MagpieListapie Lend

vlLTP locking

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Locking LTP (Listapie’s governance token) mints vlLTP 1:1. vlLTP can’t be transferred and has no fixed lock term: it stays locked until you start an unlock.

What vlLTP does#

Locked vlLTPvlLTP in cooldown
vlLTP pool rewardsEarnsDoesn’t earn
Voting weightCountsDoesn’t count
Tier 2 in LendCountsStill counts, until claimed or force-unlocked
Example · Reaching Tier 2
Tier-2 threshold
20,000 vlLTP
Lock
20,000 LTP → 20,000 vlLTP
Then on the Dashboard
Upgrade to Tier 2: +40,000 LISTA lent to your vault
Your vault holds
50,000 LISTA

Locking#

  1. On the Stake page’s vlLTP card, open Lock and enter an amount of LTP.
  2. Approve and lock. vlLTP is credited 1:1 and starts earning the pool’s rewards immediately.
  3. Claim rewards on the card anytime; they go to your wallet.