Escape Velocity Season 1 Final Hours: 39% Rebate Rate

**BLACK Protocol celebrates three months live** with impressive growth metrics across key areas. **Key achievements include:** - 9,650+ veBLACK holders participating in the ecosystem - 94M+ $BLACK tokens locked since launch - $16.5B in cumulative trading volume processed - $12.9M+ generated in cumulative swap fees - $24.2M+ distributed as rewards to token lockers The protocol has shown consistent growth since its **Season 1 Escape Velocity** program, which distributed 6M veBLACK to eligible users and saw 17.7M $BLACK locked or burned across 1,000+ wallets. *This milestone represents solid foundation building* as the team positions for continued expansion in the DeFi space.

**BlackHole DEX Season 2 Complete** Escape Velocity Season 2 rewards have been distributed to eligible participants. Wallets that locked more than 2,000 $BLACK tokens received **61% rebates** in veBLACK tokens. **Season 3 Already Live** - New season underway with 6 million veBLACK in rewards - Only 20 days remaining to participate - Same mechanics: lock $BLACK to earn veBLACK rebates The program continues BlackHole DEX's incentive structure for token holders who commit to locking their $BLACK tokens for extended periods. [Learn more about Season 3](https://paragraph.com/@blackholedex/escape-velocity-season-3-launch)

**$BLAZE token is now live** and trading exclusively on the Blackhole exchange platform. The launch marks another addition to Blackhole's growing token offerings, following the recent addition of Tron ($TRX) in September. - **Exclusive availability** on Blackhole platform only - Joins other supported tokens like $TRX - Trading is now active for users This exclusive launch continues Blackhole's strategy of hosting new token debuts on their exchange.

**KelpDAO expands to Avalanche** with wrsETH now live on the network, bringing liquid restaking to Avalanche's DeFi ecosystem. **Key integrations include:** - Blackhole DEX with dedicated wrsETH liquidity pools - Euler Finance offering wrsETH lending markets - K3 Capital curated lending cluster **Current reward opportunities:** - Kernel Points for participation - AVAX network rewards - Black rewards from Blackhole DEX Users can now **borrow WETH using wrsETH as collateral** on Euler Finance and participate in concentrated liquidity pools on Blackhole DEX. The expansion leverages **Avalanche's speed and low transaction costs** for more efficient restaking operations beyond Ethereum and Layer 2 networks. Users can mint or bridge rsETH natively on Avalanche through the Kelp dApp and immediately start earning rewards across integrated platforms.

**Voting rewards have reached over $2.1 million** for a single epoch, marking a significant milestone in the platform's reward distribution. This represents continued growth from the previous $2M milestone reached in epoch 3 back in August. **Key highlights:** - Single epoch rewards now exceed $2.1M - Substantial increase from earlier epochs - Rewards distributed to active voters The question remains whether participants are properly positioned to capture these rewards through the voting mechanism.