Lock up Balance Tokens

Learn how to lock up Balance Tokens to get Boosted BALN (bBALN).

After you obtain Balance Tokens (BALN), you can lock them up to hold voting power, earn network fees, and boost the amount of BALN you earn from loans and liquidity.

Locked BALN gives you Boosted BALN (bBALN), a non-transferable token that decays linearly over time. It’s designed to align rewards and voting power with those most invested in Balanced’s long-term success.

Lock up Balance Tokens to get bBALN

You can lock up BALN from the Home or Vote page, depending on the information you want to see.

From the Vote page:

1. Click ‘Lock up BALN’ next to Voting Power.
2. Choose the amount of BALN to lock up and how long to lock it up for: 1 week, or up to 4 years. There’s a penalty to unlock BALN early, so choose your lock-up time wisely.
3. Click Confirm and complete the transaction.

bBALN decays over time, and the amount you’ll need for maximum rewards will fluctuate, so you can lock up more BALN and/or extend the lock-up period at any time. You can only set one lock-up period per wallet.

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You can unlock your BALN early, but you’ll pay a penalty fee equivalent to the amount of bBALN you hold (up to 50% of the total).

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Withdraw Balance Tokens

When you reach the unlock date, you’ll need to withdraw your BALN before you can lock any up again. Go to Home > Rewards, or Vote > Voting Power, then click ‘Withdraw BALN’ and complete the transaction.

To withdraw BALN before the unlock date, click Adjust and reduce the amount. You’ll need to withdraw the full amount, and it comes with a penalty fee. To proceed, click Confirm and complete the transaction.

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How bBALN boosts your earning potential

The amount of bBALN required to maximise your BALN incentives depends on your position size compared to everyone else’s. Your earning potential starts at 40%, and the app will show you how many bBALN you need to reach 100% earning potential, including the impact it has on your reward rate.

BALN -> bBALN conversion rate

The amount of bBALN you hold depends on how long your BALN is locked up for. Here’s the conversion rate for every 1 BALN locked:

Lock-up period	bBALN received
1 week	0.0048
1 month	0.0208333
3 months	0.0625
6 months	0.125
1 year	0.25
2 years	0.5
4 years	1

As the lock-up period decreases, so will your bBALN. It decays linearly to 0 based on the amount of time remaining, so if you lock up 1 BALN for 4 years, 1 bBALN will become 0.5 bBALN after 2 years.