# How to place $PAWN in SAFE?

Place $PAWN in Pawnfi Secure Asset for Ecosystem (SAFE) for Voting Power and safety incentives.

### 1. Yield -> Pawnfi SAFE

<figure><img src="https://138288126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2CRYJFHo6rjXoSRqSAS%2Fuploads%2FUcdUksWrMKxaiT1r3nIe%2Fimage.png?alt=media&#x26;token=65db447b-f426-4f14-aa45-81fd180701aa" alt=""><figcaption></figcaption></figure>

### 2. Parameters

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You will see:

* Placing Amount ($PAWN): Amount of $PAWN you would like to place in SAFE
* Placing Time: How long you would like to place those $PAWN in Pawnfi SAFE. Placing time is designed at weekly basis, and during placing time, those $PAWN cannot be withdrawn until the expiration date. The maximum time will be **52 weeks**.
* Voting Power: You will get Voting Power by placing $PAWN. Voting Power = Amount ($PAWN) x Placing Time in weeks
  * Ex. 1,000 $PAWN placed for 1 year = 52,000 Voting Power&#x20;
* Voting Power decay rate: Voting Power will decrease at weekly basis, which means it will decrease by placing amount every week.

{% hint style="info" %}
Voting Power among all users will decrease on Thursday at 00:00:00 UTC, which is the breaking point.&#x20;

That is, no matter you place your token on Week 2 Friday or Week 3 Wednesday, your Voting Power will decrease on Week 3 Thursday at 00:00:00 UTC.
{% endhint %}

### 3. Approve -> Submit transaction

After all the parameters are set, first click "Approve" to authorize. After approval, click "Place" to initiate on-chain transaction. Once completed, $PAWN are placed successfully. You will be able to see expiration in SAFE Schedule.

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