Lock-up Periods
Last updated
Last updated
When depositing funds into pools, users have the option of choosing:
No lock-up period (except for an initial 6 hour lock)
Specific lock-up periods (30,60,90 days)
Lock-up periods are incentivized with a reward multiplier, as follows:
30 days applies a 1.25x multiplier
60 days applies 1.5x multiplier
90 days applies 2x multiplier
If you have not selected a lock-up period, and wish to withdraw deposited funds within the first 3 days of depositing, a 0.3% fee will apply.
Each deposit you place has its own release date from the time you place that specific deposit. For example, when using a 30-day lock-up period, if you place a deposit on day 1 and another on day 10, the first deposit would unlock after day 30 and the second after day 40.