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esVIB is escrowed VIB. It has the same value as VIB and is subject to the total supply of VIB. esVIB cannot be traded or transferred but has voting rights and can share in protocol earnings. Mining rewards are the primary source of esVIB.
esVIB holders can convert their esVIB to VIB through a vesting process. Once the process is started, esVIB will be linearly converted to VIB over a period of 30 days.