When & how to redeem your rewards?

HOW a staker can redeem his share? Let’s take a look at the process all of which is on-chain below:

Every month, we will lock Stake / Request to Unstake / Unstake functions on the last day of the month for 3 days to start the distribution process for the month.

At this locking time, total share, total staked & number of staked owned by each staker is finalized for reward distribution.

If you have staked a PMP, it will take you at least 21 days to complete unstaking process, and you MUST remember to come and take your PMP from pending unstake area to unstake area.

If you have not unstaked your PMP, you can stake it within a click, and your PMP will be counted as a staked PMP eligible for revenue share of this month period. There is NO minimum days that you have to stake prior to the locking time in order to benefit from revenue share of that month.

A staker need to visit My Account > General to claim rewards within 3 days (72 hrs) from the Locking time. After this time, we unlock all functions, and stakers will not be able to redeem this month’s reward any longer. All the amount of un-redeemed reward will be put to Total share of the next distribution period for all stakers to share.

You can see the amount you can claim in this distribution month. In order to claim, click on button Claim Rewards.

Confirmation process will appear. You will now need to confirm this action with your wallet.

After this action, check your wallet, congratulations, you have successfully claimed this month rewards.

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