veDUST Mechanics & Governance Participation Incentives
Last updated
Last updated
veDUST is issued when users lock DUST tokens, granting greater voting power for longer lock durations and enabling participation in governance over how protocol-generated revenue is allocated among ecosystem incentives.
Formula for veDUST calculation:
veDUST = DUST Locked x (Lock Duration / Max Lock Duration)
Longer locks = More veDUST and increased governance influence over incentive allocation
veDUST decays over time, ensuring governance influence remains tied to active participation.
To maintain a prominent level of influence, users are encouraged to regularly extend their lock and stay engaged in protocol governance.
To maintain influence, users must re-lock DUST before expiration.
Voting power linearly decreases over time.
Every deposit, withdrawal, or lock-time update records new user data.
Expiration times are rounded to whole weeks to minimize unnecessary transactions.
