🔐Staking and Locking
ELX holders can decide to stake (no lockup period) or lock (8 weeks Lockup period) their ELX
Once locked, the user cannot withdraw their ELX for 8 weeks.
It is NOT possible to pay a penalty to withdraw locked ELX early.
There are 2 earning possibilities: 1 in ETH B and 1 in ELX token
Only users who decide to LOCK their ELX will be able to earn ETH and ELX tokens!
Platform fees: Collected Mint (0.5%) and Redeem (0.5%) fees
Penalty fees: 50% early withdrawal penalty fee for ELX /ETH LP and the ETHX/ETH LP farming rewards
ELX locking Platform fees (as ETH) Penalty fees (as ELX ) 8 weeks lockup period
Locked ELX will continue to earn fees after the lock time expires if you do not withdraw ELX staking (same as ELX in vesting)
Platform fees (as ETH)
Penalty fees 8 week lockup period
Epochs - Vesting, Staking, Locking and Fee Distribution will be always in 7 day batches, also called epochs. An example for Vested, Staked and Locked tokens: If the epoch goes from Monday till Sunday and you already have locked tokens on Tuesday and decide to lock another amount of token on Saturday they will be gathered under the same epoch. You can easily track your different epochs on the UI under the Staking-tab.
Fee Rewards Distribution - All fee rewards will be evenly distributed within an epoch period (7 days) and can always be claimed without any penalty or vesting time. An example for penalty fee distribution: All early claimed 50% penalty fees are being distributed for a 7 days period based on when they were claimed early. So If someone claims early 2 days later those fees will also be distributed over a 7 days period.
Vested, staked, locked ELX do share the same Platform Fee pool without different weighting.
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