PreLaunch - Airdrop
IDO on PolyLAUNCH
opens on June 18, 2021, 17:00:00 UTC
Epoch 1 will start on June 19, 2021 08:00:00 UTC
* Epoch duration: 8 hours during expansion ; 6 hours during contraction
Each wallet can deposit a maximum of 1% SDS total supply, at the time of deposit.
Upon deposit, the fund will be locked for 6 epochs.
Any time the user claims rewards or deposits more funds or withdraws fully/partially, the lock counter will be reset.
After the lock period, users can withdraw partially or fully their funds with all the rewards earned.
During the lock period, if users need to withdraw early, users can withdraw with the conditions:
All the unclaimed rewards of the users will be burned.
There will be a penalty fee of 5% for each remaining locked epoch.
Partially withdrawn funds will reset the lock counter.
Rewards can be claimed after 3 epochs after deposit.
Each time rewards claimed, both locked and reward counter will be reset
Users can stake a maximum of 9 epochs without any tax. If users claim rewards after 9 epochs from the counter time, there will be a 15% tax fee on total unclaimed rewards. This tax fee will be burned.
During expansion phase
Starting Max Expansion Rate is 2.5%
First target is 1M total supply for SDO
For each and every 25% increase in Total Supply of SDO after first target, the max expansion rate will be reduced by 5%.
Total supply increase to 1.25M SDO, expansion rate will be 2.375
at 1.56M total supply, expansion rate is 2.25625%
an so on,
86M total supply, expansion rate is 0.8%
Expansion rate is 0 during the contraction phase.
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