Tokens
Understanding the tokens at the heart of Liquis
Bunni Tokens
Bunni has 3 tokens:
oLIT which is distributed as liquidity mining reward.
LIT which is native token of Bunni. Can be locked for up to 4 years to receive veLIT.
veLIT which is used to boost yields, govern on the Bunni Protocol, and receive protocol fees.
liqLIT (Liquid veLIT)
liqLIT is the liquid governance wrapper for Bunni's veLIT.
You can receive liqLIT in exchange for permanently committing LIT to Liquis.
You can sell liqLIT or use it as collateral without the need for locking your position.
You can earn yield in the form of protocol revenue.
LIQ (Liquis Token)
LIQ is the native asset emitted by the Liquis protocol.
You receive LIQ for staking Bunni tokens with Liquis.
You can lock LIQ for 16 weeks in order to receive vlLIQ.
vlLIQ (Vote Locking Liquis Token)
vlLIQ is the governance token of the Liquis platform.
You can vote on how to allocate Liquis veLIT holdings across Bunni gauges.
You can direct LIQ emissions across Liquis gauges.
You can earn yield in the form of protocol revenue and gauge bribes.
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