# Memberships (Free)

By locking a minimum of $5 worth of $THX, you immediately become a THX Member and unlock a plethora of benefits:

💰 Earn double digit APR on locked tokens, including protocol fees.\
🔓 Access unique quests and exclusive rewards, such as the lottery.\
✅ Vote in governance decisions to influence network fees and more.\
🪂 Lock tokens for increased chances at exclusive quests and airdrops.

## How-to get your THX Membership

1\) Head over to the [**THX Membership Dashboard**](https://app.thx.network/)\
2\) Create your membership by locking $5 USDC.e or approximately 500 $THX

{% embed url="<https://youtu.be/MqMfwzpkmW4>" %}

## Memberships Tiers

🏅 Membership Levels - Climbing to the next membership level and earning your Discord role is the name of the game. Just lock in your tokens to unlock higher tiers. And should you choose to exit, simply wait for the lock period to end to reclaim your tokens!

* Rookie: Lock \~$5 worth of THX
* Pro: Lock \~$50 worth of THX
* Elite: Lock \~$500 worth of THX
* Master: Lock \~$5,000 worth of THX
* Legend: Lock \~$50,000 worth of THX

## Withdraw your $veTHX locked tokens

To withdraw your locked tokens, click 'Withdraw' on app.thx.network and accept the penalty.

## Secured and Backed by the Best

##

THX Network's [staking and lock system](https://docs.thx.network/tokenomics/locking-usdthx-to-usdvethx) is built using Balancer smart contract technology. Balancer has [completed full audits](https://docs.balancer.fi/reference/contracts/security.html) with Certora, OpenZeppelin, Trail of Bits, and ABKD.

### Bug Bounty <a href="#bug-bounty" id="bug-bounty"></a>

Balancer's bug bounty program is [among the largest in DeFi](https://immunefi.com/explore/?sort=reward%3Adesc) with a maximum payout of **1,000 ETH** for critical vulnerabilities. For more info of Balancer's Bug Bounty program, visit their [Immunefi page](https://immunefi.com/bounty/balancer/).

### Investors <a href="#bug-bounty" id="bug-bounty"></a>

&#x20;THX Network is  backed by a strong set of European and global investors and accelerators.&#x20;

<figure><picture><source srcset="https://1499671166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fda0CPvFjFKQsHDL5o9xa%2Fuploads%2Fb3Kh7iRodJ05x5RNWGo0%2FTechstars_Logo_Primary_White.png?alt=media&#x26;token=bec3adf9-127b-40a3-bfc7-eba97555fc17" media="(prefers-color-scheme: dark)"><img src="https://1499671166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fda0CPvFjFKQsHDL5o9xa%2Fuploads%2FoOYozPvu1jnQOZCiXjXW%2FTechstars_Logo_Primary_Black.png?alt=media&#x26;token=2c8578a5-c08c-4930-91d3-7972f89678cc" alt="" width="375"></picture><figcaption><p><strong>THX Network is backed by Techstars, one of the largest pre-seed investors in the world, 2022 cohort.</strong></p></figcaption></figure>

<figure><img src="https://1499671166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fda0CPvFjFKQsHDL5o9xa%2Fuploads%2FgAS1kPCa85iaW7SVYrPr%2Fimage.png?alt=media&#x26;token=8f4faa5e-ca53-4d5b-93e3-4be39826d7e2" alt="" width="178"><figcaption><p><strong>THX Network has received funding from the European Union under agreement 82888 (Blockpool) and 824509 (Block.IS)</strong></p></figcaption></figure>

<br>
