Author Topic: Clarification on Vesting  (Read 9206 times)

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Offline Frodo

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 +5% This way we also avoid a huge dump after the 2 years.

Offline bytemaster

Vesting only applies to VOTE + DNS + PTS + AGS.

There is some confusion over whether or not claiming your funds early results in losing everything else... 

I think that you can claim them as they mature.... so after 1 year you are 50% liquid and 50% locked up.  After 2 years everyone should be able to claim 100% of their allocation.

This is a compromise on the liquidity proposition... the other idea would have incentivized people to hold on for 2 years to avoid losing anything.

In other words... everyone will eventually get 100% of their allocation.  No penalty for claiming your matured BTS.

It is linear... each block you can unlock some small amount of shares... make a transaction with the "fee/share ratio is favorable".   
« Last Edit: October 22, 2014, 03:12:57 pm by bytemaster »
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