bveORVX
$bveORVX is Orvex's voter-incentive token, created to reinforce gauge and pool participation. It is non-liquid and can be redeemed 1:1 for veORVX, giving active voters a direct, cost-efficient way to increase their voting power.
bveORVX rewards in the weekly gauges are powered by oORVX redemptions. A portion of oORVX redemption revenue is used to buy back ORVX, which is then distributed as bveORVX to incentivise ongoing voter engagement.
The exact allocation percentages are defined in the tokenomics specification and may be adjusted through governance.