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veLT Token

veLT is an abbreviation for vote-escrowed LT, which is simply LT that has been locked for a specified period of time. The longer you lock LT, the more veLT you receive. LT lock terms range from 4 to 104 weeks, with 104 weeks acquiring 100% veLT versus your locked LT amount, 52 weeks acquiring 50% veLT, and so on.
Last modified 6mo ago