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veAlmanak

Staking Mechanics​

Almanak token holders can stake their tokens to receive veAlmanak, which is the staking & voting layer of the Almanak token.

Holders lock Almanak to obtain veAlmanak. veAlmanak is non-transferable voting power.

veAlmanak Utility​

veAlmanak holders can:

  • Direct emissions toward Vaults (algorithmic strategies)
  • Apply TVL multipliers on deposits
  • Receive reduced compute pricing for running the Almanak Agentic AI Swarm
  • Underwrite Vault risk (for Vault Launching / Curation)
  • Vote in DAO governance, including treasury allocation

Purpose​

veAlmanak creates an active market for emissions and compute.

Capital and Vault liquidity are pushed toward the strategies that veAlmanak holders choose.

Different entity classes participate for different reasons:

  • DAOs: Direct emissions to Vaults that exclusively utilize their assets to drive liquidity / volumes for their asset
  • Vault Curators & Funds: Boost and bootstrap AUM of Vaults they manage
  • New Protocols: Bootstrap new assets / new markets by directing emissions to strategies that use their protocol
  • Retail & Independent Quants: Boost emissions on their own deposits without adding more capital

Token accrual​

Protocol revenue comes from:

  • 10% of Vault Curator performance fees
  • Margin on compute used to run Almanak Swarm workloads

Over time, emissions are subsidized by this revenue.

Treasury governance​

veAlmanak holders determine how treasury is allocated across:

  • Emissions to Vaults
  • Emissions to veAlmanak holders/Almanak stakers
  • Protocol operations
  • Buyback

Distribution to stakers is paid in Almanak.

veAlmanak aligns capital, compute and governance into a single programmable incentive layer for AI driven strategy markets.