veSTTX

By locking STTX to mint veSTTX, holders gain direct influence over protocol governance through voting power. veSTTX inherits STTX’s ever-increasing price floor, making it a premium form of collateral for borrowing DUSX.

veSTTX is our governance token, minted by locking STTX at a 1:1 ratio. Instead of selecting a lock duration, your STTX remains locked until you initiate an unlock. Once you begin the unlocking process, a 7-day delay starts. After this, you’ll have 21 hours to withdraw your STTX.

If you miss this window, the tokens re-lock automatically, and you’ll need to start the process again.

The flexibility of veSTTX doesn’t end there: even during the unlocking process, you can borrow DUSX at a high Loan-to-Value (LTV) ratio of 98% using veSTTX.

veSTTX shares the same price floor as STTX, meaning that's the price the oracle will track. Therefore, your position is only at risk of liquidation if your debt increases due to interest.