Token Utility

$VPT: Hybrid Utility & Governance Token

The $VPT token is the backbone of the Veritas Protocol ecosystem, a revolutionary platform designed to empower innovation and safeguard Web3. $VPT offers a unique blend of utility and governance, granting you the power to shape the future while reaping the benefits of a secure and thriving environment.

• Shape the Future with Governance

Become an active participant in the Veritas Protocol community. By holding $VPT, you gain voting rights on critical decisions that shape the platform's blockchain-based insurace. From risk assessment parameters to claim approvals and platform upgrades, your voice matters.

• Stake & Earn:

Long-term commitment is rewarded! Stake your $VPT tokens to earn passive income. Potential rewards may be derived from a portion of the insurance pool's interest or unclaimed payouts, incentivizing active participation and platform growth.

• Enhanced Voting Power through Token Ageing:

Veritas Protocol values long-term commitment. Introducing the innovative concept of token ageing, the longer you hold $VPT, the greater your voting power becomes. This ensures that those most invested in the platform's success have a stronger voice in shaping its future.

• Be a Hero, Get Rewarded

Uncover vulnerabilities? Become a hero! The Veritas Protocol Bug Bounty program rewards users who discover and report security weaknesses within smart contracts opted-in for insurance.