Staking

Users can stake their esVELA to earn rewards, as well as to gain access to other benefits on the platform. See below to learn more about how staking tokens and the Vela Exchange token economy.

Staking and Vesting options can be found on the Earn page

$VLP

Liquidity provider token that provides holders with rewards and incentives.

$VLP Contract Address: 0xC5b2D9FDa8A82E8DcECD5e9e6e99b78a9188eB05

$VELA

The primary utility token of the Vela Exchange ecosystem.

$VELA can be traded on Arbitrum via Camelot DEX (VELA/WETH), Ramses, Uniswap V3 (VELA/USDC.e) and TraderJoe (VELA/ETH).

$VELA Contract Address: 0x088cd8f5eF3652623c22D48b1605DCfE860Cd704

$esVELA

The vesting 'escrowed' VELA token variant, which is earned from staking $VELA or $esVELA. It can be vested linearly over 6-months and redeemed 1:1 for $VELA.

$esVELA Contract Address: 0x16535D4768ACD2E26dDd7383F0D811Bdcf61A313

$VLP

$VELA and $esVELA