$veULOAN and Voting Right

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

How to fews options:

1/ stake your nft

2/ stake your eth

3/ Lock $ULOAN

4/ Rent it from someone else

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

1 DAY ==> vote weight = 1:1

1 MONTH ==> 2:1

6 MONTH ⇒ 4:1

1 YEAR ==> 8:1

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