How to place $PAWN in SAFE?
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Place $PAWN in Pawnfi Secure Asset for Ecosystem (SAFE) for Voting Power and safety incentives.
You will see:
Placing Amount ($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 Placing time is designed at weekly basis, and during placing time, those $PAWN cannot be withdrawn until the expiration date.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
Voting Power decay rate: Voting Power will decrease at weekly basis, which means it will decrease by placing amount every week.
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.