ConvexFinanceIntegration
  • Convex Finance Integration
  • Booster
  • Rewards
  • CVX and cvxCRV Staking
  • CVX Minting
  • Convex Branding
  • CVX Locking (vlCVX)
  • Side Chain Implemention
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CVX Locking (vlCVX)

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Last updated 3 years ago

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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

  • More information can be found here:

Implementation

An example implementation can be found here:

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.

https://docs.convexfinance.com/convexfinance/general-information/voting-and-gauge-weights
https://github.com/convex-eth/platform/blob/main/contracts/contracts/BasicCvxHolder.sol