# veSUP

### veSUP Mechanism

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### Stake SUP

SUP holders can lock their tokens for a set period to receive veSUP. The longer they lock, the more voting power they get for each SUP.

* **Lock Duration:** 1 week to 1 year.
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### Get veSUP

veSUP holders gain access to rewards, boosts, direct liquidity mining incentives on the platform and governance.
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### **Governance and Voting**

Your veSUP determines both the strength of your governance votes and your share of fee rewards, etc.

* Voting Power: Scales linearly with lock duration (1 year = 1 veSUP per 1 SUP).
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### **Incentive Boosts**

veSUP holders can unlock boosted rewards when providing liquidity, ensuring their long-term commitment translates into higher benefits.
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**Note***:  veSUP is a Non-transferable ERC20. It **cannot be transferred**.*

## Forced Unlock Penalty

| Remaining Lock Time | Penalty Applied |
| ------------------- | --------------- |
| 1 year              | 50%             |
| 6 months            | 25%             |
| 3 months            | 12.5%           |
| 0 months            | 0%              |

*All penalty tokens are **burned**, reinforcing deflationary pressure.*
