Rebase

Emission rewards are distributed to veSLNA lockers, with approximately 30% of the supply allocation going to veSLNA. This limited supply is anticipated to substantially reduce selling pressure on SLNA. Additionally, locking a significant percentage of the supply may offer financial advantages through SLNA appreciation for all participants.

Incentives and Reward Distribution

The emission distribution for veSLNA creates more attractive incentives when a smaller percentage of SLNA is locked, yielding higher APR for users who lock SLNA. With 30% of SLNA emissions allocated to veSLNA, the likelihood of achieving an optimal locked supply increases, leading to further emission deceleration and a lower total SLNA supply in the future.

Reward Types and Claiming Process

Users are rewarded for both providing liquidity and holding veSLNA. Liquidity rewards are directly distributed to a user's wallet upon claiming them. Conversely, rewards obtained from holding veSLNA are locked in veNFT, which boosts the user's voting power.