esDOP

esDOP is escrowed DOP that has been paid out in protocol rewards. It represents a claim on DOP that can be redeemed over time.

In order to vest esDOP and convert it to DOP over time, a user must hold a relative amount of veDOP. The ratio of veDOP to esDOP holdings determines the rate at which a user’s DOP is released, which ranges between 30 and 180 days.

The thresholds and calculations for esDOP vesting periods are outlined below, under “Calculating the esDOP vesting period”.

DOP is always vested linearly, over the provided time frame. esDOP is non-transferable and cannot be traded.