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Understanding and Using veJUNGL
veJUNGL is the center piece of the DeJungle Exchange. In exchanging for locking their JUNGL, users receive veJUNGL, allowing them to vote for gauges, receiving 100% of the trading fees and 100% of the incentives for the associated pool.
In the future, veJUNGL holders will also be able to partake in governance and cast votes for protocol improvement proposals.
VeJUNGL voters also receive all fees generated from new tokens launched on Jungle bonding curve mechanism weekly.
VeJUNGL Voters Receive
Trading fees generated by the pool(s) they vote for
Incentives deposited for the pool(s) they vote for
Weekly veJUNGL rebase (proportionally to veJUNGL holding)
Bonding curve trading fees (proportionally to veJUNGL holding)
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