Thread by @0vixProtocol

1/ Can you smell what #0VIX is cooking on @0xPolygon? Maintaining a sustainable ecosystem is a challenging task. But with Vote Escrow tokens on Polygon, it becomes super easy. But let us explain the advantages of Vote Escrow…

2/ The VE token design aims to give future yield to early adopters while continuously incentivizing engagement. The main goal of veTokenomics is to offer added value to users and make sure capital sticks to the protocol so people don’t jump ship after any early gains.

3/ Users will be able to get VE tokens by locking their $VIX. The amount of corresponding veVIX will scale with the lock-up period. In addition, veVIX tokens will decay over time as you get closer to the unlock date of your $VIX.

4/ 0VIX is the first veTokenomics lending market with dynamic interest rates on #Polygon. We are super pumped to explore the potential outcomes and flywheel effects of this together with you, fellow #degens on Polygon!

5/ Vote Escrow is a lot like pizza. When you’re early it’s good, but when you’re late – it’s still good! At the end of the day, it’ll be up to the community to decide how much better it can get.

Join our Discord, become a beta tester & get a $VIX airdrop: discord.gg/G7E2gdETZb