Increasing Lock Amount and Duration

The Process for amending MAX lock amount and duration in MinMax Finance

A wallet that has already locked MAX and received veMAX is able to increase their veMAX balance by either locking more MAX or increasing the length of the lock (up to a maximum of 4 years from the date on which the lock is extended). If you have a MAX balance on your account, this additional HND balance can be locked by inputting the amount in the Lock additional MAX field and sending the lock transaction. At this point, the received veMAX will have the same unlock date at those you have previously locked due to an account only being able to have a single unlock date.

To increase an unlock duration and in return receive further veMAX, a new date can be set in the Increase lock duration UI. Again, any locked MAX can only have a single unlock date so any increase will apply to all currently locked MAX.

Note: When increasing lock duration it is best practise to extend at 8 days or more past your current unlock date. This prevents issues that can arise when a new unlock date falls within the same epoch as the previous unlock date.