Cruize v2
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Vote Escrowed CRUIZE

Overview

The governance model will be similar to CRV where you can lock up CRUIZE for up to 2 years to receive veCRUIZE and get boosted rewards and voting rights.
  • Locked for 6 months - 0.25 veCRUIZE per locked CRUIZE (example - 500 CRUIZE locked for 6 months gives 125 veCRUIZE)
  • Locked for 12 months - 0.5 veCRUIZE per locked CRUIZE (example - 500 CRUIZE locked for 12 months gives 250 veCRUIZE)
  • Locked for 18 months - 0.75 veCRUIZE per locked CRUIZE (example - 500 CRUIZE locked for 18 months gives 375 veCRUIZE)
  • Locked for 24 months - 1 veCRUIZE per locked CRUIZE (example - 500 CRUIZE locked for 24 months gives 500 veCRUIZE)

Incentives for veCRUIZE Holders

  • 50% of the protocol revenue
  • 30% of the minted CRUIZE
  • 2,500 veCRUIZE = Voting rights
  • 5,000 veCRUIZE = Proposal rights

Voting Parameters

  • Whitelisting assets - setting qualitative and quantitative parameters for auditing and whitelisting assets
  • Custom price floors - Add flexibility to your hedge by choosing a custom price floor that suits your risk management needs
  • Compensation - DAO contributor compensation parameters, payout currencies, treasury diversification management
  • Markets integrations - auditing and choosing the protocols to integrate with and the markets created for hedged derivatives