🔓Locking

Locking PARTICLE to earn platform fees

Particle holders can decide to LOCK their Particle tokens on a

Once locked, the user cannot withdraw their Particle for 5 weeks. It is NOT possible to pay a penalty to withdraw locked Particle early.

There are 2 earning possibilities: 1 in ETH and 1 in PARTICLE token

Platform fees: Collected Mint (0.35%) and Redeem (0.65%) fees Penalty fees: 50% early withdrawal penalty fee for PARTICLE/ETH LP and the xETH/ETH LP farming rewards

Particle locking

• Platform fees (as ETH)

• Penalty fees (as Particle)

• 8 weeks Lockup period

Locked Particle will continue to earn fees after the lock time expires if you do not withdraw

Epochs

Vesting, Locking and Fee Distribution will be always in 7 day batches, also called epochs.

An example for Vested and Locked tokens: If the epoch goes from Monday till Sunday and you already have locked tokens on Tuesday and decide to lock another amount of token on Saturday they will be gathered under the same epoch.

You can easily track your different epochs on the UI under the Staking-tab.

Fee Rewards Distribution

All fee rewards will be evenly distributed within an epoch period (7 days) and can always be claimed without any penalty or vesting time.

An example for penalty fee distribution: All early claimed 50% penalty fees are being distributed for a 7 days period based on when they were claimed early. So If someone claims early 2 days later those fees will also be distributed over a 7 days period.

Vested, locked Particle do share the same Platform Fee pool without different weighting.