Externality-Labs Docs
  • What is Sortes?
    • Introduction to Sortes
    • The Centralisation Problem
    • People Owns Sortes
    • System Design
  • 🪙Tokenomic
    • Overview
    • Token Utility
      • Demand
      • Supply
    • EXP to Token Conversion
    • Token Allocation
    • Governance
  • ⚒️Sortes Product
    • Lottery as a Service
  • Public Good Fund
    • Donation
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  1. Tokenomic

Governance

We use SORTES token to govern our platform.

veSORTES(name under changed) is the vested SORTES which converts to voting rights and could share the protocol revenue. SORTES holders could choose to vest their SORTES to get veSORTES weighted by the time they lock. By locking the longest 4 year period, they could get the best rates of 1:1 to veSORTES, where conversion rate between SORTES and veSORTES are lower if the time locked is shorter.

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Last updated 3 months ago

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