1inch staking gives Unicorn Power that declines as the lock approaches expiry.
1inch staking gives you Unicorn Power (UP) that declines as your staking lock approaches expiry. The deposited 1INCH amount can remain unchanged while this voting weight falls. In the time-decaying st1INCH model, longer locks begin with more power for the same deposit. This decay also affects power used for decentralized autonomous organization (DAO) governance or delegated to Fusion resolvers.
A staking balance, a voting-weight balance, and a reward balance answer different questions. Reading them together explains whether a change comes from elapsed lock time, a changed position, or a resolver's incentive program.
Reading a stake's amount, unlock time, and voting weight
A meaningful comparison uses the same account and staking contract, because the deposit, unlock time, and voting weight belong to that position.
The recorded deposit
After staking completes, the staking view shows the deposited amount, the selected lock period, and the resulting UP. The underlying deposit is the quantity of tokens committed to the contract. Voting weight measures the influence that the deposit carries at a particular time. A lower UP reading alongside an unchanged deposit therefore describes a change in influence, without establishing that tokens have left the position.
The remaining lock
An unlock time identifies when the position becomes eligible for ordinary withdrawal. Remaining lock time runs down even when the account submits no transaction. An actual extension changes that unlock time; simply reconnecting the wallet does not renew the commitment.
The relationship between 1INCH, st1INCH, and UP
1INCH is the governance and utility token that a holder deposits, while st1INCH represents tokens committed to the governance staking contract. UP expresses the voting weight calculated from that stake. These quantities use different accounting rules, so a wallet's raw st1INCH balance should not be read as an equal amount of current voting power. The staking representation is non-transferable. Resolver rewards accrue through their own incentive programs, with amounts that depend on the program and the participating delegators.
Why does Unicorn Power fall without a withdrawal?
Unicorn Power falls because the time-decaying staking model reduces the weight of an unchanged stake as time passes toward its recorded unlock date.
Time changes the calculation
UP depends on the stake amount and its remaining lock time. For a fixed deposit and unlock time, a later calculation produces less power. The time-decaying st1INCH model calculates voting power with an exponential decay curve. Its curve does not subtract a fixed quantity of UP every day, so a straight-line projection misrepresents the mechanism.
Lock length changes the starting weight
The time-decaying st1INCH contract requires at least 30 days of remaining lock time for a deposit. Its maximum remaining lock is 730 days. Within those limits, a longer lock gives the same deposit more UP at the time of staking. Waiting then reduces that weight as the remaining commitment shortens.
Waiting, extending, adding tokens, and exiting
For a still-locked stake whose early withdrawal is unavailable, compare keeping the existing unlock time with extending the lock. Holding the deposited amount constant isolates the effect of time. An extension raises voting weight and delays ordinary withdrawal; waiting keeps the existing deadline.
| Action | Effect on stake and UP | Limit affecting the choice |
|---|---|---|
| Keep the stake unchanged | The deposit stays unchanged; UP continues decaying. | Remaining lock time still governs ordinary withdrawal. |
| Extend the existing lock | More remaining lock time increases UP for the existing deposit. | The resulting lock must meet the minimum and maximum remaining-lock limits; otherwise the extension reverts. Extending also resets the lock-start time used to calculate any required wait before early withdrawal. |
| Add 1INCH without extending | A larger deposit increases UP at the unchanged unlock time. | The remaining lock must satisfy the minimum remaining lock for a deposit. |
| Withdraw before expiry | An eligible exit returns the deposit minus the penalty and removes its staking weight. | Timing, permitted loss, and transaction bounds can block exit. |
| Only an eligible withdrawal returns tokens; changing voting weight does not release the deposit. | ||
The contract exposes the loss limit and minimum elapsed-lock requirement as adjustable settings. An old penalty percentage does not establish whether this particular stake can exit. Its recorded lock times and the applicable withdrawal quote supply the relevant amounts and timing.
Can locked 1INCH be withdrawn before expiry?
Early withdrawal can return part of the deposited 1INCH before expiry when the position satisfies the contract's timing and loss conditions. The rest becomes the withdrawal penalty. This deduction occurs when the exit executes.
The penalty normally shrinks as the unlock time approaches. More of the time commitment has elapsed, so the contract calculates a smaller loss for leaving early. Declining UP and a declining penalty can therefore occur together. They describe different properties: the influence that the position retains and the tokens that an early exit would return.
