veNEAR Rewards** are now Live!
New to House of Stake and veNEAR? Visit our Introduction and FAQ page here.
Disclaimer: **Rewards and any annualized equivalents are variable, not guaranteed, and may change based on program parameters and participation. Locking may reduce liquidity.
Today, December 19, 2025, the House of Stake (HoS) is excited to announce the first season of veNEAR Holder Rewards.
This marks the beginning of the first veNEAR rewards period: rewards are now accumulating on all NEAR (or relevant deposited LSTs) locked. veNEAR holders will be able to claim their first rewards in two weeks (Jan 2). A claims page will be available (insert when).
When?
This campaign officially kicks off on Dec 19, 2025, counting for NEAR previously locked and moving forward for the next 3 months.
What?
On November 13, 2025, the HoS voted to implement veNEAR Holder Rewards (HSP-003) to drive increased participation in the initialization phase of the House of Stake.
Reward allocations are calculated based on the total NEAR locked in HoS. Based on current parameters and subject to participation, annualized equivalents may reach approximately ~7.5% for the first month of the campaign. After 1 month, Gauntlet will reassess the effectiveness of the spend and determine a new rewards rate.
For full context and details on the HoS, please visit the homepage and the original proposal.
How?
Rewards will be distributed on a biweekly basis and will be claimable from the main HoS governance interface. The campaign will be live for three months. These rewards, when claimed, will be sent to the lockup contract, and from there can either be withdrawn to an external wallet or added to the existing position.
Rewards do not continuously compound and are calculated only from locked NEAR (NEAR that is producing veNEAR). Rewards for each campaign period are calculated based on the total NEAR locked at the beginning of each period and distributed before the next one begins.
Who?
Help get the word out! House of Stake is designed to be a leading forum for NEAR stakeholders to participate in governance and coordinated decision-making. veNEAR supports and rewards meaningful participation in shaping the protocol’s future. Your participation helps accelerate adoption and strengthens these community-driven processes.
Next Steps:
- Users can lock and stake now!
- Gauntlet will continue to monitor the effectiveness of the campaign and suggest changes as needed to ensure the campaign is optimized appropriately. Updates will be posted monthly to ensure the community is aware of any changes.