$VELVET is the native governance and utility token of Velvet Capital, an AI-enabled, multi-chain on-chain trading and portfolio ecosystem.
Key features:
Governance through veVELVET: Users can lock VELVET to receive veVELVET, which is used for governance participation in the Velvet DAO.
Protocol-revenue participation: veVELVET holders may be eligible for protocol-revenue sharing mechanisms, subject to the platform’s rules and token-locking terms.
Fee benefits: Locking or using VELVET can provide fee-related benefits within the Velvet ecosystem, depending on the applicable product and program.
Ecosystem utility: It supports incentives across Velvet’s trading terminal, AI tools, on-chain vaults, and white-label infrastructure.
Long-term incentive design: The vote-escrow model is intended to align governance influence and rewards with longer lock periods.
Separate AI-fee token: Velvet also uses VU for certain AI co-pilot and agent-based actions; VU is distinct from VELVET and is used for AI inference fees.
Velvet’s platform emphasizes self-custody, AI-assisted research, social/wallet intelligence, and multi-chain execution. Token utility and rewards can change with governance proposals, product updates, and market conditions, so review the current official documentation before participating.
Key features:
Governance through veVELVET: Users can lock VELVET to receive veVELVET, which is used for governance participation in the Velvet DAO.
Protocol-revenue participation: veVELVET holders may be eligible for protocol-revenue sharing mechanisms, subject to the platform’s rules and token-locking terms.
Fee benefits: Locking or using VELVET can provide fee-related benefits within the Velvet ecosystem, depending on the applicable product and program.
Ecosystem utility: It supports incentives across Velvet’s trading terminal, AI tools, on-chain vaults, and white-label infrastructure.
Long-term incentive design: The vote-escrow model is intended to align governance influence and rewards with longer lock periods.
Separate AI-fee token: Velvet also uses VU for certain AI co-pilot and agent-based actions; VU is distinct from VELVET and is used for AI inference fees.
Velvet’s platform emphasizes self-custody, AI-assisted research, social/wallet intelligence, and multi-chain execution. Token utility and rewards can change with governance proposals, product updates, and market conditions, so review the current official documentation before participating.