⚑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 Ratio,30%

maxRatio%

Maximium unlock Penalty Ratio,50%

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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