# veHAEDAL

## What is veHAEDAL?

veHAEDAL is the new staking and governance mechanism of Haedal Protocol, designed to maximize user engagement, boost farming rewards, and align incentives within the Haedal ecosystem.

By locking your HAEDAL tokens into veHAEDAL, you gain access to a powerful suite of utilities and benefits:

* **Staking Rewards:** Earn continuous weekly rewards by locking HAEDAL into veHAEDAL.
* **Reward Boosting:** Amplify your yield in Haedal's farm modules based on your veHAEDAL balance.
* **Governance:** Participate actively in Haedal DAO proposals and voting, helping guide the future of the protocol.
* **More**

## How to Get veHAEDAL

Users can obtain veHAEDAL by locking their HAEDAL tokens for a chosen period ranging from **1 week to 52 weeks**. The longer the lockup period, the higher the initial veHAEDAL amount received.

* **Maximum lockup (52 weeks):** 1 HAEDAL = 1 veHAEDAL at the time of locking.
* **Shorter lockup periods:** veHAEDAL is proportionally scaled based on the length of the lock.

### Decay Logic

veHAEDAL balances **decay linearly over time** as the lockup approaches its end. When the lockup expires, the veHAEDAL balance drops to zero, and users can unlock and retrieve their original HAEDAL tokens.

$$
veHAEDAL(t)=Initial veHAEDAL×(
T-t)/T
$$

### Example Scenarios

#### **Full Lockup Example:**

* A user locks **100 HAEDAL** for the **maximum 52 weeks**.
* The user receives **100 veHAEDAL** initially.
* Over 52 weeks, the veHAEDAL balance decays **linearly** to 0 at the unlock date.

#### **Partial Lockup Example:**

* A user locks **100 HAEDAL** for **26 weeks**.
* The user receives **50 veHAEDAL** initially (since 26 weeks is 50% of 52 weeks).
* The 50 veHAEDAL will decay linearly to 0 over the 26-week period.

This system ensures long-term commitment is rewarded with greater influence and higher incentives, while also offering flexibility for users with shorter-term strategies.

## Why veHAEDAL Matters

veHAEDAL represents more than just staking – it signifies users commitment and influence within the Haedal ecosystem. Whether they're maximizing farming yields, securing governance rights, or positioning themselves for future airdrops and privileges, veHAEDAL is the key to deeper integration with Haedal’s development and expansion.


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