HELIX in one picture
From depositing DAI to voting: follow one light around the whole loop.
- DAI
- Power
- AiLGNS
- ve
01Deposit DAI, race for quota
A round opens every day: one quota for the whole network, first come, first served.
Schematic: the light's colour shows which asset moves, not how much. The chain figures in the sentences are read live; the official docs have the full rules.
Text version · 8 steps
- 01
Deposit DAI, race for quota
A round opens every day: one quota for the whole network, first come, first served.
No limit per address; the DAI goes straight to the protocol reserve.
- 02
Turn it into power
Deposited DAI counts as power at the on-chain rate; it queues and is active after the next settlement.
Power is priced in DAI; it is not a token and cannot be traded freely.
- 03
Paid out in AiLGNS daily
Settled once a day: a share of the remaining power is paid out, converted to AiLGNS at the protocol price.
The value paid comes off the remaining power whether you claim it or not; the protocol price is the pool's average over the past hour.
- 04
Claim into the Turbine, activate
Claimed AiLGNS enters the Turbine; activating it takes buying the same amount from the pool with DAI, plus a 2.5% fee.
After activation one part arrives at once and the other unlocks after 24 hours; per the official dApp, 1% of the fee goes to voting incentives.
- 05
Sell for DAI
AiLGNS can be sold in the AiLGNS/DAI pool for a fee; the DAI can be deposited again.
1% of the sell fee goes to the voting addresses each epoch.
- 06
Lock or burn for ve
Lock AiLGNS into ve: the longer the lock has left, the more weight it carries. Or burn it for permanent ve.
An epoch is 7 days; ve shrinks with the epochs left.
- 07
Vote, earn incentives, level up
ve holders vote for pools every week and share the voting incentives; the official P levels also count ve value.
Votes close every Sunday at 20:00 (UTC+8); incentives come from 1% of the Turbine fee and 1% of the sell fee.
- 08
Team and community: dynamic rewards
The official team computes the community's dynamic rewards off-chain and submits them; claimed rewards also enter the Turbine.
The official docs split them by P level, zones and weight, but the rules are not published yet; claiming uses Production NFT quota.