Your voting power and earnings potential is dependent on the amount of veSTELLA you hold.
The more STELLA you lock, the more veSTELLA (Voting Power) you’ll get
The longer you lock, the more veSTELLA you’ll get
Vote
Actively vote on the most productive pools to maximize your earnings. As you’ll earn directly from the pools that you voted. There's two ways to vote:
Vote with 100% of your voting power to one pool
Or split your voting power across many pools
Voting will occur every 7 days (Epoch)
Earn
At the end of the voting period, voters will achieve the following:
Direct STELLA rewards towards pools they have voted for
Earn swap fee for the pool they have voted for
Functions
There are several functions for managing your lock.
You can increase your voting power by Increasing Lock, simply by locking more STELLA into your existing locks. This would be useful if you're looking to focus on your existing locks instead of creating new locks.
You can extend your existing lock duration with the Extend function, if your existing locks are not maxed (2Y). This applies to locks that have a Lock duration of between 1W - 1Yr.
Simply select the Lock duration for you're keen on extending.
You can Merge your existing locks into a single Lock, with the unified Lock inheriting the higher of the previous 2 Lock duration. For example, assuming you're merging 2 locks;
Lock #1: 6M Lock duration
Lock #2: 1Yr Lock duration
Your new, merged Lock will have a Lock duration of 1Yr.
You can split your existing Lock into two, whereby your two new Locks will inherit the same Lock duration. For example, if your existing Lock has a duration of 1Yr, both Locks (after splitting) will inherit a 1yr Lock duration.
You can transfer your lock to another wallet address.
Simply add the recipient address you're hoping to transfer your Lock to in the field.
WARNING: Transferring your lock will mean you're relinquishing the ownership, rights & earnings of your Lock to the recipient.
You can break your Lock to withdraw your locked STELLA. This means you're relinquishing your voting power and destroying your Lock.
WARNING: Early withdrawal of your Lock will incur a 50% penalty, which will be burned.
Additional Earnings: Bribes
Extra incentive can be earned from bribes. Platforms or any user can bribe veSTELLA holders for their votes towards a specific pool.
