CVX Locking (vlCVX)
CVX must be locked as vlCVX to participate in the voting process.

Quick Overview

  • CVX is locked for 16 weeks (plus X number of days until the next Thursday)
  • Weekly epochs begin at Thursday 0:00 UTC
  • Voting power will be 0 after depositing until the next epoch
  • Each deposit/lock is grouped into weekly locks. These locks' unlock time are independent of each other. Voting power is the sum of all non-expired locks
  • Expired locks can still gain platform fees. However can be forcefully kicked (with an incentive to the kicker) if left unclaimed for too long

Implementation

Important: In order for the locking contract to participate in snapshot proposals, the contract must be able delegate to a EOA address or implement EIP1271 in order to sign for voting.
Last modified 27d ago