veBAL token
Overview
veBAL (vote-escrowed BAL) is a non-transferable token obtained by locking the Balancer 80/20 BAL/WETH pool token (BPT) — not raw BAL — for a chosen period of up to one year (minimum one week). It grants holders voting rights on liquidity mining reward allocations (gauge votes) and entitles them to a share of protocol fees. veBAL is a core component of Balancer's decentralized governance and incentive alignment.
Within the DeFi Intel graph, veBAL connects to 1 tracked entity, most strongly to Balancer.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Balancer | 95% |
Frequently asked questions
What is veBAL?
veBAL is the vote-escrowed token of Balancer, created by locking the 80/20 BAL/WETH pool token (BPT) for up to one year. It enables participation in Balancer governance and earns a portion of protocol fees.
How does veBAL affect liquidity mining incentives?
veBAL holders vote on which Balancer pools receive BAL liquidity mining rewards, directing emissions to pools based on community preferences.
What is veBAL connected to?
In the DeFi Intel knowledge graph, veBAL is linked to 1 other tracked entity, most strongly to Balancer.
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