✅Early Participants
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How to Claim Reward for The Early Participants
For the 1st phase early participants;
1,000,000 $BTESTA reward will be distributed to both Lenders and Borrowers who use the protocol in the early period since the launch time, 13rd March, 2021 at 12:00 P.M. UTC until March 22nd, 2021 at 00:00 A.M. UTC.
In the first phase, $BTESTA will be divided into 2 parts (weighted average snapshot);
60% of the total reward, calculated to be 600,000 $BTESTA will be distributed to early Lenders. Let’s imagine this 60% as 100%, 25% proportion will immediately go to your wallet after clicking Harvest and 75% will go to the “Locked Amount” which will be averaged by linearly one year. By the period of one-year locked amount, you can claim $BTESTA at any time. The % amount of claimed $BTESTA depends on the% locked amount of each user.
40% of the total reward, calculated to be 400,000 $BTESTA will be distributed to early Borrowers. Let’s imagine this 40% as 100%, 25% proportion will immediately go to your wallet after clicking Harvest and 75% will go to the “Locked Amount” which will be averaged by linearly one year. By the period of one-year locked amount, you can claim $BTESTA at any time. The % amount of claimed $BTESTA depends on the% locked amount of each user.
Condition: Lenders must claim the reward from the first phase on the Borrow part on Stake page (only for the early participants reward)
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