TechFlow news — Decentralized trading protocol Balancer has announced the official launch of veBAL. BAL holders can now lock their BAL into veBAL, and 75% of all fees generated by the protocol will be proportionally distributed to veBAL holders. It is expected that many protocols and products built on Curve’s ve system will also launch on top of veBAL.
Ve (Vote Escrow) is a mechanism that involves locking tokens for a period of time. The ve model adjusts user incentives and focuses on the protocol's long-term performance.




