💰Claim Rewards/Refunds
We know this is what you're here for 😉.
Stakers can Claim Rewards/Refunds in Two Stages:
Trading on Raydium when staker unlock criteria is met: Unlock criteria is fixed at 5x SOL of the initial fundraising goal after being launched on Raydium. When any token reaches this stage, we will open a claim tunnel for stakers to redeem awards.
Inactive: We define any token to be inactive if it doesn't meet the unlock criteria within 30 days or its past 24-hour trading volume is below 5% of the liquidity. In this case, the refund tunnel opens, allowing stakers to reclaim their original investment.
Rewards:
Rewards consist of SOL and tokens.
We will withdraw 20% of the liquidity from the token pool once the unlock criteria has met, which are 20% of SOL in the pool and 20% of tokens in the pool. Stakers can redeem SOL and tokens proportional to their contribution to the initial fundraising target goal.
Example:
Token $XYZ started with a fundraising goal of 50 SOL. During the fundraising stage, User A contributed 30% (15 SOL) of the total fundraising goal.
Once the fundraising goal is met, the token deploys to Raydium with the initial pool of 50 SOL and 200 million $XYZ tokens, representing 20% of the total supply. The dev is great, and $XYZ successfully meets the unlock criteria within 14 days, which means that the pool has 250 SOL and 40 million XYZ. At this point, 50 SOL and 8 million $XYZ, representing 20% of the liquidity, are extracted from the pool.
User A's staker unlock rewards will be calculated as:
So user A will receive 2.376 million $XYZ tokens and 15 SOL.
How to Claim Rewards?
When a token meets the unlock criteria, simply go to the coin detail page and click the claim tab to collect your rewards.
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