Setora Labs | Synthetic Dollar using Solana
  • Overview
    • Welcome to Setora Labs
    • USS vs eUSS
    • Problems We Solve
      • Stablecoins are Important
      • Centralized Stablecoins Sucks
      • DeFi Alternatives to Centralized Stablecoins
      • Why Synthetic Derivative-Backed Dollar?
      • Why Solana?
    • Founding Team
    • 100% Mottos
  • Documents
    • How USS and eUSS Work
      • Delta-Neutrality
      • [eUSS] Underlying Derivatives: Perpetual Contracts
      • Hedging Mechanism
    • Let's Talk Yield
      • Yield Explanation
      • Historical Yield
    • Liquidity and Scalability
      • Staked SOL Markets
      • [eUSS Only] SOL Perpetual Market
    • Backtesting Our Model
    • Development Roadmap
  • Risk Management
    • Risks
      • Collateral Risk
      • Exchange Failure Risk
      • Custodial Risk
      • [eUSS Only] Funding Rate Risk
    • Audits
  • Tokenomics
    • $TORA
    • $veTORA
  • Instruction
    • Get Started
    • How to Mint / Redeem USS, eUSS
  • Resources
    • FAQ
    • Important Links
    • Contract Addresses
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  1. Tokenomics

$veTORA

Previous$TORANextGet Started

Last updated 10 months ago

$veTORA is vested-equity $TORA, locked and can only be linearly vested into $TORA over a 365-day period. The 8,000,000 $veTORA will have 2 main uses:

  • USS and eUSS users incenties: 2,000,000

  • Team allocation incentives: 3,000,000.

  • Used as locked equity for long-term investors including VCs, Crowdfunding...: 3,000,000