The contract can require a minimum elapsed share of the lock as well as an acceptable loss. A loss estimate alone therefore does not establish that every withdrawal condition passes.
An early-withdrawal transaction can also specify the minimum tokens returned and the maximum acceptable loss. These bounds cause a transaction that fails either requirement to revert. A preview remains an estimate until the transaction executes under the contract's checks.
Expiry removes the lock without returning tokens automatically
Expiry makes the stake eligible for ordinary withdrawal without the early-exit penalty, although the tokens remain in the staking contract until withdrawal executes. The remaining UP figure is not the amount that the withdrawal returns.
Ordinary withdrawal returns the recorded 1INCH deposit and removes its staking representation. That ends the voting weight associated with the withdrawn stake. An expired lock and a completed withdrawal are different states, so a visible staking balance after the deadline does not itself establish a failed return.
Governance applies the weight to proposal decisions
Within the DAO, UP determines the influence attributable to a staking position, while voting rules determine how that influence contributes to a proposal. Holding unstaked 1INCH alone does not provide this staking-based weight. Discussion access and weighted voting are separate parts of governance, and an account can receive delegated voting power without holding its own stake.
Voting weight also differs from a percentage of all participating votes. Other stakes, their remaining locks, and delegation arrangements affect the totals against which a position is considered. A falling personal UP balance therefore does not imply an identical fall in its proportional influence. Proposal creation thresholds and quorum requirements belong to governance settings; those thresholds are separate from the stake's decay calculation.
Resolver delegation carries the stake's decaying power
Delegating UP to a Fusion resolver directs that stake's power toward a market participant that fills swap orders, and the delegated power continues to decay. It also does not require transferring the underlying staked tokens to the resolver. The staking representation remains associated with the staker, while delegation accounting records the beneficiary. Changing the beneficiary changes who receives the delegated influence; it does not extend the recorded staking lock or erase its withdrawal conditions.
Governance delegation through Snapshot operates independently from resolver delegation, allowing the same stake's power to support both roles. Resolver participation still has its own eligibility requirements. Delegating a stake to an existing resolver does not make the delegator responsible for running that resolver's order-filling infrastructure.
Resolver rewards depend on the distribution program
Resolver reward programs determine how delegated power turns into token incentives, using the program's funded distribution and each participant's share of the delegated power. A resolver chooses its reward distribution amount and period. Consequently, the token payout depends on more than a personal UP reading. The relative power of other delegators and the active reward budget affect the allocation. A change in UP alone cannot identify the change in future rewards without those inputs.
An annual percentage yield (APY) shown for a resolver is an incentive figure that can change with the program's conditions. It is not a fixed ratio between locked 1INCH and rewards. Extending a lock can increase the stake's power, while the resolver's funding and distribution schedule still constrain the available reward pool. The higher weight does not establish a fixed payout for the longer commitment.
Good to know
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Can I withdraw only part of my 1INCH stake?
- Only the full recorded stake can be withdrawn through the time-decaying st1INCH staking contract. Its withdrawal methods do not accept a partial stake amount. If the withdrawal occurs before expiry, the applicable penalty reduces the tokens returned from that full stake.
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Which network supplies the staking weight used in DAO voting?
- The DAO's staking-based voting uses governance balances and delegations on Ethereum mainnet. Holding 1INCH on another network does not automatically give that account equivalent voting weight in this governance system. A token's availability for trading and its eligibility for this vote are separate matters.
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Is changing resolver delegation a gas-free operation?
- Changing resolver delegation requires an on-chain transaction and a network fee. The gas treatment of a Fusion swap does not carry over to staking or delegation operations. The wallet needs the network's fee-paying asset for the delegation transaction.
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Does casting a DAO vote consume Unicorn Power?
- Casting an off-chain Snapshot vote does not consume UP as a payment. The vote records a preference using the proposal's applicable voting weight. It does not withdraw the deposited 1INCH or change its staking lock, although time-based decay continues while voting takes place.
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Why can a proposal show different voting weight from the staking screen?
- A Snapshot proposal calculates voting power using its designated snapshot block and voting strategies, while the staking screen can show a later UP calculation. Time-based decay or a stake change after that block can explain a difference. The proposal's recorded snapshot determines the relevant time for that vote.