🔐Locking

  • The User can lock CVL and get gCVL. Person can claim rewards anytime and many times but the rewards will be locked and vested for 1 year. The gCVL (governance CVL) will be used for DAO voting.

  • For a CVL token lock, there should be a mechanism for issuing gCVL tokens: lock period - the amount of issued tokens

    • 1CVL lock for 3 months = 0.25 gCVL

    • 1CVL lock for 6 months = 0.5 gCVL

    • 1CVL lock for 9 months = 0.75 gCVL

    • 1CVL lock for 1 year = 1.00 gCVL

  • In the “gCVL Amount” field, the value of the amount of issued gCVL tokens should be automatically determined: gCVL Amount = CVL_amount * gCVL_share(by lock period)

  • The fields “CVL Amount“ and “Lock period“ must be filled in.

  • If a repeated lock is created in the selected lock period, in which at the current moment there is already a lock for a certain amount, then the following actions are performed:

    • The countdown of the lock period starts anew from the moment a new lock is created the user receives the amount of gCVL in accordance with the amount

    • The user receives the amount of gCVL in accordance with the amount of CVL and the lock period

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