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Late Unstakes
The system penalizes a user for leaving their stake unattended after their committed period has ended, although there is a grace period of 14 days.
The final payout (principal + payout) is penalized at a rate of 0.143% per day, or 1% per week.
For example, if a user’s payout of 100 AXN is available to claim at the end of a 50 day stake period, the grace period will be from day 51 to 64 (14 days). The penalty period initiates after day 64, whereas the 0.143% is deducted from the matured stake reward.
In ~2 years, an unclaimed stake will have been lost entirely.
Last modified 1mo ago