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Launch of VEO by Lucid Labs: Discounted PEAQ Tokens

Launch of VEO by Lucid Labs: Discounted PEAQ Tokens

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by Giorgi Kostiuk

a day ago


Lucid Labs has announced the start of a Vested Emission Offering (VEO) aimed at creating sustainable liquidity for DeFi protocols. The initiative includes the distribution of $500,000 worth of PEAQ tokens.

Goals and Structure of VEO

The VEO is designed to provide long-term liquidity in the machine economy. During the 10-day campaign, tokens will be distributed through Lucid's platform where community participants can acquire tokens at dynamic discounts of up to 25%.

New Approach to Liquidity in DeFi

The VEO structure addresses the problem of short-lived liquidity incentives in DeFi. The model allows gradual access to tokens, reducing sell pressure and fostering long-term participation.

Decentralization of PEAQ Tokens through VEO

The launch of VEO increases the accessibility of PEAQ tokens and helps decentralize their supply. This initiative supports a more robust foundation for Machine DeFi projects and encourages systematic liquidity inputs.

With the launch of VEO, Lucid Labs establishes a framework for sustainable development of the Machine Economy ecosystem. This initiative highlights the importance of long-term participation in DeFi.

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