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  1. PRODUCTS

veTP

Stake TP, Earn TP, and much more!

PreviousYield FarmingNextWhat is veTP?

Last updated 8 months ago

veTP stands for vote-escrowed TP. veTP tokens serve a crucial role in Trading Post's governance, enabling you to actively participate in Trading Post's governance proposals and Gauges voting system. This allows you to vote on broader governance proposals and influence the allocation of TP emissions within liquidity pools.

Gauges Voting empowers veTP holders to shape the distribution of TP emissions across essential products like Farms. By leveraging veTP, users directly influence how TP emissions are allocated within each pool, impacting specific liquidity pools and projects. The more veTP a pool accumulates through Gauge Voting, the higher the TP emissions allocated, leading to increased rewards for liquidity providers (LPs) during the subsequent 14-day epochs.

Lock TP for any duration from 1 week to 4 years to get veTP. Your veTP amount is based on the number of your locked TP and the duration you locked them for.

Here are the guides for how to get veTP, by creating a new position.

What is veTP?
How to get veTP?