Huma
  • ABOUT HUMA
    • What is Huma?
    • Why Huma?
    • Key Resources
  • ANNOUNCEMENTS
  • PRODUCTS
    • Huma (2.0)
      • Overview
      • Feathers
      • Modes: Classic vs Maxi
      • Lockup
      • Referral
      • Redemption
      • Integrations
      • User Manuals
        • Deposit
        • Withdrawal
        • Extending Lockup
        • Switching Modes
        • Portfolio
        • Feathers
        • $PST
        • Data Room
      • FAQs
    • Huma Institutional
      • Introduction
        • Overview
        • Pool Types
        • Calendar
        • Admin Roles
      • Tranches
        • P&L Policies
        • Deposit
        • Redemption
      • First Loss Covers
      • User Manuals
        • Lenders
        • Borrowers
          • Payment
          • Loan Management
          • FAQs
        • Pool Admins
          • Pool Owner And Pool Operators
          • Evaluation Agent
  • ECOSYSTEM RESOURCES
    • Technical Docs
      • Huma (2.0)
      • Huma Institutional
    • Smart Contracts
    • Security & Audits
    • Legal
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  1. PRODUCTS
  2. Huma (2.0)

Lockup

When depositing into the Huma pool, LPs have the option to lock up their funds for a fixed period in exchange for enhanced Huma Feathers rewards. Withdrawals are restricted during the lockup period. Once the lockup expires, the position is automatically unlocked, granting immediate access to funds.

When users deposit, users can choose no lockup, a 3-month lockup, or a 6-month lockup. Users can always move forward:

  • From no lockup → 3 months or 6 months

  • From 3 months → extend to 6 months

However, you cannot shorten the lockup period. For example, if you have already made a 6-month commitment, you can't reduce it to 3 months.

Lockup extension gives users flexibility and control, allowing users to ease into longer commitments and boost rewards over time without over-committing from day one.

Lockups enable LPs to demonstrate sustained commitment to the protocol's success. Feathers earning potential scales directly with the duration of participation.

The table below outlines the available lockup durations and their corresponding reward multipliers:

Lockup
Redemption
Rewards Multiplier

No Lockup

Redeem anytime

1x

3-month

After 3 months

2x*

6-month

After 6 months

3x*

  • During the promotional period of the Huma 2.0 launch, these multipliers are elevated to 3x for 3-month lockups and 5x for 6-month lockups.

You can earn the lockup multiples only if you use Huma DApp or any other DeFi protocols that have been officially supported by Huma.

Restrictions

Positions with a lockup come with limitations on redemption and transfers:

  • No early redemption: Locked positions cannot be redeemed through the Huma DApp. Any attempt to bypass this via direct smart contract calls will be rejected. If redemption somehow occurs despite restrictions, all Feathers earned from that position will be forfeited.

  • Bonus rewards will be forfeited upon locked token transfer: If locked tokens are transferred—including actions like swapping on Jupiter or depositing into platforms like Kamino or RateX—the transferred portion will be treated as unlocked. This means any bonus Feathers earned from the lockup will be reverted.

    Example

    Suppose an LP deposits $1,000 in Classic mode with a 3-month lockup during a promotional period offering a 3x Feather multiplier. This yields 3,000 Feathers per month.

    After one month, if the LP swaps $700 of the position on Jupiter for USDC, that portion will be treated as unlocked from the start. The revised Feather reward would be:

    • $700 × 1x = 700 Feathers

    • $300 × 3x = 900 Feathers

    • Total = 1,600 Feathers

    Since the LP had originally earned 3,000 Feathers, the extra 1,400 Feathers gained due to the lockup will be revoked.

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Last updated 29 days ago