Get Voting Power
Overview:
veNFT (vote-escrow NFT) will be the vesting and revenue model of NPTN DAO.
Note: Users can obtain veNFT by staking in NPTN DAO. veNFT is non-transferable and its power linearly depreciates with time. The power is a proof of the user’s governance vote as well as dividend weight.
How to participate
Step 1: Go to [Lock & get veNFT] page
DAO APY: user’s annualized percentage yield will be calculated based on a 7 days cycle.
Your lock-up quantity: accumulated amount of locked $NPTN.
Your power: the sum of the power obtained by user’s total locked $NPTN
Your veNFT: the quantity of veNFT
Step 2: manage your veNFT :
Once created, users can [manage] your cards and [claim] your rewards here.
Details for claiming DAO rewards:
Users will receive rewards of the previous cycle on the last day of the next cycle.
When veNFT expires, users will need to claim the rewards first before unlocking the locked tokens.
Expired veNFT will be destroyed.
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