Additional Rewards
0.7% of the Composable (LAYR) token will be distributed throughout our parachain strategy’s third week, after vault caps are lifted.
Additionally, we are providing further incentives for participating for another 90 days. Thus, we reward users for their assistance in helping us continue to procure the KSM/DOT tokens needed for obtaining a Kusama or Polkadot parachain at auction.
Rewards will be available across the 90 day period, with incentives being concentrated earlier in the time frame.
In the first 10 days of our parachain vault strategy extension, we will be distributing 780,000 LAYR tokens as rewards. In the subsequent 40 days, we will then allocate a total of 1,500,000 LAYR tokens as rewards. Then, in the final 40 days of this vault strategy extension, we will reward users with 100,000 LAYR tokens. These tokens will be vested over 1 year.
Last modified 3mo ago
Copy link