# oCOIN $oCOIN has three options to exercise: 1. **Exercise bond dynamic - 5 months**\ Where the oCOIN is vested for 5 months and it rewards 1.5x the locked amount in COIN! (the reward multiplier can change during different market conditions)\ i.e. 100 oCOIN = 150 COIN after 5 months 2. **Exercise unlock to liquid tokens - 2 months**\ Each oCOIN vested can be claimable for 1 COIN.\ i.e. 100 oCOIN = 100 COIN after 2 months 3. **Exercise to liquid tokens instantly**\ The instant conversion provides 100% of the oCOIN position into COIN but has a discount attached to it. The discount varies dynamically based on multiple factors and changes from time to time. It can range from 15% to 70%. \ i.e. 100 oCOIN + WETH fee = 100 COIN instantly {% hint style="info" %} This means users pay 30 to 85% of the oCOIN position’s $ value in WETH as a fee. {% endhint %} The discount is now 25% ( 75% WETH fee ) so the liquidity can stay deep while users that want quick profit sell their rewards because we will be using these to: * Buyback\&Burn $BASE with 25%; * Buyback $COIN with 25%; * Add Liquidity to $COIN with 10%. **Users can check active vests and other COIN+oCOIN analytics on the Dune dashboard below.** {% embed url="" %} --- # Agent Instructions: 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: ``` GET https://docs.swapbased.finance/dex-related/ocoin.md?ask= ``` The question should be specific, self-contained, and written in natural language. 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.