💡 Web3 Dictionary: VE-TOKENOMICS (veTokenomics) 🔒🗳️
What is this?
Ve-Tokenomics (veTokenomics) is an economic model of governance tokens, where users can lock (stake) the project's native token (for example, $CRV ) for a fixed period of time (for example, up to 4 years) in exchange for a non-fungible token ve- (vote-escrowed — voting deposited for voting).