vlRDL & RDL/wFTM Vote Locking

vlRDL & RDL/wFTM Vote Locking

RDL holders may control and direct votes of the veSOLID owned by the Radial Protocol. To do that, they need to vote-lock RDL for a minimum of 16 weeks. The protocol will always direct 10% of the votes for the RDL/wFTM pool while the rest can be determined by vlRDL and RDL/wFTM LP lockers.

Vote locking RDL into vlRDL has the following features:

  • Receive RDL emissions for actively participating in the protocol;

  • vlRDL can direct votes of the underlying veSOLID without any intermediary.

The same goes for RDL/wFTM LPs. They can also vote with their LP tokens. For purposes of voting (and thus, rewards accrued) a vote by 1 vlRDL will be counted as 1 vote. Meanwhile, a vote of 1 LP token of RDL/wFTM which, for example, consists of X RDL tokens and Y wFTM - will be counted as X votes. Again, RDL/wFTM LPs can also vote-lock their tokens and:

  • Receive RDL emissions for actively participating in the protocol;

  • Direct votes of the underlying veSOLID without any intermediary.

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