The Rewards Release Schedule
The Lock-in Period (The First 30 Days of Staking Your Token)
The staking requires a minimum lock-in period of 30 days. During those 30 days, you will accumulate tokens based on your proportional staking amount with rewards being calculated at 00:00 UTC each day. For example, if you stake your token on Day 1 before midnight (00:00 UTC) and leave it for 30 days, you will be able to withdraw your token after Day 30 along with the accumulated tokens. Staked tokens can be withdrawn at any point during the RE:CRE8 staking event, however, If you withdraw your tokens before the 30-day Lock-in Period ends, you will forfeit your accumulated tokens. Rewards are accumulated at the passing of every midnight (00:00 UTC) with the first 100,000 CRE8 token calculation occuring at 00:00 UTC on Dec 14th.
After the Lock-in Period
After the lock-in period of 30 days, you will be receiving $CRE8 rewards on a daily basis. During this period, you can withdraw your staked $CRE8 at any time along with accumulated token rewards. You can also deposit your rewards to earn rewards on top of those rewards, however, any new portion of staked $CRE8 will also require a 30-day Lock-in Period.
Last modified 1mo ago