🕳️ Blackhole Protocol Distributes $530K+ to veBLACK Holders After Epoch 20 Voting
🕳️ Blackhole Protocol Distributes $530K+ to veBLACK Holders After Epoch 20 Voting
🕳️ $530K Blackhole Payout
Blackhole Protocol has completed epoch 20 voting, distributing over $530,000 in rewards to veBLACK holders.
How it works:
- Lock $BLACK tokens to obtain veBLACK
- Use veBLACK to vote for liquidity pool rewards
- Receive weekly distributions based on voting participation
Recent incentives added include $13,000 across multiple pools:
- $WETH.e / $KIGU
- $SUPER / $BLACK
- $BTC.b / $USDt
The protocol operates on a weekly voting cycle, with epochs ending every Wednesday at 11:00 PM UTC. Previous epochs have seen substantial rewards, with epoch 18 distributing $740,000+ to voters.
Escape Velocity Season 5 remains active with rebate programs for users creating supermassive veNFTs worth 2,000+ veBLACK.
Voting for the next epoch is now open at blackhole.xyz/vote.
$170,000 in rewards have been added to some of the top liquidity pools on Blackhole Voting ends every Wednesday 11:00 PM UTC
In just 2 weeks over 11.8M $BLACK has been burned and is now eligible for rebates from our Escape Velocity Season 4 Rebates get airdropped to your account at the end of the season after November 20th More voting power --> more rewards
Epoch 17 ends in 6 hours at 6 PM EST with $880,000 in rewards for veBLACK holders Get your votes casted 🛎️
Escape Velocity Season 4 saw over 25 million $BLACK burned in just 3 weeks between 842 eligible wallets All veNFTs have been distributed 🪂 Enjoy the higher voting power 🔒
Epoch 16 ends in just 30 minutes with over $900,000 in rewards to veBLACK holders Get your votes casted 👇
$185,000+ in voting incentives are now available for the $SUPER / $BLACK liquidity pool @SuperVerse continues to reward veBLACK holders
In just 7 days 6.6M+ $BLACK has been burned and qualifies for season 4 of our Escape Velocity rebate program Rebates build on top of currently owned veBLACK giving you higher voting power 🤝
Lock $BLACK --> obtain veBLACK --> vote for rewards $530,000+ goes to veBLACK holders after voting ends for epoch 20
veBLACK holders this week are voting for $880,000+ in rewards on Blackhole Just one hour left to confirm those votes ⏰
This epoch is ending with $740,000+ in rewards for veBLACK holders Only one hour left to get votes in ⏰
$135,000+ in incentives have been added to some of the top liquidity pools on Blackhole for epoch 17 All rewards go to veNFT holders that vote before the epoch flip tomorrow at 11:00 PM UTC
Season 3 Escape Velocity rebates have been distributed Rebates --> higher voting power --> more rewards
Over 14,000,000 $BLACK has been burned for season 4 of Escape Velocity Just 4 days left to take part in this season of veBLACK rebates
$ARTERY by @Artery_Chain is live exclusively on Blackhole Trading, depositing, and staking is now available for $USDC / $ARTERY
$99,000+ in incentives are now available to vote for in the $SUPER / $BLACK liquidity pool @SuperVerse continues to reward veBLACK holders
$40,000+ in incentives have been added to the $USDC / $ARTERY liquidity pool by @Artery_Chain Start getting votes in for Epoch 18
20 epochs $22B+ cumulative volume $31.8M+ voters revenue $16.7M+ swap fees 9,700+ veNFT holders Welcome to Blackhole 🕳️
Here’s your epoch 18 breakdown 👇 - $650M+ in volume - $750k+ in rewards for voters - $390k+ in trading fees
There is now over 600M total voting power through supermassive veNFTs on Blackhole 🕳️ This means 540M+ $BLACK burned from total supply and passive rewards for those veNFT holders forever.
