veGOOSE Liquidity Minting & Rewards Mechanism

Total Supply and Allocation

The total supply of $GOOSE is 21B, of which 15% is allocated to Liquidity Incentives. Among these, $veGOOSE Liquidity Mining accounts for 30% of total Liquidity Incentives, with a dedicated reward pool of 945M $veGOOSE.

$veGOOSE Release Rules: Decaying Emission + Front-Loaded Rewards

  • Emissions halve every 12 months.

  • In the first year, 50% (472.5M $veGOOSE) will be released.

  • Early $veGOOSE liquidity miners enjoy a larger share of rewards.

$veGOOSE Liquidity Mining Reward Mechanism

  • Diamond Egg Boost: Each Diamond Egg NFT can grant up to 20,000 $veGOOSE a 5Γ— power boost.

  • Outstanding Pending Rebase Pool: When users choose Instant Convert, 25% of the $veGOOSE will flow into the Outstanding Pending Rebase Pool, which distributes rewards to all $veGOOSE liquidity miners every 30 days.

$veGOOSE Burn Mechanism

  • When users choose Instant Convert, 25% of the $veGOOSE and an equal amount of $GOOSE will be permanently burned.

How to Participate in $veGOOSE Liquidity Mining

  1. Visit the Goose Garden - Stake page: https://www.goose.farm/farming/vegoose

  2. Enter the amount of $veGOOSE you want to subscribe to and click the "Subscribe" button.

  3. To redeem, click the β€œRedeem” button, enter the amount, and confirm.

Genesis $veGOOSE is not eligible for $veGOOSE Liquidity Mining.

  • If you hold any Genesis $veGOOSE, convert all of it into $GOOSE first.

  • Then, convert your $GOOSE back into $veGOOSE to start Liquidity Mining.

Example: If you have 1,000 Genesis $veGOOSE, convert it into 1,000 $GOOSE, then reconvert that 1,000 $GOOSE into $veGOOSE to begin mining.

Notes

  • Each Diamond Egg NFT can provide a 5Γ— boost for up to 20,000 $veGOOSE.

  • Subscribe and Redeem are instant and real-time.

  • All $veGOOSE Liquidity Mining actions and $veGOOSE↔$GOOSE conversions occur on Cycle Network.

Last updated