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      • Where To Buy $WOM?
      • veWOM
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veWOM

PreviousWhere To Buy $WOM?NextWhitepapers

Last updated 2 years ago

veWOM is vote escrowed WOM. Users can lock WOM for between 7 days and 4 years to mint veWOM. The longer you lock, the more veWOM you get for the same amount of WOM.

veWOM=LockedWOMāˆ—0.02616āˆ—t1/2veWOM=LockedWOM*0.02616*t^{1/2}veWOM=LockedWOMāˆ—0.02616āˆ—t1/2

ttt = number of days

You can earn additional WOM from the Boosted Pool by locking WOM tokens to get veWOM. It was created to incentivize token purchases, encourage long-term investing, and develop a strong TVL linked to lock boosting.

Learn more about it in the below section:

šŸŖ™
šŸš€Yield Boosting