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TokenomicsToken Locking & veDXLYNToken Locking & veDXLYN

Token Locking & veDXLYN

Introduction to Vote-Escrowed DXLYN

veDXLYN (vote-escrowed DXLYN) is the governance token of the Dexlyn platform. By locking your DXLYN tokens for a specified duration, you receive veDXLYN, which grants you:

  • Voting power to direct emission rewards toward pools
  • Eligibility for rebase rewards distributed weekly
  • Governance participation rights in protocol decisions
  • Boosted rewards on your liquidity positions

The longer you lock your tokens, the more veDXLYN you receive, creating an incentive for long-term commitment to the protocol.