Chart of The Day: Balancer’s veBAL Driving Lockups
Balancer recently launched the veBAL governance system. VeBAL is a unique ve-derivative where instead of locking BAL tokens, holders can lock up LP or Balancer Pool Tokens (BPT) to receive veBAL. More specifically, they need to lock their BPT in the 80BAL/20WETH pool (80% BAL Tokens paired with 20% WETH Tokens).
