What veELTA Is
veELTA is vote-escrowed ELTA:- lock ELTA for a fixed duration
- receive non-transferable voting power
- unlock principal after expiry
Lock Parameters
| Parameter | Value |
|---|---|
| Min lock | 7 days |
| Max lock | 730 days |
| Boost range | 1x to 2x |
Boost Math
Position Management
- create lock
- increase locked amount
- extend lock end time
- unlock after expiry