Locking vs Staking
Last updated
Last updated
Users can stake their tLEND tokens they receive when supplying LEND to the markets to earn additional Platform Reward Fees based on a vesting schedule, see below:
Exiting your vesting early will incur a penalty and these penalties are disbursed to those that have locked their tLEND tokens.
Users can stake their tLEND tokens they receive when supplying LEND to the markets to earn additional Platform Reward Fees PLUS Penalty Fees from early vesters that pay a penalty to un-stake early.
Lockers CANNOT unlock earlier than 90 days, day 91 is earliest unlock date.
To continue to receive penalty fees, users must LOCK their tLEND tokens again upon expiry.