I didn't think you lose rewards if you withdraw early?

Question

COTI - Currency of the Internet

Lgbeano

I didn't think you lose rewards if you withdraw early?

Is it the case that if you withdraw early you lose all rewards? (I'm doing x1)

#coti #cryptocurrency #english

0

25.05.2022

4 ответов

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Lgbeano Автор вопроса

Fireflight
If you withdraw a locked deposit during the lock (...

Really? There is an option to withdraw my rewards, what happens if I withdraw them prior to the lockin ending?

0

25.05.2022

Fireflight

Lgbeano
Really? There is an option to withdraw my rewards,...

Then you'll pay a hefty withdrawal fee and lose the rewards you accumulated during that lock period: "Please note that withdrawing a deposit when it is within an active lock period will be subjected to a differential early withdrawal fee calculated based on the remaining lock time (2% max). This fee will be reduced based on the elapsed time since the beginning of the lock period. All rewards accumulated during the active lock period will be liquidated and distributed as rewards in the Treasury. If you claim all your rewards and then decide to make a withdrawal while the deposit lock period is active, the platform will deduct the amount of the claimed rewards during the active lock period from the withdrawn deposit along with fees and an early withdrawal fine."

0

25.05.2022

Fireflight

Lgbeano
Really? There is an option to withdraw my rewards,...

Oh, you're talking about rewards, that you can always do without penalties

0

25.05.2022

Fireflight · Accepted Answer

Fireflight

If you withdraw a locked deposit during the lock (so early withdrawal), then you pay a high fee + you lose all the rewards you accumulated during that lock period

0

25.05.2022

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I didn't think you lose rewards if you withdraw early?

4 ответов

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