more veAPW a user has, the more voting right they will have.

Gauge Weight[Edit][Issue]

Currently the rewards are being distributed evenly over all the pools but there is a governance proposal up to create a dynamic gauge weight. The gauge weight could be voted on every week to determine which pools should get the emission of the APW token.

Rewards[Edit][Issue]

Holders of veAPW will get to share in the platform revenue generated by the 0.05% swapfees. This will also include all kinds of other future protocol revenue flows which are not in production yet.

References