Rewards Locking/Releasing
Locking For Stability & Efficiency
Last updated
Locking For Stability & Efficiency
Last updated
92% of all FATE rewards distributed during Epoch 0 will be locked in a vesting contract and steadily released over the following, 52-week Epoch 1.
8% will be accessible for members to claim. However, there are time-based fees for withdrawing capital that are outlined in the previous section, which are designed to discourage short-term yield-farming and are intentionally punitive and structured to use the fees to benefit those members who view participation in FATExFi and DAO activities as a true-stake holder in endeavors that would not be previously possible without DeFi/DLT/web3.0/digital asset tokenization.
The rewards locking/release schedule can be changed by DAO governance proposal and voting.