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Understanding veMNE: Lock, Commit, Govern

  • Writer: Monee Token
    Monee Token
  • 1 day ago
  • 1 min read

The vote-escrow mechanism aligns governance weight with long-term commitment. Here’s how it works.

The mechanism

Lock MNE for amplified voting power. No lock: 1.0×. 6 months: 1.5×. 12 months: 2.0×. 24 months: 3.0×. 48 months: 4.0×.

Locked tokens are non-transferable. Removed from liquid supply. Cannot be used as collateral or tokenized. Lock duration enforced at the contract level.

Why it matters

In standard 1-token-1-vote systems, a holder who arrived five minutes ago has the same weight as someone committed for years. For infrastructure governing institutional finance, that’s a systemic risk. veMNE creates a credible signal: I’m here for the long term.

What it doesn’t do

No yield. No staking rewards. No preferential access. The only benefit is governance weight. Adding economic incentives would reintroduce the securities classification risk the entire framework is designed to avoid.

Supply impact

Locked tokens reduce liquid supply without any burn mechanism. As more participants lock, quorum becomes easier to achieve, increasing governance responsiveness during high engagement.

veMNE is available at TGE. Choose your duration carefully. There are no early exits.

 
 
 

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