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Locking/Unlocking

Locking

  • Initially, DarkNFT is required to lock DCF.
Get DarkNFT to define yourself here.
  • Head over to the Lock screen and select your desired DarkNFT. The higher the level of the DarkNFT you choose, the more veDCF you have.
You could only change or unlock your DarkNFT if no DCF are locked.
  • Next, choose the amount of DCF and a duration you want to lock. The summary will give you the brief look of your veDCF, DCF locked and the unlock time.
  • Then click “Lock” and confirm the transaction. Success! You are now a DCF lockooor, and you will receive an amount of veDCF corresponding to your selected DarkNFT level, DCF and lock duration.
For example: You lock 1,000 DCF with DarkNFT which has a bonus power of 4%, and choose 20 weeks, you will initially receive a veDCF of approximately 190.
  1. 1.
    NFT Boost by DarkNFT level: Level 1 - 2%, Level 2 - 4%, Level 3 - 8%, Level 4 - 12%, Level 5 - 20%.
  2. 2.
    Maximum lock duration is 42 weeks.
  3. 3.
    The locked DCF amount is unlimited.
  4. 4.
    You can increase your lock time whenever you like.
Additionally, you could increase your DCF lock balance with the initial lock period. For example, if you lock for 10 months and then decide to lock an additional amount of DCF, it will also be under the same original lock period. It’s also possible for increasing both lock duration and DCF balance.
5. In case the lock duration is over and you want to change the DCF locked amount and/or change the DarkNFT, you need to unlock your DCF and DarkNFT, then lock again.
6. Your current veDCF is decreasing by time if you don’t take any action to change it (as the remaining time lock is down to 0).
7. Your current veDCF defines your vote on the Vote screen.

Unlocking

When the chosen duration to lock DCF and NFT ends (veDCF then is 0), and you don't want to extend your lock, you can press “Unlock” in the Select DarkNFT box to withdraw your DarkNFT and DCF.
  1. 1.
    Your locked DarkNFT and DCF can’t be withdrawn early.
  2. 2.
    When you unlock DCF and DarkNFT, your vote result will be deducted from the voting pool.
  3. 3.
    You will NOT receive any of your pending rewards when you unlock your DCF & DarkNFT. It will then be sent to the Reserved Fund. Please claim your pending rewards in Stake screen before unlocking your DCF & DarkNFT.
Please claim your pending rewards in Stake screen before unlocking your DCF & DarkNFT.