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Delegating veBoosts
Delegating to a Pledge presents an exciting opportunity for users to increase their revenue on veToken by selling their unused boosting power. You have the flexibility to delegate a portion or all of your available boosting balance to a Pledge.
Here's how it works:
- 1.Review the Pledge: Before proceeding with delegation, carefully review the Pledge details.
- 2.Delegation Percentage: Enter the percentage of your boosting balance that you wish to delegate to the Pledge. As you do so, you'll see an estimation of the rewards you'll receive upon delegation.
- 3.Secure Instant Rewards: Once you delegate, the rewards are instantly secured, as a delegated veBoost balance cannot be canceled. The pledged boosting power will only be returned to your balance at the agreed-upon end date.
- 4.Set the End Date: Choose the date on which you want your delegation to conclude. This can be done after confirming the details of your Pledge.
- 5.Confirm the Transaction: Once you've reviewed and agreed upon the terms, confirm the transaction to initiate the delegation process.
- 6.Enjoy Your Rewards: Sit back and enjoy the additional rewards earned from your delegated veBoost.
Last modified 3mo ago