xULAB

xULAB is a ve-style, non-transferable balance that you receive by locking ULAB LP in the Locker.

The amount of xULAB you get depends on:

• How much ULAB LP you lock (LockedLPValue)

• How long you lock it for (LockPeriod, up to 2 years)

Inputs

• LockedLPValue

  • Economic value (USD) of your locked ULAB LP.

• LockPeriod

  • Lock duration, chosen by the user, capped at 2 years (24 months).

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xULAB Formula

$$\text{xULAB} = \Bigg( \min\Big(\frac{\text{Lock}_{\text{Months}}}{24},\ 1\Big) \Bigg) \times \text{LockedLPValue}$$

• Locking longer linearly increases your xULAB up to 24 months.

• Beyond 24 months, xULAB does not increase further (hard cap).

Example Table

Assume LockedLPValue = $100.

Lock Period	Fraction of Max	xULAB Calculation	xULAB Result
3 months	3 / 24 = 0.125	0.125 × 100	12.5
12 months	12 / 24 = 0.5	0.5 × 100	50
24 months	24 / 24 = 1.0	1.0 × 100	100

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