Ellipsis Finance
  • Welcome to Ellipsis Finance
  • Understanding Crypto Pools
  • The EPX Token
    • Understanding $EPX
    • $EPX Tokenomics
    • Locking
    • Incentive Voting
    • Pool Votes
    • Migrating EPS to EPX
  • Liquidity Providers
    • Understanding Ellipsis Pools
    • Base, Meta and Factory Pools
    • Depositing into a Base Pool
    • Depositing into a Metapool
    • Staking for EPX rewards
  • Projects and Protocols
    • Why Would a Project Use Ellipsis?
    • List your token on Ellipsis
  • Guides
    • What is APR and vAPR?
    • Using the Multichain Permissionless Bridge
  • More Information
    • Deployment Links
    • Code Audits
    • Admin Multisig
    • Ellipsis Registry
    • List a Token with the Pool Factory
      • Deploying a Stable Pool
      • Seeding a Stable Pool
      • Deploying a Crypto Pool
      • Seeding a Crypto Pool
      • Pool Incentives and Rewards
      • Pool Assets
  • Links
  • ellipsis.finance
  • Twitter
  • Medium
  • GitHub
  • Telegram CN
  • Telegram EN
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  1. The EPX Token

Locking

Previous$EPX TokenomicsNextIncentive Voting

Last updated 2 years ago

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EPX holders can lock their EPX to receive vlEPX. The longer you lock EPX, the more vlEPX you'll receive. vlEPX allows users on Ellipsis 2.0 to:

  • Vote on incentive distribution between pools;

  • Receive platform fees;

  • Boosting EPX rewards;

  • And nominate new pools for a vote towards receiving EPX rewards.

Some things to note:

  • Users can have multiple locks per account.

  • Lockers do not have to vote. Lockers can claim platform fees even if they do not vote.

  • Ellipsis 2.0 works in a week long epoch, starting at 00:00 Thursday, UTC, every week. This means that every week your lock declines by one week and voting starts anew.

  • Locker rewards are paid out from the previous week's fees. Every Thursday a new balance of fees streams out to users who were locked during that previous week.

Locking EPX

Locks can last from 1 to 52 weeks; longer locks mean more vote weight and a higher share of fees.

Important things to know about locks:

  1. Locks that are less than 52 weeks can be extended to the 52-week maximum.

  2. Expired EPX locks must be claimed before you can withdraw your EPX. Released EPX is then streamed out over a period of 7 days. During those 7 days released EPX can be claimed at any time.

Lock EPX to receive vlEPX