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Lock YB for veYB

Lock YB for up to 4 years (or infinite) → veYB NFT → governance + gauge direction + fee revenue. Longer lock and more YB locked = more voting power. Infinite lock has no decay; term locks decay linearly to zero at unlock.

Steps

  1. Acquire YB (LP emissions, secondary market, or vesting).

  2. Go to yieldbasis.comLock.

    Locker page showing voting power summary and the Create Lock panel

  3. Choose amount + lock duration. Options:

    • 1 week to 4 years — linear decay of voting power toward zero at unlock.
    • Infinite lock — constant maximum voting power; no decay. Toggleable later if governance-vote allocation is zero.

    Lock YB form: enter amount and pick a 1-month to 4-year duration

  4. Confirm. You receive a veYB NFT representing the lock.

What you gain

  • Voting power on proposals — Aragon-style Ownership and Parameter proposals. See Proposals.
  • Gauge-weight voting — allocate YB emissions across markets via gauge voting. See Vote for Gauges. Your vote determines how much emission each gauge (as a whole) receives.
  • Fee revenue — weekly distribution via FeeDistributor.vy with 4-week smoothing. Fees paid in epoch nn distribute across n+1n+1 to n+4n+4.

Infinite lock trade-off

  • No decay, no unlock ever. You commit the locked YB permanently.
  • Max voting power always. Slope = 0 in VotingEscrow accounting.
  • Transferable under strict merge semantics — to another holder who also has an infinite lock (or a max-duration lock ending in the same week), and only if you currently have zero gauge-vote allocation (checked by the protocol).
  • Cannot be withdrawn back to YB. The YB is permanently committed.