Voting for Incentives

Voting in CrossCurve is more than just participation in governance; it is an effective tool for generating additional income. Your voting power (veEYWA) becomes a valuable asset capable of producing returns alongside basic staking rewards.

How Voting Generates Income

By locking EYWA tokens, you receive veEYWA—voting power that:

• Grants the right to influence liquidity distribution between pools

• Allows support for projects offering additional rewards

• Creates an additional income stream beyond basic staking

Important: The more veEYWA you hold, the higher the potential earnings from voting. Projects aiming to attract liquidity to their pools offer incentives in various tokens in exchange for your support in voting.

Sources of Income from Voting

1. Direct Incentives from Projects

Different projects compete for your support, offering their tokens as incentives for your votes:

• Additional token payouts occur each epoch

• Opportunity to receive tokens from promising projects. Selling immediately or holding onto them is your choice.

2. Monetizing Voting Power through NFTs

A unique CrossCurve advantage is monetizing your voting power by selling EYWA DAO NFTs:

• Vote Selling: Although the veEYWA tokens themselves cannot be transferred directly, you can sell NFTs containing your voting power on the secondary.

• Pricing: NFT value directly correlates with the amount of veEYWA contained and potential income from voting.

• Liquidity of Locked Assets: Option to sell voting power without waiting for the lock period to end.

Given the limited issuance of veEYWA, their value could increase, enhancing the worth of your voting NFTs and creating a third revenue stream.

Strategies for Maximizing Voting Profits

Monitoring High-Incentive Offers

Track projects offering the largest rewards for voting. Analyze proposals, selecting those providing an optimal balance between:

• Reward size

• Project stability

• Token growth potential

Or delegate this task to professionals via CrossCurve's website interface. (This feature will be available soon)

Combining with NFT Boosters

Strengthen your voting power through EYWA NFTs:

• More veEYWA = more votes = higher rewards

• Legendary or Infinity level NFTs can increase voting returns by up to 2.8x and 3x respectively

Active Management of Voting Assets

Regularly participate in votes to avoid idle veEYWA:

• Unused votes yield no extra profits (delegate or remember to vote yourself)

• Monetize your voting power by selling NFTs when necessary

• Reinvest tokens received from voting into staking to leverage compound interest

Conclusion

Voting in CrossCurve is not merely a bureaucratic function but a tangible opportunity to gain additional income, influence the evolution of DeFi, and actively participate in a growing community.