Bagels Finance
Strategy 4: Lock BAGEL to get Boardroom dividend
Lock BAGEL into Boardroom to receive veBAGEL and earn the dividends every week. The longer BAGEL of the same value is staked to the Boardroom, the higher the voting weight and dividend yield. The number of veBAGEL held by Boardroom members decays with the length of time they are locked. The longer the lockup, the slower the decay. Read more details:
The APR of veBAGEL is affected by:BAGEL price, number of veBAGEL, platform revenue. Platform revenue is positively correlated with the TVL of leveraged farming.