A 2-Year Maximum Lock

Traditional veDEX models often require users to lock tokens for up to four years, effectively removing supply from circulation for extended periods.

Moniswap introduces a more dynamic and efficient approach with a maximum lock of two years (104 epochs), allowing for greater flexibility and optimized rewards within the ve(3,3) system.

With a two-years lock, Moniswap can selectively reward the most active voters and relockers by offering a higher voting APR over time. This design ensures that the most engaged participants—those who frequently vote and relock—are incentivized with better rewards, making governance more efficient.

Since veMONI follows a shorter lock period, max-locked veMONI decays at an accelerated rate, meaning:

• If you don’t relock every week, your voting power and revenue decline by 4% per epoch.

• Conversely, users who actively vote and relock weekly enjoy a higher voting APR compared to those who remain passive.

Long lock periods in traditional ve models often result in minimal voting revenue loss, discouraging active participation. In contrast, Moniswap’s shorter lock time lowers the barrier to entry, making governance more accessible to users and protocols while ensuring that the most engaged participants benefit the most.