Tokens
Within the Orvex ecosystem, all core tokens are built around ORVX and designed to keep incentives aligned and sustainable. Each plays a specific role in how liquidity, governance and emissions work.
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$ORVX
The primary ERC-20 utility and governance token of Orvex.- Used to incentivise liquidity and support healthy trading conditions
- Can be locked into veORVX to gain governance power and a share of protocol-driven rewards
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$veORVX
The vote-escrowed version of ORVX, issued as an ERC-721 (NFT).- Obtained by locking ORVX for a set period (up to a maximum lock)
- Longer locks = more veORVX and higher voting power
- Holders can earn from fee flows, external incentives and anti-dilution mechanics, as defined in tokenomics
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$oORVX
The emissions token used for flexible reward routing.- Can be redeemed to buy ORVX at a discount
- Can be converted into veORVX via defined routes
- May be redeemable into ORVX–base LP positions, depending on final design
- Aims to reduce direct sell pressure and better align LP incentives with protocol health
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$bveORVX
A non-liquid, boosted governance token used to reward active voters and key participants.- Earned through specific governance or incentive programmes
- Redeemable into veORVX at a favourable rate (for example, 1:1), encouraging consistent participation in voting and long-term alignment
Full supply, distribution and conversion rules for each token will be detailed in the Orvex tokenomics section once finalised.
Learn More
For detailed information on each token:
- ORVX Token — Native protocol token
- veORVX Token — Vote-escrowed governance token with lock multipliers and voting mechanics
- oORVX Token — Emissions token with concrete discount examples and redemption strategies
- bveORVX Token — Boosted governance token for Orvex ecosystem
Related Documentation:
- Emissions — How tokens are distributed through protocol emissions
- Locking ORVX — Strategic guide to creating and managing veORVX positions
- Epochs Explained — Understanding the weekly governance cycle
- Glossary — Canonical definitions of token terminology