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Last updated 11 months ago

Value Reference

  • 100 VIRI locked for 3 months = 25 Votes.

  • 100 VIRI locked for 6 months = 50 Votes.

  • 100 VIRI locked for 9 months = 75 Votes.

  • 100 VIRI locked for 12 months = 100 Votes.

Votes encompassing the locked VIRI. To vote for options and reap rewards like trading fees and bribes you require Votes. Its value hinges on metrics such as the amount of locked VIRI, duration of the lock, voteable emissions, price, and other factors.

For additional guidance, here is an explanation of each column in the table:

Column
Description

Create Lock

Create your Set of Votes.

Merge

Combine two distinct Votes by merging the top one into the bottom one.

VIRI Supply Locked

Amount of Locked VIRI / %.

Total Value Locked

worth of your Set of Votes.

Total Voting Power

total vote amount of your Set of Votes at the current time.

ID + Status

  • Votes not casted

  • Votes casted

  • Reset

  • No votes

The Set ID of each Votes + Status.

  • Voted in the previous epoch, votes carried over for now.

  • Voted in the current epoch.

  • Set of Votes is reset and are not able to vote in the current epoch.

  • You has never voted before, vote close to the flip.

Locked Amount

The amount of VIRI locked inside each Set of Votes.

Voting Power

current voting power of each Votes.

Voting For

Visbile Options for which each Set of Votes had voted in the previous epoch.

Expiry Date

The date upon which each Votes expires.

Manage Your Locks

  • Add VIRI Increase the amount of VIRI locked in a Set of Votes to increase voting power.

  • Extend Ensure that your locks don't unintentionally expire by extending their duration regularly, either weekly or monthly, based on your initially selected locking period. This practice will also ensure that your voting power remains at its maximum capacity consistently.

  • Transfer Votes can be transferred between wallets, but you must reset your votes before doing so.

  • Reset Use the Reset Votes button when you need to transfer, merge or withdraw an expired lock.

  • Withdraw This option is only visible for expired locks. Make sure to reset your votes before withdrawing.

If your Set of Votes is expired, you can withdraw your VIRI from it. However, before proceeding, two crucial steps must be completed:

  1. Claim all the rewards associated to the expired Set of Votes. Please perform it proactively before expiration to prevent any issues.

  2. Reset the Votes associated to the expired Set of Votes.