SFCN tokens are lockable for a selectable locktime, with a maximum locktime of 1 year. By locking SFCN tokens in the staking contract, the user will receive a xSFCN balance. xSFCN tokens are not transferrable.
The height of the xSFCN balance is based on the amount of SFCN tokens locked, and the time left before the tokens unlock. The xSFCN balance is linearly decreasing since the time of lock. The SFCN tokens locked can not be withdrawn before the timelock has expired. However, it is possible to extend the timelock or increase the amount of staked SFCN tokens.
xSFCN token qualifies the user for fee distribution, voting rights and exclusive or early pool access.
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