In the last 4 seasons of Escape Velocity we saw over 80.8M veBLACK get created by users Season 5 is live with just over 10 days left to burn $BLACK and take part in our rebate program
$119,000+ in voting rewards have been added to the $SUPER / $BLACK pair for epoch 17 Get those votes in for @SuperVerse
Voting for epoch 18 ends in just 6 hours with $740k+ in rewards for veBLACK holders
VAPR on Blackhole has remained higher compared to other ve33 protocols across the ecosystem To take part in earning protocol rewards go to blackhole.xyz/locks —> Create lock —> Vote for rewards
$ARTERY is live and @Artery_Chain has added $40,000+ in incentives for epoch 16 Voting rewards for $USDC / $ARTERY got juicier ⚡️
Market conditions won't stop us from building Epoch 16 resulted in $900,000+ in rewards to veBLACK holders
Escape Velocity Season 4 ends in just 8 hours The current effective rebate rate is 30%+
With Escape Velocity users earn bonus veBLACK in rebates by creating supermassive NFT worth 2,000 veBLACK or more Additional veBLACK --> higher voting power --> greater rewards 4 hours left to qualify for this season 🕐
The Blackhole Foundation completed a 2.58M+ (~$132,000) $BLACK buyback this epoch These funds will be used to support ecosystem initiatives in the future 🕳️
Time to start the week off by looking at pools to vote for $30,000+ in incentives have been added to these token pairs on Blackhole for Epoch 20 Voting ends every week on Wednesdays 11:00 PM UTC 🕚
At current prices burning just $105 worth of $BLACK makes you eligible for rebates The season ends in 5 days 🕳️
Just like that - we've completed our 20th epoch This week saw $640M+ in trading volume and $550K+ in rewards for veBLACK holders
Blackhole Launches Multi-Chain Bridge for Direct Wallet Deposits
**Blackhole** has made cross-chain bridging accessible to everyone with their new multi-chain bridge feature. **Key Features:** - Bridge tokens from multiple blockchain networks - Direct deposits to any specific wallet address - Streamlined process: Bridge → Deposit → Earn The platform recently upgraded their bridging infrastructure, allowing users to **send tokens to different addresses** on destination chains. This enhancement makes asset transfers more flexible and user-friendly. **How it works:** 1. Visit the bridge interface 2. Select source and destination chains 3. Specify target wallet address 4. Complete the transfer The service aims to simplify cross-chain transactions for both newcomers and experienced users. [Access the bridge](https://blackhole.xyz/bridge)
🦃 Turkey Floats Into Blackhole
Turkey made an unexpected journey into the blackhole today on Thanksgiving. The timing coincides with the holiday celebration, creating an unusual cosmic event. - Turkey's gravitational encounter occurred during traditional feast day - Blackhole activity noted on November 27th - Holiday greetings extended despite the astronomical occurrence This marks another instance of turkey-related space phenomena during the holiday season.
Blackhole Foundation Completes $132K Token Buyback for Ecosystem Development
The **Blackhole Foundation** executed a significant buyback of over **2.58 million $BLACK tokens**, valued at approximately **$132,000**. The purchased tokens will be allocated to support various **ecosystem initiatives** moving forward, demonstrating the foundation's commitment to strengthening the Blackhole ecosystem. This buyback follows the foundation's previous token management activities, including a **20 million $BLACK token burn** earlier this year for future Escape Velocity Seasons. The foundation continues its strategy of **aggregating and burning tokens** to support community members and ecosystem participants.
6.6M $BLACK Burned in 7 Days Qualifies for Season 4 Escape Velocity Rebates
**Major Token Burn Activity** Blackhole protocol saw **6.6M+ $BLACK tokens burned** in just one week, with all burns qualifying for Season 4 of the Escape Velocity rebate program. **Key Benefits:** - Rebates stack on top of existing veBLACK holdings - **Higher voting power** for participants - Enhanced rewards through the ve33 flywheel mechanism **Recent Context:** - Season 3 previously saw 11.1M $BLACK burned over 14 days - Weekly voting rewards consistently exceed $900K for veBLACK holders - Multiple liquidity pools receiving substantial incentives ranging from $15K to $185K **How It Works:** Users who burn $BLACK tokens receive veBLACK, which provides voting rights on liquidity pool incentives. The rebate program amplifies this by giving additional veBLACK to qualifying participants. [Vote for rewards](https://www.blackhole.xyz/vote) | [Create locks](https://www.blackhole.xyz/locks)