> For the complete documentation index, see [llms.txt](https://docs.velocemediagroup.com/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.velocemediagroup.com/whitepaper/vext-token/usdvext-utility-token/token-utility/race-clubs.md).

# Race Clubs

## What are Race Clubs?

Race Clubs is a VEXT HODLer destination for earning rewards and additional VEXT perks through the VEXT governance reward mechanism.

{% embed url="<https://drive.google.com/file/d/1yYeBJCJ-AQzYNI-17UbkbUlUYPIUttP6/view?usp=sharing>" %}

## Benefits of Participating in Race Clubs

* Flexible participation options of 3 & 6-month periods;
* 10%, 12.5% and 18% APY governance reward at the end of the participation period;
* Additional physical/digital prize in the middle of a Race Club;
* Advanced governance benefits will be unlocked soon. Stay tuned to our [socials](https://linktr.ee/velocemediagroup).