🔏 Locking vPoints for $V

The one-time conversion of vPoints into $V created a one-year lock. The conversion has ended, but you can still manage your existing locked $V in the Vote Locker.

Extend an existing $V lock

When you extend your lock, you choose a new remaining duration that is longer than the time currently left, up to 5 years from the extension. It does not automatically reset to 5 years. For example, with 4 years remaining, you can choose 4 years and 10 days, 4 years and 100 days, or 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.

Lock timing during the vPoints conversion

These rules describe the one-year locks created through the original vPoints conversion.

• 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 (Figure 4.13).

Figure 4.13: Lock timing by wallet

The conversion has ended

The one-time conversion of vPoints into locked $V at the TGE has ended, and its vesting page is no longer available. Points from later seasons become $V options: during a season's exercise window, you exercise them for $V at thevault.finance/exercise-tokens.

You can view your locked $V balance and remaining lockup period in the Vote Locker.