@SeverMM hi hope u are doing well...could you please validate

Question

@SeverMM hi hope u are doing well...could you please validate

following metabonding process i understood : daily snapshot will be taken, every 7 days average will used to calculate rewards. On 15th we will be able to claim rewards earned during 1st week of staking, then from 22th we will be able to claim rewards earned based on second weekly average calculation ans this for 2 yrs ?
Is that correct?

#blockchain #cryptocurrency #elrond #english

0

18.03.2022

8 ответов

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Mihai M | MultiversX

Hi, You can have a look here: elrond.com/blog/introducing-metabonding-community-building-for-web3-startups/

0

18.03.2022

cridel Автор вопроса

Mihai M | MultiversX
Hi, You can have a look here: elrond.com/blog/in...

Thx a lot....but this document is just an introduction it is not enter into details on how snapshot and calculation timings are implemented :-)

0

18.03.2022

Thomas

Paul | MultiversX (will NEVER DM first)
Hi. Metabonding runs for 2 years for every project...

@GosaSyd, 👆

0

20.03.2022

Sydney gOSA

Thomas
@GosaSyd, 👆

But from Maiar dex Twitter, it says there was no time limit.

0

20.03.2022

@aa | MultiversX ⚡️

Sydney gOSA
But from Maiar dex Twitter, it says there was no t...

Every projects that joins gives around 10% of the tokens supply for Metabonding. Those tokens will be distributed over 2 years. But as other projects join Metabonding, the distribution for their tokens, will also be over 2 years and so on. Metabonding itself has no limit time 😊

0

20.03.2022

Sydney gOSA

@aa | MultiversX ⚡️
Every projects that joins gives around 10% of the ...

I mean for claiming, if u forget to claim after distribution it won't be taken away right?

0

20.03.2022

Thomas

@aa | MultiversX ⚡️
Every projects that joins gives around 10% of the ...

Sydney gave me a snapshot which shows Elrond saying that metabond rewards from staked EGLD have no time limit to claim.

0

20.03.2022

Paul | MultiversX (will NEVER DM first) · Accepted Answer

Paul | MultiversX (will NEVER DM first)

Hi. Metabonding runs for 2 years for every project participating in the Metabonding program. Snapshots will be daily. Claims will start on April 15. You will be able to claim tokens from all participating projects, proportional to your staked EGLD and deposited LKMEX. New tokens become available for claiming every 7 days. There is a 4 week time limit for claiming rewards. So you got it right 👌

0

18.03.2022

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@SeverMM hi hope u are doing well...could you please validate

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