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Clarification on Vesting

Started by bytemaster, October 22, 2014, 02:33:07 PM

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Frodo

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

bytemaster

#1
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".   
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