Locking EPX for vote weight.
05 Apr 2022, 16:31
đź“ŤLocking EPX for vote weight
EPX can be locked for periods from 1 to 52 weeks for platform fees, voting on the eligibility of pools to receive incentives and reward rates, and to get boosted rewards for lockers’ liquidity positions.
Locking 1 EPX for one week equals 1 vote weight or vote locked EPX (“vlEPX”; these are not tokens, they represent a quantity of vote weight). If you lock 1 EPX for 52 weeks you get 52 vlEPX.
your vlEPX
-——--------- * fees = your rewards
total vlEPX