Vessel Voyage — Great Sails Ahead
Ahoy, Voyagers! Welcome aboard to Vessel!
We’re thrilled to introduce you Vessel Voyage — our first incentive program on Vessel’s mainnet designed to reward our users actively shaping the future of DeFi.
- 🙋♂️New to Vessel? Start by securing your invitation code and setting up your account here:Create a new account on Vessel
- 👨💻Testnet users? Jump straight into your Vessel Voyage at Vessel Voyage
Let’s get started!
Quest 1: 💧Liquidity Providing
🔹 Provide liquidity through VAELOB: Dive into our innovative VAELOB (Verifiable AMM-Embedded Limit Order Book) and earn Vessel Mileage for effectively managing liquidity near the target price. As a VAELOB liquidity provider, you’ll capture fees from both AMM and orderbook trades. *Plus, you earn a 16% bonus from your invitees’ earnings. More on this in Quest 2.
🔹 Market making through Vessel API: Engage in API trading? Accumulate Vessel Mileage by maintaining active buy and sell orders within the reward price range. For eligibility during snapshots, both buy&sell orders must be active. Learn more about our API at
Reward Spread Ratio Details:
- 📏The closer you put your liquidity around the current price, the more mileage you collect. Please refer to https://vesselfinance.gitbook.io/vessel/vessel-voyage（Note: Actual reward ranges may vary based on dynamic market conditions. Stay updated with our community announcements.）
- 📸We will take random snapshots of the orderbook every 5 minutes to distribute rewards for the effective liquidity that lies within the reward spread.
- 💰The more liquidity you provide within the spread, the greater your rewards.
Advanced Tips for Maximizing Rewards
- 🧠Strategic Liquidity Placement: Be smart and aim to position your liquidity strategically close to the current price to maximize earning potential! For those who can predict market movements accurately might even consider setting a narrower range to concentrate their capital more effectively within the rewarded zone.
- ⚠️Although it takes Zero-gas to change your position range, you should always notice that there are risks of impermanent loss if you change the position when the price fluctuates.
- ⚠️For API users, significant market price fluctuations can impact whether your orders qualify at the time of each snapshot. If the market price fluctuates significantly and your orders are either executed or fall outside the price range at the time of the snapshot, you will not receive Vessel Mileage during this period.
⭐️Extra Credits
🐳Navigator Boost: High performers on our leaderboard, based on total Vessel Mileage earned in the last 24 hours, will receive a boost.
Total Vessel Mileage = Mileage from liquidity provided + Bonus Mileage collected from referees
*This boost will effect on the Mileage earned for each snapshot taken during the boost.
Here are the boost levels covering the top 100 users on the leaderboard
Navigator Boost
Rank 1–10: 2.5x
Rank 11–20: 2x
Rank 21–50: 1.5x
Rank 51–100: 1.2x
Rank 100+: 1x
🌊Pool Boost: Certain pools may offer additional boosts based on market conditions and promotional strategies. Choose your pools wisely to take advantage of higher rewards.
Quest 2: Referrals
📨Unlock Your Exclusive Referral Code
Start with:
- Making a minimum deposit of $5.
- Following@VesselFinance on X.
With the code, you can now start inviting friends to join Vessel under your name.
Rewards for referrals
🪙Referral Coins: Each new user you bring who meets the basic deposit requirement ($5) will earn you Referral Coins. These are related to your referral rewards.
🚤Bonus Mileage: You will also earn an additional 16% in Vessel Mileage for each referral’s Mileage earned. You will not miss out if you are friends with the whales!
Referral Rank Boosts
The number of your referrals will give you an extra boost to the rewards.
Referral Rank
Level 1: Unlocking unique referral code, 100 referral coins / person.
Level 2: Invite 5 users, 118 referral coins / person.
Level 3: Invite 10 users, 140 referral coins / person.
Level 4: Invite 15 users, 167 referral coins / person.
Level 5: Invite 20 users, 200 referral coins / person.
About Vessel
Vessel is a ZK-Powered Decentralized Exchange that is gradually evolving into a comprehensive Layer 3 network for DeFi. Vessel seamlessly integrates the efficiency of a CEX orderbook with the transparency and security of DEX. Under the mantra “Secure, Speedy, and Self-Custody,” Vessel is dedicated to providing superior services in spot trading, perpetual trading, and in other innovative derivatives.
Vessel’s mission
Vessel’s mission is to transform cryptocurrency trading into a secure and seamless journey, prioritizing transparency, accessibility, and efficiency. Vessel champions the principles of self-custody and decentralization.
It’s time to embark on the Vessel Voyage! If you have any questions or run into any issues along the way, feel free to join our Discord community and send a ticket. Happy sailing!
