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How ELVO works.

ELVO is a lock-to-earn protocol on Robinhood Chain. Creators commit a reward pool. Holders lock the same token, earn each completed period, claim their share, and unlock whenever they want.

Create

A creator opens a campaign through the ELVO Factory. The factory clones one campaign contract and pulls the dev reward pool into it. The token used for the reward pool is the same token holders lock.

Vest

The dev reward pool vests for 7 to 365 days. The creator chooses the interval, from 1 hour up to 30 days. The contract splits the pool into equal periods. A period pays only after it has fully elapsed.

Lock

Holders lock that same token inside the campaign. There is no minimum lock time and no minimum amount. Unlock returns principal immediately. Rewards already earned stay claimable. A wallet that only holds the token outside the campaign does not earn.

Earn

Each completed period is shared in proportion to locked balances. A wallet that has locked twice as much receives twice the reward for that period. A lock made after a period closes does not receive that period. If nobody is locked, that period is not assigned.

Claim

Rewards are not sent automatically. The holder calls claim and the pending reward is transferred to their wallet. Locked principal stays in the campaign until they unlock.

Contracts

These are the ELVO contracts on Robinhood Chain. Open either address on Blockscout to read the deployment yourself.