# Announcing Escape Velocity Season 12

By [Blackhole](https://paragraph.com/@blackholedex) · 2026-04-24

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Season 12 is now LIVE and there is **4,000,000 veBLACK** in rebates for participants!

**Rules for Season 12**
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![](https://paragraph.com/editor/callout/information-icon.png)

1.  Total Rebate Rewards Pool: **4,000,000 veBLACK**
    
2.  To qualify you need to lock at least **2000 veBLACK**.
    
3.  Only **Supermassive locks** count and they have to be created **during** the active Season.
    
4.  No wallet can receive more than 10% of the total pool, encouraging wider participation and fair distribution.
    
5.  Rebates will be sent as **Supermassive NFTs airdropped directly to qualifying wallets** at the end of the season.
    
6.  If you transfer a lock between wallets, the rebate goes to the wallet that actually did the locking.
    

You can track everything on the Escape Velocity [Dune Dashboard](https://dune.com/blackhole_foundation/escape-velocity-program) which shows:

*   Total Escape Velocity veBLACK rewards pool
    
*   Amount of $BLACK burned
    
*   Current Rebate Rate
    
*   List of all qualifying wallets with relevant Supermassive veNFTs, amount veBLACK and rebate amount
    

**Season 12 Schedule**
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This season will span **3 weeks** with the following start and end dates:

  

**Duration**

3 weeks

**Start Date**

April 23 12:00 PM UTC

**End Date**

May 14 12:00 PM UTC

  

**Season 11 Recap**
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![](https://storage.googleapis.com/papyrus_images/2308ab559e3b9bc6b1e5e0e4727d5f76f1a56607d12b1976c9a07fa520099b31.png)

Season 11 has ended and together the community burned **32,775,130 BLACK** tokens, achieving a **23% effective rebate rate** across **279** qualifying wallets and **622** qualifying locks. With that level of participation we're continuing with the program!

With Season 11 officially closed season 11 kicks off **NOW** backed by a **4,000,000 veBLACK** rebate rewards pool waiting for those who show up and participate.

Get started with Season 12 today!

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Follow us on Twitter and Discord, engage actively, and let’s make history:

_Twitter:_ [**_https://x.com/BlackholeDEX_**](https://x.com/BlackholeDEX)

_Discord:_ [**_https://discord.gg/blackholedex_**](https://discord.gg/blackholedex)

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*Originally published on [Blackhole](https://paragraph.com/@blackholedex/announcing-escape-velocity-season-12)*