VOLTSWAP
  • Introduction
  • Key Features
  • Official Links
  • Understanding ve (3,3)
    • Overview
    • Key Stakeholders
    • Ve (3,3) Process
    • Voting Stratgies
  • The VOLT Token
    • Value Accrual to VOLT with ve (3,3)
    • Token Supply and Emissions
    • Pre ve (3,3) VOLT Emissions
      • Volt Emission - Meter Mainnet
        • Previous Cycle Emissions
      • Volt Emission - Theta Mainnet
        • Previous Cycle Emissions
      • Volt Emission - Moonbeam Mainnet
        • Previous Cycle Emissions
  • 中文版文档
  • VOLTSWAP
    • Supported Assets
    • Supported Wallets
    • Meter Passport - Crosschain Bridge
    • Swapping Stable and Volatile Assets
    • Adding Liquidity
    • Staking LP tokens into the gauge
    • Vesting VOLT
    • Voting
    • Bribes
    • Rewards
      • Understanding Fee Revenue from Weekly Voting for veVOLT Holders
      • Understanding Emission Boost from Weekly veVOLT Voting for Liquidity Providers
      • Maximizing Returns through veVOLT Voting
    • Governance
    • Security
  • Tutorials
    • Transfer of Liquidity from Voltswap V1 to Voltswap ve (3,3)
    • Pre-requisites for Voltswap
      • Meter Mainnet
  • Setting up a wallet
    • MetaMask 101
    • Adding Custom Tokens to MetaMask
    • Setting up Networks
  • How to Bridge Funds
    • Meter Mainnet
    • Meter Passport - Operational Statistics
  • Transfer Funds from CEX
    • Meter Mainnet - Withdrawal from Gate.io
    • Meter Mainnet - Withdrawal from KuCoin
  • How to Vest VOLT
  • How to Add Liquidity
  • How to Stake LP token into the Gauge
  • How to Vote
  • How to Create Bribe
  • How to Claim Rewards
  • Understanding APRs
    • Liquidity Providers
    • veVOLT Holders
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  1. VOLTSWAP

Vesting VOLT

Users will be able to vest their VOLT for up to 4 years duration to get veVOLT NFT.

The number of veVOLT per VOLT vested increases linearly until the maximum period of 4 years. The user gets;

  • 1 veVOLT per VOLT (lock duration of 4 years),

  • 0.75 veVOLT per VOLT (lock duration of 3 years),

  • 0.5 veVOLT per VOLT (lock duration of 2 years),

  • 0.25 veVOLT per VOLT (lock duration of 1 years), and so on.

User can manage the veVOLT NFT to;

  • Increase the lock amount - Higher veVOLT Voting Power

  • Increase the lock duration - Higher veVOLT per VOLT locked

  • Merge multiple NFTs - Easier to attach NFT to staking to receive up to 2.5x boost

Note 1: The lock duration can be extended only once per week

Note 2: When a user extends lock duration, the veVOLT distribution is determined by keeping the start duration of the current lock.

Note 3: When multiple NFTs are merged, the duration of merged NFT is the duration of the longest NFT before merge.

When a user merges NFTs for the first time, the user has to undergo 3 approvals;

  1. Allow the veVOLT for merge

  2. Reset any current veVOLT votes on gauges

  3. Merge veVOLT NFTs

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Last updated 2 years ago

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