🛸Vision

Relay's mission

The Issue

VeTokens (aka vote-escrowed tokens), renowned for their role in decentralized governance, often posed a challenge due to their illiquidity. However, Relay is set to change that narrative by introducing a seamless Over-The-Counter (OTC) trading solution.

Bridging the Liquidity Gap

Relay addresses a critical pain point in the world of veTokens. Sellers of veTokens, which are typically locked in escrow for governance purposes, can now instantly access liquidity.

This breakthrough allows veToken holders to unlock the intrinsic value of their assets without the hassle of waiting for lockup periods to expire. Immediate liquidity opens up a world of possibilities for sellers who may require funds for various purposes.

Amplifying Voting Power

For buyers, Relay offers a unique opportunity to acquire veTokens at below-market prices. This means that they can amass more voting power within decentralized governance structures at a cost-efficient rate.

As buyers gain access to these assets at favorable rates, the overall distribution of voting power becomes more decentralized and inclusive.

Fostering Confidence and Liquidity

Relay's impact transcends the immediate benefits it offers to individual users. By enabling the OTC trading of veTokens, Relay actively contributes to boosting confidence in this asset class.

The ability to access liquidity on-demand not only encourages more users to participate in veToken governance but also attracts additional liquidity to the market.

Overall Benefits for DeFi

The newfound liquidity and confidence brought about by Relay's innovative approach have the potential to create a virtuous cycle. Increased participation and liquidity, in turn, reinforce the value and significance of veTokens within decentralized ecosystems, attracting more participants and resources.