VEE Token Economics
VEE, the native token of Vee Finance, was by nature designed to achieve full decentralization. The VEE token is an ERC20, Ethereum based token, which serves as the connector of the Vee Finance protocol.
It is used for Liquidity Mining and Governance.
Liquidity Mining: Miners will be qualified for a portion of the newly minded VEE if they contribute capital to the protocol. Time and value are the two keys in the VEE distribution calculation. The number of newly mined VEE will follow a profit allocation curve.
Governance: With strong belief in decentralized governance, they designed a governance framework. This framework ensures a prosperous, secure, and healthy community.
Community voting would include, but not limited to:
- New tokens supported as collateral
- Highest leverage on each token
- Partnerships with new DEXes
VEE Finance token key metrics
Token name: Vee Finance
Blockchain: Avalanche C-chain
Token standard: ARC-20
Max supply: 10,000,000,000
VEE TOKEN ALLOCATION
VEE token total supply is 10,000,000,000 tokens.
VEE Token Sale Rounds
VEE Token Emission Schedule
Liquidity Mining on AVAX occupied 15% of total supply. Excluding Reserve, Liquidity Mining is occupying the largest supply range of the Vee Finance. This can be explained that with the role of lending platform, Vee liquidity pool should be grand enough to make users feel safe.
TEAM & Partners
Tejas Shinge (CEO) - Linkedin
He has 9 years of experience in Risk Analysis & Marketing / Modeling in Financial Services. Previously worked as a senior partner and CEO for financial companies.
Grant Reistad (CMO) - Linkedin
He has experience in Marketing Management, worked as a data analyst and given business strategy for large corporations.
Jason Huang (CTO) - Linkedin
He holds the position of CEO & CTO of Modu Tech company, gets experience in software development, administration, and database analysis.
Avalanche - https://www.avax.network/
Avalanche is an open, programmable smart contract platform for decentralized applications.
Pangolin - https://pangolin.exchange/
A community-driven decentralized exchange for Avalanche and Ethereum assets with fast settlement, low transaction fees, and a democratic distribution-powered by Avalanche.
HurricaneSwap - https://hurricaneswap.com/#/
Chainlink - https://chain.link/
Chainlink decentralized oracle networks provide tamper-proof inputs, outputs, and computations to support advanced smart contracts on any blockchain.
KUU finance - https://kuu.finance/
The protocol keep the Avalanche DeFi ecosystem safe by capturing on-chain liquidation and arbitrage opportunities.
In a nutshell, there are some highlights of Vee Finance project that you should mind:
- Lending platform supported by Avalanche Bridge
- Reputable investors and partners
- User-friendly and promising to be expanded
Vee Finance should be considered as a promising blockchain-based project. We hope this article could support the investors to get more deep-dive information before making investment decisions