veBAO Locking Metrics Show Significant Growth Post-Airdrop

🔥 veBAO Numbers Go Brrr

By Wrapped Finance
Jun 23, 2025, 3:57 PM
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The veBAO ecosystem has seen substantial growth following the recent airdrop campaign:

  • veBAO holdings increased from 102M to 243M (141M increase in one month)
  • Locked BAO jumped from 220M to 423M
  • Currently 64% of circulating BaoV2 (660M) is locked

Key upcoming events:

  • Zhenglong IDO eligibility snapshot completed June 15
  • Private Sale opening soon for veBAO holders
  • Public IDO scheduled later this month

Benefits for veBAO holders:

  • Access to discounted $STEAM
  • Continuous $STEAM airdrops
  • Share of Zhenglong protocol revenue
  • Governance rights in both ecosystems
Sources

veBAO is heating up 🔥 When our airdrop campaign started, we had 102M veBAO. After the second claim: 243M veBAO. That’s 141M more veBAO in just one month. Bao locked went from 220M ➝ 423M. Out of 660M circulating BaoV2, that’s a huge shift in alignment. What happens when

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