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Locus Staked token (stLocus)

An overview of stLocus token.

What is stLocus?

The stLocus token offers staking rewards, providing a 50% share of the protocol's revenue, and serving as a governance token. The staking incentives involve a linear emission, starting at approximately 12% APR and gradually decreasing over 10 years to 6% APR.

How do I get stLocus?

Users can stake Locus to receive stLocus immediately on the Locus staking page.
Stake

Where can I see stLocus rewards?

Earned Locus

How do I withdraw/unstake?

stLocus cannot be traded directly, to trade it you have to unstake stLocus to Locus, this can be done on the staking page.
Unstake

Unstaking and Exit fee

In the unstaking window, you will see 3 fields - the amount of locus tokens you are going to unstake, the period of unstaking, and the amount of tokens you receive.
The amount of tokens received after unstaking depends on the selected unstaking period:
  • 30 days - no exit fee
  • in 14 days - 25% exit fee
  • in 7 days - 37.5% exit fee
  • Instant unstake - 50% exit fee
If unstaking is confirmed, tokens will be locked for the selected period ceasing to yield any return and cannot be used for voting. Unstaking cannot be cancelled after confirmation.
The deducted exit fee is burned from the circulation supply and serves as the price balancing mechanism protecting long-term holders' intentions from the aggressive volatility of those who want to extract profit.

Locus.finance Governance

The stLocus token functions as a governance token for the protocol, enabling users to vote on proposals. Governance responsibilities encompass decisions related to treasury management, adjusting emission rates for vaults, voting for the inclusion of strategies in the vaults, and participating in roadmap governance. In the future, the DAO will introduce delegates, encouraging individuals to accumulate voting power and actively engage in the protocol's development. There is also the potential for a bribing market for inclusion in vaults.
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