🔏Locking Vault Points for $V

This page contains a brief guide on how users can lock their Vault points to receive locked $V

After exchanging your vPoints for $V, the tokens you receive will be locked for one year. After that period, you’ll have the option to extend the lock for up to 5 years.

Keep in mind that when extending the lock, you must lock all tokens held in that wallet. If you want to retain some liquidity after the first year, consider splitting your tokens across multiple wallets—one for locking long-term, and one for keeping tokens unlocked after the first year.

Do not send vPoints to centralized exchanges (e.g., Binance). They will not be able to process your claim.

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How token locking works:

• The lockup period is recalculated from the moment of your most recent lock transaction. For example, if you lock half of your tokens today and the other half in a week, the 1-year lock will reset from the moment of the second lock transaction, effectively extending your overall lockup.

• If you lock tokens and later decide to extend your lockup (e.g., to 5 years), you cannot add more tokens to that same lock, because the original 1-year lock period is shorter than your new lock duration.

• To add more tokens under these conditions, you’ll need to use another wallet and create a new lock account.

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How to Convert Your Points into Vested $V

1. Go to https://thevault.finance/vest-tokens and click “Connect Wallet.”

2. After connecting, choose the number of points you want to burn for locked $V.

3. Click “Claim” and confirm the transaction in your wallet.

4. That’s it! You can view your locked $V balance and remaining lockup period here: https://tribeca.so/gov/vault/locker.