【Proposal-03】DAO adds APX unlock function

Dear ApolloX users:

Following suggestions from our community, ApolloX DAO will launch a function for users to unlock APX in advance. After the function goes live, users can unlock their APX at any time, but they will have to pay a penalty fee. The penalty fees collected will be transferred to the DAO reward pool address and distributed to users who have locked APX in DAO. The calculation formula is as follows:

Penalty fee = unlockAmount* max(minRatio%,min(maxRatio%,lock_duration_left /4 years* 100%))

unlockAmount：Amount of APX unlocked in advance minRatio%：Minimum unlock penalty ratio, awaiting voting result maxRatio%：Maximum unlock penalty ratio,50% lock_duration_left：Remaining unlock time, accurate to the second

Users can vote on the following minRatio options:

Option 1: minRatio = 15% Option 2: minRatio = 30%

Note: Users cannot unlock only a portion of tokens from veNFT. Activating the unlock function will unlock all tokens.

The following example will illustrate how the result will affect the penalty fees: User A has a lock-up period of 60 days. Lock-up amount is 10,000 APX. If the user chooses to unlock in advance after his APX has been locked for 30 days, the penalty fee that the user needs to pay will be: When minRatio = 15%, user will need to pay a penalty fee: 10,000x(15%,min(50%,30/1460x100%))=1500 APX When minRatio = 30%, user will need to pay a penalty fee: 10,000x(30%,min(50%,30/1460x100%))=3000 APX

More details about ApolloX DAO can be found in Governance.