The Vault
The Vault is a veToken vault inspired by veCRV by Curve Finance. Here are the key features and functionalit
Key Features
Locking Mechanism: Allows users to lock their tokens for a predefined period to earn rewards.
Voting Power: Provides users with voting power proportional to their locked tokens.
Rewards Distribution: Distributes rewards to users based on their participation.
How to Use The Vault 1. Locking Your Tokens
Purpose: Lock your tokens in The Vault to earn rewards and gain voting power.
How to Use:
Decide how many tokens you want to lock.
Choose how long you want to lock them up for.
Sit back, relax, and watch the magic happen.
Example:
Imagine you're locking your tokens in a treasure chest for 3 months.
- You say, "Lock 1000 tokens!"
- The chest closes for 3 months.
- Meanwhile you earn rewards regularly
- After a year, you open the chest and see shiny rewards.
2. Unlocking Your Tokens
The time's up! Time to unlock your tokens.
Select unlock to burn veGMBee tokens and get your deposited GMB back.
How to Use:
Purpose: Unlock your tokens after the locking period is over.
Example:
You’ve waited patiently for 365 days. Now, you can say, "Unlock my 10000 tokens!"
- The chest opens, and your tokens are free.
3. Claiming Your Rewards
Purpose: Claim the rewards you have earned while your tokens were locked.
How to Use:
It’s reward time! Goodies get distributed directly to you. No action required.
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