Manual Lock
Last updated
Last updated
Creating a Manual veFNX lock Manual locks allows you to vote on which liquidity pools should receive FNX emissions each week (called an epoch). The voting epoch runs from every Thursday 00:00 (UTC+0) until Wednesday 23:00 the following week. In this timeframe, you need to cast your votes and in exchange you will earn all rewards from the pool/s you vote for.
Input FNX amount: Choose the amount of FNX that you would like to lock.
Lock at least $5 to qualify for Blast Gold RISE rewards
Lock at least $100 to to qualify for Blast Gold & veFNX RISE rewards
Choose Lock Duration: You can lock your FNX for up to 6 months. The longer you lock for, the more voting power you will receive. For example, if you lock 1000 FNX for 6 months, you'll receive 1000 veFNX voting power. If you lock 1000 FNX for 3 months, you'll receive 500 veFNX voting power (your lock still contains 1000 FNX but at a lower power).
Consider Voting Power Decay: As time passes your voting power gets lower every week (4% per week). To maintain your lock at maximum power you need to relock every week for the maximum time here: https://www.fenixfinance.io/lock/0.
Consider Permanent lock: Instead of relocking each week, you can maintain your lock at maximum voting power by creating the lock as permanent. This feature can be turned off at any time and your lock will return to a 6 month lock that will decay normally.
Select Approve: This allows the contracts to access your tokens to create the position.
Select Create Lock: Initiate this transaction to create your veFNX lock.
Dashboard: View and manage your lock on the Dashboard: https://www.fenixfinance.io/dashboard
