Staking
Users can stake their VELA, esVELA, and VLP to earn additional rewards, as well as to gain access to other benefits on the platform. See below to learn more about how staking tokens and the Vela Exchange token economy.
$VLP
Liquidity provider token that provides holders and stakers with rewards and incentives.
$VLP Contract Address: 0xC5b2D9FDa8A82E8DcECD5e9e6e99b78a9188eB05
$VELA
The primary utility token of the Vela Exchange ecosystem.
$VELA can be traded on Arbitrum via Camelot DEX (VELA/WETH), Ramses (VELA/ETH), Uniswap V3 (VELA/USDC.e) and TraderJoe (VELA/ETH).
$VELA Contract Address: 0x088cd8f5eF3652623c22D48b1605DCfE860Cd704
$esVELA
The vesting 'escrowed' VELA token variant, which is earned from staking $VELA or $esVELA. It can be vested linearly over 12-months and redeemed 1:1 for $VELA.
$esVELA Contract Address: 0x16535D4768ACD2E26dDd7383F0D811Bdcf61A313
page$VLPpage$VELA and $esVELALast updated
