Auto Vault Emissions

What is auto vault emissions?

Auto vault emissions aims to provide additional long term incentives to our community while also reducing opportunistic yield farming
The function allows users to quickly lock up their TONIC rewards into a vault of their choice
Previously, users needed to 1) claim TONIC, and 2) stake TONIC for xTONIC before locking it into a vault. Now, users can skip steps 1 and 2
Do note that, going forward, 60% of all TONIC rewards will be automatically locked into a vault. The remaining 40% can be claimed immediately

When a user proceeds to claim his TONIC rewards, 60% of this amount will be automatically locked into a vault
Users can choose to lock more than 60% into a vault in order to enjoy higher APR on their TONIC
Users can also choose the locking time period, but rewards locked cannot be claimed until maturityAny amount of TONIC remaining can be claimed immediately

Last updated 3 months ago

Auto vault emissions aims to provide additional long term incentives to our community while also reducing opportunistic yield farming
The function allows users to quickly lock up their TONIC rewards into a vault of their choice
Previously, users needed to 1) claim TONIC, and 2) stake TONIC for xTONIC before locking it into a vault. Now, users can skip steps 1 and 2
Do note that, going forward, 60% of all TONIC rewards will be automatically locked into a vault. The remaining 40% can be claimed immediately

When a user proceeds to claim his TONIC rewards, 60% of this amount will be automatically locked into a vault
Users can choose to lock more than 60% into a vault in order to enjoy higher APR on their TONIC
Users can also choose the locking time period, but rewards locked cannot be claimed until maturityAny amount of TONIC remaining can be claimed immediately

Last updated 3 months ago