ve-Tokenomics

Vote-escrowed tokenomics — the lock-and-earn model pioneered by Curve's veCRV in 2020. Users lock tokens for fixed periods (up to 4 years on Curve); receive ve* tokens proportional to amount × time. Grants voting power on gauge weights, fee revenue share, and LP rewards boosts. Widely copied: Convex (cvxCRV), Velodrome, Aerodrome, Pendle. Solves token velocity problem; creates economic alignment with protocol success.