Lock

The power is in veOCX

Locking plays a pivotal role in the Ocelex ecosystem, representing the most significant action users can take to strengthen their position and demonstrate their support. Users are encouraged to lock their OCX tokens into veOCX for a duration of their choosing. Importantly, the length of the lock directly correlates with increased voting power in veOCX, empowering users with greater influence over the ecosystem's direction.

veOCX Management

Central to the Ocelex model is the management of your veOCX (veNFT) holdings. For both users and protocols, regular visits to the vesting page are essential to adjust ve lock durations, merge, or establish new veOCX positions. The vesting page offers several key functions:

  • Create Lock

  • Manage Lock

  • Increase Lock Amount

  • Extend Lock Duration

  • Merge veOCX Positions

  • Delegate

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