LockStake Engine (Seal Engine)

LockStake Engine (Seal Engine) @ Ethereum

  • Details

    • All deposits are immediately subject to an exit fee upon withdrawal. This fee can be changed by governance at any time. Users must monitor governance actions (which are typically under a governance delay) and adjust their positions before any exit fee changes take effect.

    • Users can approve other addresses to perform actions on their MKR vault.

    • The LockStake Engine deposits the LSMKR token balance held by the user's vault (urn) into their selected staking rewards contracts. However, users cannot directly handle or transfer this LSMKR balance.

    • Users cannot transfer their MKR vault (urn) to another address.

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