Cryption Network
  • Introduction
  • Cryption Network roadmap
  • PolyDEX and Yield Farming
    • Get Started
      • Create Wallet
      • Get Matic ERC20 Tokens
    • Features
    • Exchange
      • How to trade tokens
      • How to add / remove liquidity
      • Swap Fees
    • Farms
      • How to use farms
      • Single Sided Liquidity
    • Cross-Chain Farming
    • Second Chance Lotteries
    • Migration
    • Reward Manager
    • Pools
    • Farm and Pools End block
    • Smart Contracts
  • Cryption Wallet App
  • CNT Tokenomics
  • Partnerships
  • Migrating CNT from Ethereum to Polygon
  • FAQ
  • Dapp Factory
    • ERC-20 Token
    • IDO/Presale
    • Vesting
    • Liquidity Locker
    • Staking Pool
    • Farms
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  1. PolyDEX and Yield Farming

Reward Manager

The reward manager is the Smart Contract which after a cliff period will linearly vest the CNT tokens from the farm to the user.

  • 25% of the harvested amount from Farms (Core and Multireward) and Staking rewards will be sent to the harvester.

  • The remaining amount (75%) will be vested linearly for 4 months. Vesting will start 1 month after the launch of the Reward Manager. (20th of each month)

  • If users do not try to claim their vesting rewards for the entire duration of 4 months they will get an extra 15% of CNT. (The harvest can be called to get the 25% upfront. This applies only to the vested amount.)

  • Users can “Force Claim” which will forgo the Vesting, burn 35% of the token you are owed, and give you the rest.

45% APR interest rate was only for Reward Manager v1.

Force Claim will burn 35% of the 75% vested if forced claimed immediately. If you force claim 35% of the amount unclaimable will be burned.

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Last updated 3 years ago

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