đesETR Vesting Schedule
Unlocking the Power of Vesting with esETR Tokens
At Ethora, we offer a simple method for converting your Escrowed esETR (esETR) tokens into ETR tokens through a vesting process. Here's how it works:
Accessing Vesting: To start the vesting process, visit the Earn page.
Token Reservation: When vesting begins, an equivalent amount of ETR or ELP tokens used to earn your esETR rewards will be reserved. The specific ratio depends on the average staked amount and accumulated rewards in your account. For example, if you staked 5000 ETR and got 500 esETR tokens, and you want to vest 200 esETR, you'll need to set aside 2000 ETRtokens as reserve amount.
Reward Earnings: It's important to note that unstaked esETR tokens deposited for vesting will not accrue additional rewards. However, staked tokens reserved for vesting will continue to earn rewards during this process.
Vesting Timeline: After vesting is initiated, your esETR tokens will convert into ETR tokens every second, reaching full vesting over a period of 365 days. Rest assured that converted esETR tokens can be claimed at any time.
Rebuying Tokens: If you have already sold your ETR or ELP tokens and later decide to vest your esETR rewards, you will need to repurchase the required amount of ETR, esETR, or Multiplier Points, as they can be used interchangeably to meet the reserve requirements.
Ongoing Vesting: You can continue to deposit into the vesting vault even while your current vesting process is still ongoing.
Reserved Tokens: Tokens earmarked for vesting cannot be unstaked or sold. To unreserve these tokens, use the "Withdraw" button on the Earn page. It's important to note that partial withdrawals are not available. Therefore, when you withdraw, all reserved tokens will be both withdrawn and unreserved, and vesting will be paused.
After Withdrawal: After a withdrawal, esETR tokens that have already been vested into ETR will remain as ETR tokens, ready for your use.