VeDelegate
veDelegate is a delegation service for the vechain B3TR ecosystem, it allows users to stake their tokens to enhance their voting rewards while eliminating the need to engage in weekly manual voting. Here’s how it works:
Staking Tokens: Users deposit their governance tokens into the veDelegate smart contract.
Setting Voting Preferences: Users specify their voting preferences, which guide how veDelegate votes on their behalf in weekly voting rounds.
Enhanced Rewards: By pooling tokens and leveraging collective voting power, users can gain higher rewards for participation compared to individual voting. This is accomplished through multiple methods such as voting rewards calculation optimization and the GM NFT which boosts the voting rewards, veDelegate is dedicated to obtain an as high as possible GM NFT reward booster.
Hands-Free Operation: Once tokens are staked, users do not need to monitor proposals or vote manually, saving time and effort.
The veDelegate system enhances user rewards through strategic, preference-based voting, and the acquisition of reward-boosting NFTs, all while eliminating the need for users to engage in weekly voting activities.
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