What is veNFT?
The best definition of this product is a liquidity providing and boosted farming engine!
Liquidity in the DeFi ecosystem is extremely valuable and potentially the most scarce asset in the whole space. In fact, protocols offer millions of dollars in bribes to liquidity providers every week. veNFT represents the vested version of an NFT, it is based on Curves veCRV contracts. The core objective is to switch form an intensive farming token model to a demand & supply token which derives its value form the revenue captured by the protocol. veNFT holders gain access to the protocols economic-power to vote, boost and farm LPs. We have created a video to help you understand everything better:
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