Comment on page
🗓
esBFR Vesting Schedule
Escrowed BFR (esBFR) tokens can be converted into BFR tokens through vesting, this can be accessed on the Earn page.
When vesting is initiated, the average amount of BFR or BLP tokens that were used to earn the esBFR rewards will be reserved.
For example, if you staked 1000 BFR and earned 100 esBFR tokens, then to vest 100 esBFR tokens, 1000 BFR tokens will be reserved. To vest 50 esBFR, 500 BFR tokens will be reserved. Note that this is an example and the actual ratio depends on the average staked amount and rewards earned for your account.
esBFR tokens that have been unstaked and deposited for vesting will not earn rewards. Staked tokens that are reserved for vesting will continue to earn rewards.
After initiating vesting, the esBFR tokens will be converted into BFR every second and will fully vest over 365 days. esBFR tokens that have been converted into BFR are claimable at any time.
If a user sells BFR or BLP tokens and would like to vest their esBFR rewards later on, they would need to re-buy the BFR or BLP tokens.
BFR, esBFR and Multiplier Points can be used interchangeably for the required reserve amount.
Depositing into the vesting vault while existing vesting is ongoing is supported.
Tokens that are reserved for vesting cannot be unstaked or sold.
To unreserve the tokens, use the "Withdraw" button on the Earn page. Partial withdrawals are not supported, so withdrawing will withdraw and unreserve all tokens as well as pause vesting.
Upon withdrawal, esBFR tokens that had been vested into BFR will remain as BFR tokens.
Last modified 1mo ago