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Vest
A user has three options when vesting xMOZ --> MOZ.
Note: ONLY VEST xMOZ IF YOU WANT TO RECEIVE MOZ.
If a user vests xMOZ, they will lose access to xMOZ utility and voting power.
xMOZ must be vested to redeem equivalent MOZ.
A user has three options for vesting:
- Minimum vesting of 15 days will provide a 1:0.5 ratio
- Median vesting of 30 days will provide a 1:0.75 ratio
- Maximum vesting of 45 days will provide a 1:1 ratio
Only the MAXIMUM vesting option will return xMOZ to MOZ at a 1:1 ratio.
Any excess MOZ (from minimum or median vesting) is redirected to the DAO Treasury.
Ratios calculated only after the FULL TIME has elapsed.
Vesting can be cancelled at any time.
SCENARIO A: If a user has 100 xMOZ and vests for the minimum duration of 15 days, after the time has expired they will be able to REDEEM 50 MOZ. The remaining 50 MOZ is sent to the DAO Treasury.
Last modified 25d ago