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xVSO

xVSO is our own twist to the ve (vote escrow) model introduced by Curve, and of Platypus’s vePTP, both of which have seen immense adoption across DeFi.

What is xVSO?

xVSO is a “loyalty” measure and a lever or how much revenue will be directed from the Crew’s Vault to each staker.
xVSO is not a tradeable ERC-20 token, rather a “counter” that the Crew's and Fuel Vaults smart contracts keep track of.
The more VSO tokens you stake in the Crew's Vault and/or the more LP tokens you stake in the Fuel Vault, for longer, the more xVSO you will accrue.

How does xVSO relate to revenue distribution?

When rewards are distributed from the Crew's Vault, a larger share will go to stakers who have more accumulated xVSO.
There is no cap as to how many xVSO you can have, therefore, the longer you remain staked, the larger the share of the total aggregated revenues you will be entitled to. However, once you unstake any amount of VSO from the Crew's Vault, your xVSO counter is reset.
Total revenue distributed collectively to all stakers is independent of the amount of xVSO you have, but the more of it you have, the larger your share of the distributions.

How to get xVSO

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There are 3 ways to get xVSO:
  1. 1.
    Single-side stake VSO in the Crew's Vault;
  2. 2.
    Stake VSO/AVAX LP tokens in the Fuel Vault (accrues xVSO at a higher rate than Crew's Vault);
  3. 3.
    Have VSO staked in the current Stake-and-Lock Pools
Changes to the preference ratio will be made according to what the Head Builders, alongside the community, believe best aligns with the growth of the project via discussions on our Discord and Telegram.