veKOI Rewards Now Live

veKOI Rewards Now Live

July 2, 2024

Introduction

Great news for the Koi Finance community! We're thrilled to announce a highly anticipated update that all KOI token holders have been waiting for—the launch of veKOI rewards! This new initiative is set to significantly boost the benefits of holding veKOI, giving our users more reasons to be excited about their involvement in our ecosystem.

veKOI Rewards: A Game Changer for Token Holders

veKOI, or Vote Escrow Koi, is our platform's governance token, allowing holders to lock their KOI tokens for a designated period and, in return, gain influential voting rights within our DAO. Today, we're enhancing the value of veKOI by introducing exclusive rewards that go beyond governance. veKOI Holders will now get:

  • Enhanced Farming Rewards: Lock your KOI tokens and receive veKOI to boost your farming rewards by up to 3x. More rewards mean more returns, making your investment work harder for you.

  • Governance Power: Continue to wield your influence effectively. Direct where and how KOI tokens are utilized within farming pools and bond offerings through your votes.

  • Earn More with Every Transaction: The launch of veKOI rewards means that every action you take—whether swapping, trading, or staking—can earn you more. Enjoy platform revenue sharing with payouts in multiple cryptocurrencies.

  • Diverse Daily Payouts: Receive daily payouts in $ZK, $WETH, $KOI, $USDC, $ZORRO, and more. This diverse range of token rewards ensures that you benefit from various aspects of the ZkSync market, enhancing your portfolio's resilience and growth potential.

Special Highlight: Earn $ZK Tokens!

With the recent Token Generation Event (TGE) for $ZK, veKOI holders now have a fantastic opportunity to earn $ZK tokens as part of their daily rewards. 

Why This Is Great News

The introduction of veKOI rewards is not just an enhancement of benefits—it's a transformative update that aligns with our goal of maximizing the value our community gains from participating in Koi Finance. By increasing the rewards for holding veKOI, we're ensuring that our most dedicated users are recognized and rewarded for their trust and investment in our platform.

Conclusion

This update marks a significant milestone for Koi Finance and our committed community. The new veKOI rewards system is designed to enrich your DeFi experience, ensuring that every interaction with our platform is more rewarding. We invite all our users to take full advantage of the enhanced benefits that veKOI now offers.

Thank you for your continued support and enthusiasm. Stay engaged, keep participating, and let's continue to grow and succeed together in the dynamic world of DeFi!