yAxis Project
  • Introduction
  • Roadmap
    • Era 1
    • Era 2
    • Era 3
    • Era 4
  • Security
  • FAQ
  • yAxis Tokenomics
    • Token Utility
      • Using and Investing YAXIS
      • Providing Liquidity
    • Emission Schedule
  • yAxis DAO
    • Protocol Governance
    • Champions Programme
  • Products
    • Overview
    • v2 – Legacy Service
      • How It Works
      • Profits and Fees
      • How To Use
    • v3 – Canonical Vaults
      • New Features
      • v3 Roadmap
      • How It Differs
    • Strategies
  • External Links
  • Discord
  • Telegram
  • Twitter
  • YouTube
  • Governance Forum
  • RFP Board
Powered by GitBook
On this page

Was this helpful?

  1. yAxis Tokenomics

Token Utility

PreviousFAQNextUsing and Investing YAXIS

Last updated 3 years ago

Was this helpful?

The YAXIS token serves as the governance token of the yAxis DAO and a reward for participants in the ecosystem. Users may earn tokens in three different ways: staking, providing liquidity, and depositing assets into the vault.

Users who submit the YAXIS token into the Governance protocol will gain "voting escrow" or veYAXIS that provides them:

  1. Voting power in the DAO

  2. Voting power in the weekly "tug of war" on bonus vault emissions

  3. Used to determine portion of protocol fees for airdrops or fee sharing

Using and Investing YAXIS
Providing Liquidity
v3 – Canonical Vaults