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Locking CSM

100% of all trading fees will be distributed to veCSM holders.
Collected fees will be swapped to stablecoin which has highest compensation ratio and distribute them to veCSM holders.
You can boost your liquidity providing rewards by locking CSM.
Your Locked CSM Amount * 0,0006849315 * Locked Days =Your veCSM Amount

Lockers by Networks

Since Cashmere deployed on 7 different networks that Layerzero supports; In which network you want to boost your LP rewards and get trading fee, you should lock by selecting the CSM Locker of that network.

Locker Management

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Enter the amount you want to lock and select your expiry. Remember locking is not reversible. The amount of veCSM received will depend on how much and how long you vote for. You can extend a lock and add CSM to it at any point but you cannot have CSM with different expiry dates.

Claiming GOV Trading Fees

CSM holders receive a share of platform trading fees, select the 'Network' to receive your accumulated trading fees in the network and press the 'Claim Fees' button.

How to calculate the GOV Trading Fee APY for locking CSM?

Daily Trading Volume * 0,0002 * 365 / (TotalveCSM * CSM Price) * 100