FAQ About Vee.Finance V2 Mainnet Relaunch
According to the plan, V2 mainnet will be relaunched on Avalanche on October 7th, EDT. Today we are going to address several frequently asked questions from our community, and we will continue to update the list.
1. How will the tokens in V1 be handled after V2 mainnet relaunch?
While V2 is online, the V1 crypto pool will be open for withdrawal and repayment functions. Due to the lack of liquidity and to prevent the liquidation of the user’s assets, we will set the interest rate of deposits and loans to 0%. Since the 0% interest rate will not bring any cost to the borrow users, and the supply users will not get interest accordingly, so V1 suppliers will continue to earn VEE mining rewards, but not the borrowers. This is also the feedback we got from the community.