> For the complete documentation index, see [llms.txt](https://docs.vesper.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.vesper.finance/community-participation/governance/unlocking.md). # Unlocking The concept of an early unlock fee is not new within DeFi, acting as a safety net to encourage users to stay in the ecosystem. With Vesper, this early unlock fee is the penalty you would pay if you decide to unlock your VSP before the end of your chosen lock-up period. The initial penalty starts at 50%, and decreases linearly over time until the lock expires when it becomes 0%. Any penalty fees collected in this way go back to the Vesper DAO Treasury. **How does it work?** To determine the penalty involved in an early unlock, you can use the following formula: User’s Locked Balance \* Remaining Time \* Maximum Penalty / Total Lock Duration **Example** Let’s say you locked your VSP for 1 year, but after 6 months, you decided to withdraw them early. Given the penalty decreases linearly from 50% to 0% over the course of the lock duration (1 year in this case), at the halfway point (6 months), your penalty would be 25%. If you had locked 100 VSP, you’d pay 25 VSP as a penalty for unlocking them early. **How To Unlock** 1. Visit and connect your wallet 2. Click “Manage” on the position you wish to unlock 3. At the top of the popup, select “Unlock” - *Here you will see how many days you have left until you get a penalty free unlock* 4. If you do not want to wait, enter in the amount you want to unlock - *Make sure you are comfortable with the early unlock penalty fee* 5. Confirm the translation --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.vesper.finance/community-participation/governance/unlocking.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.