🎯 veBLACK Holders Claim $275K in Weekly Rewards
🎯 veBLACK Holders Claim $275K in Weekly Rewards
💰 Quarter Million Claimed
Epoch 28 Distribution Complete
veBLACK holders received $275,000 in rewards for epoch 28, with earnings automatically distributed to wallets just for holding and voting.
Season 8 Now Active
- Live until February 19th with 7M veBLACK in rewards
- Requires supermassive locks worth 2,000+ veBLACK
- Season 7 participants already received their 8M veBLACK distribution
Key Metrics
- Over 21.5M $BLACK burned in Season 7
- Current effective rebate rate: 34%
- Protocol generated $2.05M+ in fees over last 8 epochs
- Average weekly fees: $256.1K
All protocol revenue flows directly to veBLACK holders weekly through voting rewards and fee distribution.
Season 7 of Escape Velocity ends at 12:00 PM UTC TODAY Over 21.5M $BLACK has been burned so far with a current effective rebate rate of 34%
Create a veNFT --> vote weekly --> get rewarded weekly Earn protocol fees based on your lock duration through veBLACK
In the last 8 epochs Blackhole has generated over $2.05M in fees with an average of $256.1K per week All protocol revenue goes straight to veBLACK holders - every week
14,000,000+ $BLACK has been burned since Escape Velocity Season 7 started 🔥
Check out $SUPER rewards by @SuperVerse on Blackhole $19,500+ in incentives have been added to the $SUPER / $BLACK pool for epoch 28 ending later today
In epoch 27 veBLACK holders received over $320,000 in rewards How do you think Epoch 28 will fare?
Season 8 of Escape Velocity is LIVE until February 19th with 7,000,000 veBLACK in rewards To qualify: - Lock during the active season - Create a supermassive lock worth 2,000 veBLACK or more Rewards get airdropped to your wallet at the end of the season 🪂
All 8,000,000 veBLACK has been distributed to participants of Season 7 Escape Velocity Check your wallets, get your votes ready
This epoch has over $275,000 in rewards, all for veBLACK holders Just 5 hours left to vote
$275,000 in rewards went out to veBLACK holders in epoch 28 Voters earn every week just by holding veBLACK in their wallets
$22,000+ in rewards have been added to the $SUPER / $BLACK basic liquidity pool for epoch 27 Vote for @SuperVerse and earn ⚡️
Escape Velocity season 7 is still live for one more week! Create supermassive locks worth 2,000 veBLACK or more —> get airdropped at the end of the season Rebates are currently sitting at 57%
BlackholeDEX Launches Escape Velocity Season 8
BlackholeDEX has announced **Escape Velocity Season 8**, continuing their seasonal program for the DeFi community. **Key Details:** - New season follows the recent Season 7 launch from mid-January - Program appears to be part of BlackholeDEX's ongoing engagement initiatives - Full details available in their official announcement The rapid succession of seasons (7 and 8 launching within two weeks) suggests an accelerated rollout schedule for the platform's incentive programs. [Read the full announcement](https://paragraph.com/@blackholedex/announcing-escape-velocity-season-8)
🎯 veBLACK Holders Receive $35M Distribution on Avalanche
**Major Distribution Event** A significant $35 million allocation is being distributed exclusively to veBLACK token holders on the Avalanche network. **Recent Reward Activity** - Epoch 28 saw $275,000 in rewards distributed to veBLACK holders - Weekly earnings are automatically credited to holders' wallets - No active voting required - passive holding generates rewards **Key Details** The distribution represents a substantial reward mechanism for veBLACK token holders, with the entire allocation confined to the Avalanche blockchain ecosystem. This follows a consistent pattern of weekly reward distributions to the community.
🗳️ veBLACK Holders Face Deadline for $275K Rewards
**Epoch 28 Voting Closes Soon** Blackhole's current voting epoch offers over **$275,000 in rewards** exclusively for veBLACK token holders, with just 5 hours remaining to cast votes. **Recent Incentive Additions:** - $SUPER/$BLACK pool: $19,500+ from SuperVerse - Top liquidity pools ($BTC.b/$WAVAX, $ID/$WAVAX, $WAVAX/$BLACK): $13,000+ - Additional pools ($WAVAX/$MOANI, $BLACK/$KET): $5,000+ **Context:** - Epoch 27 distributed over $320,000 to veBLACK holders - Epoch 26 reached $360,000 in rewards - Consistent high-value reward distribution across recent epochs The voting mechanism allows veBLACK holders to direct liquidity incentives across various trading pairs while earning passive income from their governance participation. *Vote before the epoch ends to claim your share of rewards.*
veBLACK Introduces Weekly Voting Rewards Based on Lock Duration
**veBLACK** has launched a new rewards mechanism for token holders: - **Create a veNFT** to participate in the protocol's governance system - **Vote weekly** on protocol decisions and reward distributions - **Earn protocol fees** proportional to your token lock duration The system builds on veBLACK's existing model where users lock $BLACK tokens to obtain veBLACK voting power. Previous epochs have distributed significant rewards, with over **$530,000** allocated to veBLACK holders in epoch 20. The weekly cadence allows participants to actively engage with protocol governance while earning consistent returns. Longer lock periods result in higher fee distributions, incentivizing long-term commitment to the protocol. This vote-escrowed model aligns token holder interests with protocol growth by tying rewards directly to participation and lock duration.