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Lucid Labs Launches $500K $PEAQ VEO to Power Machine DeFi
Lucid Labs Launches $500K $PEAQ VEO to Power Machine DeFi
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Lucid Labs has initiated a $500,000 Vested Emission Offering (VEO) for $PEAQ tokens, targeting sustainable liquidity in the Machine Economy’s DeFi ecosystem. The 10-day campaign offers dynamic discounts of up to 25% through a vested distribution model.
The VEO framework employs a 30-day linear vesting schedule to discourage short-term speculation and foster long-term engagement. Proceeds will be channeled into yield-generating liquidity pools via Steer Protocol, bolstering Machine DeFi infrastructure.
This innovative approach addresses DeFi’s liquidity incentive challenges by aligning token holder interests with ecosystem growth. Traditional liquidity mining often attracts transient participants, whereas VEOs promote enduring participation.
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