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  1. $jmx governance

$JOOCE Locker

Locking $JOOCE provides three main benefits:

  1. Allows you to vote for memecoins in $JMX

  2. Allows you to earn yield on your $JOOCE

  3. Increases your yield when you stake $JMX or LP tokens

The minimum lock period is 2 weeks and the maximum is 1 year. The longer you lock $JOOCE the more amplified your staked position becomes. Amplifying your stake gives you higher yield and more voting power.

Your voting power will decline linearly over time until it equals zero at the end of your lock period.

You can add additional $JOOCE tokens to your lock or increase the time of your lock at anytime. Doing either of these two actions will increase your voting power. To apply your increased voting power to your existing votes you will need to refresh your VP for each meme you have voted on. Refreshing your VP is only available 7 days after your last vote for that memecoin.

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Last updated 3 months ago