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  • 👋Intro to Pickle Finance
  • Where does Pickle Finance operate?
  • What types of Jars does Pickle have?
  • Risks of Yield Farming
  • Contributing to Pickle Finance
  • 🍯 Pickle Jars
  • Intro to Pickle Jars
  • Current Jar Strategies
    • Ethereum Network Jars
    • Polygon Network Jars
    • Arbitrum Network Jars
  • Fees
  • The Jar APY - The Math Behind Compounding
  • 🚜Farms
  • Introduction
  • Farm Weights
  • Farm APR Explained
  • Jars and Farms Walkthrough
  • Security
    • Audits and Timelock
      • Smart Contract Audits
      • Timelocks & Multisig
  • PICKLE Token
    • How to get $PICKLE
    • Tokenomics and Emission Schedule
    • Uses of $PICKLE
  • 🥒$DILL
    • What is $DILL?
    • Benefits of $DILL
    • $DILL and Governance
  • 🌽$CORN
    • What is $CORN?
  • 🙋FAQs
  • Main FAQ
  • Appendix C - Previous Docs
    • Old Docs
      • Pickle Jar Strategies
      • Navigating Pickle Jars & Pickle Farms
      • What are Pickle Jars?
      • Fees
      • Security
      • Emission Schedule
      • General
      • PICKLE/ETH Farm
      • Lock PICKLEs for DILL
        • Deposit into Pickle Jars
        • Farm Weight Voting
      • Farm with your pTokens
      • Farm Weights
      • Boosted Rewards
      • What are Pickle Farms?
      • pJar 0.99
      • pJar 0.88 (Inactive)
      • pJar 0.69 (Inactive)
      • pJar 0.00
      • Pickle Jar Strategies
      • What are Pickle Jars?
      • Revenue Sharing
      • DILL Governance
      • DILL Vote Locking
      • How to Get PICKLEs
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  • What is Vote Locking? What is DILL?
  • Transferability & Decay of DILL
  • Decaying DILL Balance

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  1. Appendix C - Previous Docs
  2. Old Docs

DILL Vote Locking

Understand what locking PICKLEs for DILL is all about

PreviousDILL GovernanceNextHow to Get PICKLEs

Last updated 3 years ago

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What is Vote Locking? What is DILL?

Vote-locking is a modified form of governance staking. Governance voters lock their governance tokers to participate in voting. This prevents governance attacks and aligns incentives between voters and long-term holders.

PICKLE is the governance token of Pickle Finance. You can vote-lock your PICKLEs for DILL in order to:

  1. Participate in (1 vote = 1 DILL), including Snapshot voting and on-chain governance.

  2. PICKLE farm weight voting rights, DILL holders get to vote on the farm gauges for PICKLE emissions.

  3. Receive up to 2.5x in PICKLE rewards.

  4. Receive 45% of the protocol's , distributed weekly in market-bought PICKLEs

DILL represents your balance of PICKLEs that have been vote-locked, weighed for the time remaining in the lock. The longer the time remaining in the lock, the more DILL you will have for the same amount of locked PICKLEs:

PICKLE x LOCKED DURATION

NUMBER OF DILL

1 PICKLE x 1 week

0.0048 DILL (approx.)

1 PICKLE x 1 year

0.25 DILL

1 PICKLE x 2 years

0.50 DILL

1 PICKLE x 3 years

0.75 DILL

1 PICKLE x 4 years

1.00 DILL

See for a guide on interacting with DILL on the UI.

Transferability & Decay of DILL

With DILL, the following things are NOT possible:

  • Decreasing your lock time

  • Decreasing the amount of PICKLEs locked

  • Transferring your DILL balance to another wallet

Once a DILL lock is created, the lock will continue until expiry and cannot be transferred or undone in any way. Creating, extending, and increasing locks are irreversible actions.

Decaying DILL Balance

Your DILL balance decreases linearly over time. Your PICKLE tokens do not decay. All funds are safu. Towards the end of your lock, your DILL balance will approach 0. On expiry of your lock, all of your deposited PICKLE tokens will be released at once – you do not need to perform an "unlock transaction".

The only way to mitigate this decay is to extend your lock or increase your lock with more PICKLEs.

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