MORE can be staked to generate veMORE. veMORE is neither transferable nor tradable due to the design of the smart contract, i.e. they are locked in your private wallet.
1 staked MORE generates 0.014 veMORE every hour. The maximum veMORE held from a deposit is 100 times the MORE staked. In other words, it takes about 10 months to reach the veMORE cap.
You can always stake more MORE to earn more veMORE. You can withdraw your MORE at any time, however, your accumulated veMORE will drop to 0 as part of the transaction.
With veMORE you can boost your yields on iMONEY, and soon on LPs as well.
*Note that you need to claim your veMORE to boost your yields