Vesting
The Vesting functionality within our project empowers you to strategically unlock the value of your esKNINE tokens over a predetermined period. This feature allows you to lock your esKNINE tokens in exchange for KNINE tokens, distributed linearly throughout the chosen vesting period.
Here's how Vesting benefits you:
- Controlled Release: Gain peace of mind by gradually releasing your reward KNINE by burning esKNINE, potentially aligning with your reward goals.
- Increased Earning Potential: While your esKNINE tokens are vested, you receive the KNINE during the vesting period and BONE rewards from Real Yield Staking.
- Flexibility with Staking: Vesting also supports the non-locked staking deposits (optional), which means that you can increase or decrease your vesting limit anytime.
Vesting rules are:
- Basic rule for participation - user must have KNINE tokens locked for at least 6 months at Real Yield Staking.
- Optional - non-locked staking positions may be accepted to increase the vesting limit.
- Vesting limit is calculated according to the backing ratio. So, you can vest your esKNINE tokens up to the vesting limit.
- Vesting period - 180 days, during which the KNINE tokens will be released linearly.
- esKNINE is converted into KNINE according to the vesting ratio.
- You can increase your vested amount by adding more esKNINE if the basic rule is completed.
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Vesting Overview