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Staking Lockup

The values and parameters on this page are preliminary and subject to change before launch.

The veMSIG balance is not static—it decays linearly over time as the lock approaches expiration. This section explains how decay works, how to extend a lock, and the rules governing staking.

How Decay Works

When MSIG tokens are locked, veMSIG is received in proportion to the selected lock duration. As time passes and the remaining lock period shortens, the veMSIG balance decreases accordingly.

Decay Example

When 10,000 MSIG are locked for 24 months, 10,000 veMSIG are received initially. Over time:

Time Remaining
veMSIG Balance
Calculation

24 months (start)

10,000

10,000 x (24/24)

18 months

7,500

10,000 x (18/24)

12 months

5,000

10,000 x (12/24)

6 months

2,500

10,000 x (6/24)

1 month

417

10,000 x (1/24)

Expiration

0

Lock expired

As veMSIG decays, the share of staking rewards and voting power associated with that position also declines. This ensures that influence reflects current commitment rather than only the initial stake.

Extending the Lock

At any time before a lock expires, the lock duration can be extended to reset the veMSIG balance to the maximum.

This makes it possible to:

  • Restore the full multiplier without waiting for expiration

  • Maintain maximum voting power continuously

  • Keep earning rewards at the preferred rate

Lock Duration Requirements

Tokens can be locked for any period between 1 month (minimum) and 24 months (maximum). Any whole number of months within this range is considered a valid lock duration.

Rule
Details

Minimum lock

1 month

Maximum lock

24 months

Lock increments

Any whole number of months between 1-24

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