Drops
  • Drops
    • Introduction
  • Governance
    • DOP - Protocol Governance & Ownership
  • Tokens
    • Overview
    • veDOP
      • Emissions Distribution
    • esDOP
      • esDOP parameters
      • esDOP vesting duration
      • Situational examples
  • Loans
    • Overview
    • NFT Lending Pool
      • Liquidation parameters
      • Liquidations
    • Positions Lending Pool
      • Components
      • Using vault markets
      • APY Calculation
    • Interest rates
    • dTokens
  • Tutorials
    • How to borrow against NFT
    • How to repay NFT loan
    • How to lend and earn yield
    • How to use SweepMax
  • SweepMax - Financing
    • Overview
    • Features
    • How does it work?
  • NFT Price Oracle
    • Overview
    • Verifying Sale
    • Extreme outliers removal
    • Probable outliers removal
    • Floor TWAP
  • Links
    • Audits
    • Smart contracts
    • Risks
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  1. Tokens
  2. esDOP

esDOP vesting duration

The length of the esDOP vesting period is determined by the ratio of veDOP to esDOP in a user’s wallet, at the time of vesting. Once established, esDOP will be distributed as DOP linearly over the allocated time frame.

The minimum eligible esDOP/veDOP ratio of 1 will yield a vesting period of 180 days, while the maximum eligible esDOP/veDOP ratio of 10 or higher will yield a vesting period of 30 days.

The vesting period for a ratio between 1 and 10 will be calculated according to the following formula:

minDuration + (maxDuration - minDuration) / (maxRatio - userRatio) * (maxRatio - minRatio)

  • When vested DOP claimed from the vesting

  • Locking more or claiming veDOP

esDOP vesting period recalculations

In some cases, the esDOP vesting period will be subject to a recalculation. This includes cases where:

  • 0 esDOP tokens added to vest

  • Additional esDOP is added to the vest, while there’s esDOP already vesting.

The esDOP vesting period will not be recalculated when:

  • When vested DOP claimed from the vesting

  • Locking more or claiming veDOP

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Last updated 1 year ago

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