# $veULOAN and Voting Right

**$veULOAN token is the governance token of the NFTuloan platform.**

How to fews options:&#x20;

*1/ stake your nft*&#x20;

*2/ stake your eth*&#x20;

*3/ Lock $ULOAN*&#x20;

*4/ Rent it from someone else*&#x20;

you have a balance of 2000 $ULOAN , and he wants to lock 1000 $ULOAN for a month, he will have a score of 1000 x 2:1 = 2000 $veULOAN. This will be the weight of his vote.

*Ratio value if $ULOAN Locked*&#x20;

*1 DAY ==> vote weight = 1:1*&#x20;

*1 MONTH ==> 2:1*&#x20;

*6 MONTH ⇒ 4:1*&#x20;

*1 YEAR ==> 8:1*

**You can also rent your $veULOAN and receive rewards, this feature works with tiers party.**


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