Locking
TENET can be locked to produce veTENET.
veTENET makes you eligible for a number of benefits and gives you voting power over governance and reward gauges.
The longer you lock TENET for, the more veTENET you receive.
The minimum amount of time to lock TENET for veTENET is 2 weeks with a maximum of 2 years.
The following table shows how much veTENET is received for the duration of the lock:
| Duration | Tenet | veTENET |
|---|---|---|
| 2 weeks | 100 | 1.92 |
| 1 month | 100 | 4.17 |
| 3 months | 100 | 12.5 |
| 6 months | 100 | 25 |
| 1 year | 100 | 50 |
| 2 years | 100 | 100 |
Note that veTENET is not a liquid token that can be transferred between addresses.