# SCOMP, veSCOMP & staking pool

### SCOMP token overwiew

SCOMP is the native governance token of Stablecomp and has a limited supply of 200.000.000 tokens. Holders can stake (lock) SCOMP in the staking pool to generate veSCOMP, the voting escrow token, which is not exchangeable with other crypto-assets, but unlocks benefits and rights on the platform:

* Boost staking rewards in FARM&#x20;
* Earn a share of Fee redistribution
* Vote in the DAO
* More to come…&#x20;

**Locking SCOMP in the staking pool**\
\
In order to stake their SCOMPs to obtain veSCOMP, the user must decide two things: the number of SCOMP tokens to be locked and the length of time for which the tokens will be locked. \
There is no limit on the amount of SCOMPs that can be locked, but the maximum locking period is 2 years. \
\
The distribution of veSCOMP follows a linear model very similar to that of Curve Finance: one SCOMP token locked for 2 years produces 1 veSCOMP.\
A user cannot do multiple locks. He can only extend the period of the first lock or increase the number of tokens that are part of it.\
\
As the number of blocked SCOMPs increases and the lock period increases, the quality of staker benefits and rights increases at the same time.<br>

###


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