VXDEFI
vXDEFI
vXDEFI
VXDEFI
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About vXDEFI
vXDEFI is a token within the XDEFI Wallet ecosystem, issued to users who stake their XDEFI tokens. It enables holders to earn staking rewards and participate in governance decisions, reflecting their stake in the platform's development.
vXDEFI is a transferable and fungible token associated with the XDEFI Wallet ecosystem. It is issued to users who stake their XDEFI tokens, with a 1:1 ratio—each staked XDEFI token yields one vXDEFI token. This token represents the staker's proportional ownership of the staking vault, which accumulates rewards in XDEFI tokens from fees collected by the XDEFI platform.
vXDEFI serves multiple functions within the XDEFI Wallet ecosystem:
Staking Rewards: By holding vXDEFI, users earn a share of the rewards generated from the staking vault, which are derived from fees collected by the XDEFI platform.
Governance Participation: vXDEFI holders can participate in governance decisions by voting on community proposals via platforms like Snapshot, influencing the development and direction of the XDEFI ecosystem.
