Frequently asked questions.
Frequently asked questions.
Frequently asked questions.
Frequently asked questions.
Frequently asked questions. Frequently asked questions. Frequently asked questions. Frequently asked questions.
for business
Why should my business consider the veBRZ staking mechanism?
The veBRZ staking mechanism allows businesses to generate additional yield on their BRZ holdings, derived from various DeFi strategies. It provides an opportunity to maximize returns while managing risks. Additionally, if your business manages customer's funds, stBRZ might be a great tool for them to save in BRZ and get real yields.
How can we integrate with veBRZ?
Businesses can integrate with veBRZ either through API or directly via smart contracts. Additionally, a management console or dashboard is available for easier monitoring and control. API integration will take advantage of our key management while direct smart contract integration would enable the customer to manage his keys.
We run a crypto exchange in Brazil. How can veBRZ benefit us?
Crypto exchanges can leverage veBRZ to offer enhanced staking and yield opportunities to their users. By converting Brazilian fiat to BRZ and subsequently staking to earn rewards, exchanges can provide an added value proposition to their customers decreasing their need to off-ramp to fiat every time they are market neutral.
Is there a minimum amount required to stake for businesses?
No, there isn't a predefined minimum. However, for optimal yield and benefits, we recommend discussing with our team for a tailored staking solution.
Can we access our funds instantly?
While stBRZ provides liquidity, veBRZ represents a time-locked stake. Once locked, the tokens remain so until the agreed-upon period ends.
for individuals
How does veBRZ differ from other staking mechanisms?
veBRZ is more than just a staking token. It offers a combination of staking benefits with returns derived from DeFi strategies. Furthermore, it allows users to gain a share in the treasury's profit and loss, providing compounded growth over time.
How can I get started with veBRZ staking?
Begin by staking your BRZ tokens. You'll receive stBRZ in return. Choose a lock period and convert your stBRZ to veBRZ. Remember, the longer you lock, the more veBRZ you receive.
What happens to my staked BRZ?
Your staked BRZ (represented by stBRZ) is used by the treasury to engage in various DeFi strategies, aiming to maximize return. The profits (or losses) from these strategies affect the value of veBRZ.
Can I trade or sell my veBRZ?
No, veBRZ is not tradable. It represents a time-locked stake in the treasury's PnL. Once the lock period ends, veBRZ is converted back to stBRZ, which then becomes liquid.
Is my investment safe?
While DeFi strategies are chosen with risk management in mind, all investments carry inherent risks. We always recommend only staking what you can afford and understanding the DeFi landscape.
Can foreigners participate in veBRZ staking?
Yes, veBRZ staking is open to both Brazilians and foreigners looking for yield in Brazilian denominated currency.