Comment on page
🔓
Staking and Locking
Users can choose between two $MNTI Stake options:
- Lock Staking for 2 weeks (Earns $WBNB + $MNTI)
- Flexible Staking (Only Earns ($MNTI)
Once user has locked their $MNTI funds, they can still withdraw them earlier than 2weeks but they'll be charged with a penalty fee.
Platform fees are charged as follows:
Mint fee (0.5%) and Redeem fee (1%)
Penalty fees are provided:
There is a 50% penalty fee for early withdrawal of rewards for breeding pairs such as MNTI/WBNB and WBNBX/WBNB LP.
- Platform fees
- Penalty fees
- 4-week lock period
Locked staked $MNTI tokens will continue to earn fees after the lock time expires (if they are not withdrawn).
- Platform fees
All vesting, locked staking and fee distribution activities will run on an epoch schedule. Illuminati's epoch period is 7 days.
All fee rewards will be evenly distributed within an epoch period (7 days) and can always be claimed without any penalty or vesting time.
An example for penalty fee distribution:
All early claimed 50% penalty fees are being distributed for a 7 days period based on when they were claimed early. So If someone claims early 2 days later those fees will also be distributed over a 7 days period.
First fee rewards distribution starts approx. 1 week after launch.
Vested, staked, locked $MNTI do share the same Platform Fee pool without different weighting.
Last modified 6mo ago