Trava veTrava Marketplace

Published on: 21.03.2023
Trava veTrava Marketplace

Trava veTrava Marketplace a representative of the users’ voting power in the Trava Finance ecosystem

To fulfill the “decentralized” part of the Trava Decentralized Marketplace, they launched Trava Governance to give users decision-making power. In this case, veTRAVA represents this power in the Trava ecosystem. The voting power will be determined by the time and amount of locked tokens as it shows your commitment toward the future of Trava Finance. As Trava Launches veTrava Marketplace.

Whenever users lock their $TRAVA, $rTRAVA, and TRAVA/BNB liquidity pair in the Trava ecosystem for a specific period, they will receive a certain amount of veTRAVA corresponding to their locked time and amount. The more veTRAVA you own, the higher your voting power in the Trava ecosystem.

The Benefits Of veTRAVA

  • Deciding on crucial parameters such as LTV, risk parameters, etc., in the lending pools (Trava Lending Pool and Users-owned Pools).
  • Receiving share profit coming from the fee charged by borrowers
  • Receiving boosting rewards in rTRAVA by providing liquidity and holding veTRAVA at the same time.
  • Earning TRAVA reward: the APR will be revealed soon.

veTRAVA Marketplace: Overview

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About Trava Finance

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SOURCE: MEDIUM
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