Max Lock Feature
The Max Lock function is a powerful tool for users with multiple locks who want to optimize their voting power with a single action. Instead of manually extending each lock to 4 years individually, Max Lock does it all at once.
Max Lock Benefits:
- Time Efficiency: Extend all eligible locks in one transaction
- Gas Savings: One transaction instead of multiple
- Power Maximization: Instantly boost all locks to maximum duration
- Strategic Advantage: Quickly respond to governance proposals or incentive changes
Max Lock Process:
- Navigate to the Max Lock option (available when you have multiple locks)
- The system displays all eligible locks:
- Shows only locks with less than 4 years remaining
- Locks already at 4 years are excluded
- Each lock’s current duration and veDXLYN are displayed
- Review the upgrade:
- See how much veDXLYN each lock will gain
- Total veDXLYN increase across all locks
- New uniform unlock date (4 years from now)
4.Confirm the transaction:
- One wallet approval extends all selected locks
- Fees scale with the number of locks being extended
- All locks update simultaneously
- Post-Max Lock State:
- Every lock now has a 4-year duration
- All veDXLYN balances are recalculated and maximized
- Your total voting power increases substantially
- All locks share the same new expiration date
Max Lock Example:
- Lock A: 500 DXLYN, 6 months left (62.5 veDXLYN)
- Lock B: 300 DXLYN, 1 year left (75 veDXLYN)
- Lock C: 700 DXLYN, 2 years left (350 veDXLYN)
- Total before: 487.5 veDXLYN
After Max Lock:
- Lock A: 500 DXLYN, 4 years left (500 veDXLYN) [+437.5]
- Lock B: 300 DXLYN, 4 years left (300 veDXLYN) [+225]
- Lock C: 700 DXLYN, 4 years left (700 veDXLYN) [+350]
- Total after: 1,500 veDXLYN [+1,012.5 or +208% increase]