veSHELL Staking
Vote-Escrowed SHELL
Last updated
Vote-Escrowed SHELL
Last updated
This page is currently under construction.
veSHELL (vote-escrowed SHELL) is a token staking and yield system modeled after .
DAO members gain votes by staking their SHELL tokens to the DAO. The longer these tokens are staked, the higher the voting power.
One veSHELL token = one vote.
Users may earn rewards (yield) for staking. A portion of the DAO Treasury is allocated to incentivize users to stake the DAO.
For the duration that SHELL tokens are staked, they are locked and non-transferable. However, users may delegate their veSHELL voting power to other users, via the delegation system.