Vesting & Claiming

The vesting process in Populx ensures that rewards are distributed in a way that promotes long-term participation and stability within the ecosystem. By implementing a vesting period, we aim to balance the immediate availability of rewards with the health and growth of the Populx community.

Vesting Mechanics

Vesting Period: When you claim your rewards, they enter a 7-day vesting period. During this time, the rewards are linearly vested, meaning you gain access to more of your rewards each day.

Claiming Process: You can claim your rewards through the staking page on the Populx dApp. Here, you will see a detailed list of your pending rewards and their respective vesting schedules.

Triggering Vesting: Each time you claim rewards, a new vesting period is triggered. You can have multiple vesting periods active simultaneously, each with its own timeline and percentage available for withdrawal.

Managing Your Rewards

Checking Vesting Status: The Populx dApp provides a comprehensive list of all your active vesting periods. You can monitor the progress and availability of your rewards in real-time, ensuring you are always informed about when your rewards will be fully vested.

Early Withdrawal Penalties: If you decide to withdraw your rewards before the end of the 7-day vesting period, a portion of the unvested rewards will be forfeited and burned. This penalty helps maintain the integrity of the vesting process and supports the overall stability of the Populx ecosystem.

Penalty Schedule:

• Day 1 Withdrawal: 70% of unvested rewards are burned

• Day 2 Withdrawal: 60% of unvested rewards are burned

• Day 3 Withdrawal: 50% of unvested rewards are burned

• Day 4 Withdrawal: 40% of unvested rewards are burned

• Day 5 Withdrawal: 30% of unvested rewards are burned

• Day 6 Withdrawal: 20% of unvested rewards are burned

• Day 7 Withdrawal: 10% of unvested rewards are burned

Compounding Rewards

Automatic Compounding: You have the option to automatically compound your earned $PPX back into the staking plan without going through the claiming process. This feature allows you to increase your share in the treasury and boost your staking rewards over time.

Benefits of Compounding: Compounding your rewards helps you maximize your earnings and reinforces your commitment to the Populx community. By reinvesting your rewards, you contribute to the long-term health and growth of the ecosystem.