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Locks

Locks

TL;DR — A lock is a veCLAIM NFT. More veCLAIM = larger share of Baron royalties. Use Top up, Extend, Merge, and AutoMax to grow or maintain your position. Unlock is available only after expiry with AutoMax off.

This page is the cockpit for your veCLAIM positions. For the concept — what veCLAIM is, how ve weight decays, the royalty share formula, and how to acquire veCLAIM — see veCLAIM.

Your locks are your royalty-earning power in the CLAIM stream. Each lock is a veCLAIM NFT that represents CLAIM you’ve committed to the Furnace. The more veCLAIM you hold — and the longer you hold it — the larger your share of Baron royalties from every takeover.

The Locks page (/locks ) is where you view and manage all your lock positions.

Lock lifecycle

Locks follow a natural progression:

  1. Created — You lock CLAIM through the Furnace and receive a veCLAIM NFT
  2. Active — The lock earns royalties based on its veCLAIM balance. You can top up, extend, or merge it.
  3. Decaying — As the lock approaches expiry, veCLAIM decays toward zero (unless AutoMax is enabled)
  4. Expired — veCLAIM reaches zero. The lock stops earning royalties.
  5. Unlocked — You withdraw your CLAIM principal to your wallet

Key actions

Top up

Add more CLAIM directly, or use ETH through the Furnace, to grow an existing lock. Topping up increases the lock’s principal and veCLAIM but does not change its expiry (unless the lock is AutoMax, which automatically keeps it at max duration).

Extend

Push the lock’s expiry further into the future, increasing its veCLAIM. Extending early prevents decay and keeps your royalty share strong. Locks can only be extended, never shortened.

Extending also earns a bonus on your existing locked CLAIM for the additional time committed. The bonus is funded by the Furnace reserve and uses the same duration-weight system as new entries — longer extensions earn proportionally bigger bonuses. See The Furnace — Extension bonus for details.

AutoMax

AutoMax keeps the lock perpetually at maximum duration (1 year), so veCLAIM never decays and the lock maintains peak earning power. AutoMax locks also receive extension bonuses automatically — the keeper processes them during the settlement window, at no gas cost to you.

To exit: disable AutoMax. This resets the lock to a fresh 1-year expiry and starts a countdown during which veCLAIM gradually decays.

To create a new AutoMax lock with shareholder royalties auto-compound in one step, see The Furnace — Eternal Lock.

Merge

Combine two of your locks into one (irreversible). Useful for reducing lock sprawl and concentrating your veCLAIM into a single position.

  • The shorter-duration side is “extended” up to the longer side’s remaining duration. The Furnace pays an extension bonus in CLAIM on that effective extension, deposited directly into the surviving lock (no transfer to your wallet, no rebase of the lock end).
  • A minBonusOut slippage guard lets you bound the bonus you accept; pass 0 to skip the guard.
  • Mixed AutoMax / non-AutoMax pairs are allowed. If exactly one of the two locks has AutoMax on, the surviving lock keeps AutoMax (OR-rule) and its duration is reset to the maximum (perpetual). The non-AutoMax side gets the bonus computed against the full max-duration weight delta. AutoMax is reversible — you can toggle it off later and the lock resumes its normal countdown — so merging into an AutoMax survivor does not lock you in forever.
  • If both sides are AutoMax, or both share the same remaining duration, the bonus is 0 and the merge still goes through.
  • Both locks must be owned by you (or by the user you are running maintenance for, on the delegated path), not listed on the Market, and not expired.

Bonus payout floor

Bonuses on the Extend, Merge, and AutoMax paths route through addToLockFor, which has a 1 CLAIM minimum per top-up. Bonuses below 1 CLAIM credit to the Furnace reserve instead, and the lock receives no bonus on that call. The reserve credit keeps protocol solvency accounting balanced; the LP rewards stream is unaffected.

Unlock

When a lock has expired (and AutoMax is off), you can withdraw the underlying CLAIM principal to your wallet. This burns the veCLAIM NFT.

Collecting royalties

Royalties accrue while your locks are active. Accrued ETH, the two collection paths (Collect ETH and Collect & Lock), and auto-compound configuration all live on the Overview page. See Royalties (Barons) for accrual mechanics and the full action reference. For a one-action setup, see The Furnace — Eternal Lock.

Status and eligibility

A lock may be ineligible for certain actions when:

  • Listed on Market — Frozen while listed. You can’t top up, extend, merge, unlock, or use it as an auto-compound destination. Delist first.
  • Expired — Can’t be used as a compound destination or extended. Unlock and relock if you still want a live destination.
  • Near-expiry (< 7 days) — Cannot be used as a compound or entry destination. Extend the lock or create a new one.
  • Not owned by your connected wallet — Switch to the wallet that holds the NFT.

Tips

  • Keep one healthy “destination lock” for auto-compound: not listed, not expired, owned by you.
  • If a lock doesn’t appear in Furnace or LP Vault pickers, check if it’s listed or expired.
  • If the Locks page says your locks are unavailable, use Retry. That is different from the real No locks yet state.
  • Extend early to prevent veCLAIM decay — waiting until the lock is nearly expired means you’ve already lost earning power.

See also

veCLAIMRoyalties (Barons)