veToken Finance considers itself an improved version of the yield protocol of Convex that targets all ve-model projects through the locking of their veAsset permanently via bond and protocol owned LP (veAsset-Asset LP), while providing regular users boosted revenue and gauge weight bribes. By owning the critical LP veAsset-Asset trading pair, veToken will not need to provide long-term large emission rates of their own token to maintain the veAsset-Asset ratio, while still providing deep liquidity. In the meantime, voting power of the veAsset can delegate the voting power to broader DeFi projects through bribes.
$VE3D (Delegated ve(3,3)) is the governance token for the veToken Platform; it captures the fee revenue that is generated by the system, and incentivizes early depositor and ve model token economics adopters.