xSHADOW
Escrowed SHADOW "xSHADOW"
Last updated
Escrowed SHADOW "xSHADOW"
Last updated
What is xSHADOW? xSHADOW is a novel x(3,3) implementation developed by the SHADOW team to address the sustainability challenge associated with earlier ve(3,3) models. xSHADOW is a non-transferable representation of 1 unit of SHADOW held in voting escrow within the xSHADOW token smart contract. Only holders of xSHADOW have voting rights on SHADOW. While xSHADOW itself is non-transferable, it provides users with several exit options, each with unique attributes and vesting periods.
Holders of xSHADOW receive a multitude of benefits in the SHADOW ecosystem, such as:
Voting on gauge emissions
Voting on pools to earn Vote Bribes, and Swap Fees
Dilution protection and loyalty rewards in the form of player vs. player (PvP) rebases