Ademola Profile picture
Jul 27 5 tweets 3 min read
#0vix gives peace🥱🥱
-You can only relax when know your assets are in save hands.

The reason: 0vix operates on veTokenomics model.
veTokenomics or Vote-escrowed Tokenomics is a model whereby tokens must be locked for a specific amount of time that incentives long-term participation and reduces the available supply on the market. In return, users get veTokens call $vix
The idea is that to have a day in governance or to earn more of the emissions generated by the protocol, you have to commit to locking your tokens over a fixed period of time. Sush a mechanic helps remove tokens from circulating over long time horizon.
The incentive of tokenholders and the long-term success of 0vix protocol are better aligned since whales cannot simply just by a large bag and dump when they like for their profit.
So you can Chillax ☺️☺️☺️

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Ademola

Ademola Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(