β‘Penalty Fee
There is a penalty fee for early unlocks of staked $APX in DAO.
Penalty Fee=unlockAmount* max(30%,min(50%,lock_duration_left /4 years* 100%))
unlockAmount | Amount of APX unlocked in advance |
minRatio% | Minimum unlock Penalty RatioοΌ30% |
maxRatio% | Maximium unlock Penalty RatioοΌ50% |
lock_duration_left | Remaining unlock time, accurate to the second |
The penalty fees collected will be transferred to the DAO reward pool address and distributed to users who have locked $APX in that current cycle;
Please note that users cannot unlock only a portion of tokens from veNFT. Activating the unlock function will unlock all tokens.
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