Lockup

Re-Staking Lockup Durations and Multipliers

Much like the staking functionality of Story, Verio offers several lockup options for re-staking on IP assets. Similarly, reward distribution is determined by the multiplier associated with the lockup selected when staking. At the time of writing, the lockup options are as follows:

Name	Duration	Multiplier
Instant	0 days	1.0x
Short	30 days	2.0x
Long	90 days	4.0x

Unstaking With Lockups

Users may still unstake during a lockup period. However, they will be charged a rage quit fee equal to the base unstake fee (0.1% at the time of writing), multiplied by the lockup multiplier.

The unstake fee can be calculated using the following formula:

Where:

• staked_amount is the amount of tokens staked.

• lockup_multiplier is a multiplier based on the lockup period.

• base_unstake_fee_rate is the base percentage fee applied when unstaking.

For example, if a user re-stakes 100 vIP in the Long duration, and unstakes early, they would be charged a 0.4 vIP fee (assuming the current base fee of 0.1%).

$$100 * 4 * 0.001 = 0.4$$