Pound Swap
  • Welcome to Pound Swap
  • Ve(3,3)
    • Background
    • The failure of Soldily
    • Issues with veSync
  • Pound Swap Protocol
    • Improvement
      • Improvement1: Maker Fee-Based Reward Distribution
      • Improvement2: Initial ve-Token offering(IVO)
    • Liquidity Book
  • Tokenomics and Emission
    • Token
    • Initial Distribution
    • Emission
    • Stake
    • veLB
  • Initial ve-Token Offering(IVO)
    • Raising Detail
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  1. Tokenomics and Emission

Token

Pound Swap uses two tokens to manage its utility and governance:

1）$LB: ERC-20 utility token of the protocol

2) $veLB: ERC-721 governance token in the form of an NFT (non-fungible token）

$LB is used for rewarding liquidity providers through emissions. $veLB is used for governance. Any $LB holder can vote-escrow their tokens and receive a $veLB (also known as veNFT) in exchange. Additional tokens can be added to the $veLB NFT at any time.

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Last updated 1 year ago