Governance: Token holders are entitled to submit and vote on protocol governance proposals.
Protocol Incentivization: Users can earn ApeX tokens through participation rewards and liquidity mining on the ApeX protocol.
Staking: Users can stake ApeX tokens to earn rewards in ApeX tokens.
esAPEX is your staking reward, which can be claimed and credited back to your wallet. You may vest the esAPEX you've claimed, which will be converted to APEX after a vesting period of six (6) months. You may also continue to stake your esAPEX to earn more esAPEX.
veAPEX serves as a unique certificate that proves your staking of APEX or esAPEX. The no. of veAPEX will be reduced when you unstake your APEX or esAPEX. Holders of veAPEX will have voting rights for APEX governance contracts. You'll also earn fee rewards by holding veAPEX.