Ve(3,3), smarter governance for lending

Colend integrates an innovative ve(3,3) governance model into its ecosystem. This model aligns participant incentives to create a dynamic and efficient environment where everyone benefits.

What is Ve(3,3) ?

Ve(3,3) is a governance and incentive framework that combines long-term alignment with principles of cooperative game theory. It’s designed to encourage user commitment, active participation in governance, and mutual benefit across the ecosystem.

How does Colend integrate it ?

You can lock your CLND to receive xCLND, which represents your voting power. You can then use it to reduce the borrowing cost of a pool. Colend also includes an incentive system that lets you offer bribes to encourage others to vote for a specific pool.

The protocol generates maximum collective value when participants act in alignment, ensuring that every user benefits from their participation.

Participation starts with holding xCLND. Convert your CLND into xCLND to get started.