Reward Acceleration
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Last updated
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VEE token holders can stake their VEE into the Vee.Finance(on HECO) to receive reward acceleration and Vee Finance provides a flexible acceleration mechanism. Namely, the longer or the more users lock for, the higher acceleration rates they get, and they can earn a boost of up to 5x mining rewards.
Here are the steps on how to boost your VEE rewards.
Step 1: Visit the stake page: https://vee.finance/dashboard/stake and stake your VEE tokens. For details on how to stake VEE, click here.
Step 2: Click the rocket icon under the Operation menu, then select your stake expiry and the available number and the lending pool you want to accelerate on the pop-up page.
Step3: The acceleration rate depends on how much and how long your stake and there are 8 strategic acceleration rates for users who have staken VEE tokens.
Step 4: Click the Speed Up button. After the transaction is confirmed, you can view the reward acceleration rate on the stake page.