Restaking Competition Season 1 Vesting Period Explained
UPDATE: You can now start claiming your vested tokens by clicking on this link.
Season 1 of our Restaking Competition finished last June 30, 2024 with 25 of our best restakers sharing a total prize pool of 150,000 LAY3R tokens. With LAY3R’s launch, we’re now able to start distributing these rewards to all our winners, so let’s explain how our distribution works.
The top 9 of the restaking leaderboard will receive 10% of their rewards at launch with 3 months of vesting and 6 months lineal. The 10th — 25th place winners will get 15% of their rewards at launch, but have the same 3-month vesting period with 6 months lineal. We have already distributed some of the launch rewards during the three-phase LAY3R airdrop (Nov. 10, Dec. 10, and Jan. 10), and all our winners should get their full prize by July of this year.
The vesting period starts on February 1, 2025 and will continue on every 1st of each successive month until July 1, 2025. To claim those tokens, you need to create a vesting contract here:
https://app.team.finance/token-vesting
Here’s the full list of how many tokens each winner will receive on launch and during the vesting period:
1st — 2000 tokens on launch, 3000 tokens each month from February to July
2nd — 1500 tokens on launch, 2250 tokens each month from February to July
3rd — 1000 tokens on launch, 1500 tokens each month from February to July
4th — 800 tokens on launch, 1200 tokens each month from February to July
5th — 580 tokens on launch, 870 tokens each month from February to July
6th — 580 tokens on launch, 870 tokens each month from February to July
7th — 380 tokens on launch, 570 tokens each month from February to July
8th — 350 tokens on launch, 525 tokens each month from February to July
9th — 330 tokens on launch, 495 tokens each month from February to July
10th — 480 tokens on launch, 453.33 tokens each month from February to July
11th, 12th, 13th — 375 tokens on launch, 354.1667 tokens each month from February to July
14th and 15th — 315 tokens on launch, 297.5 tokens each month from February to July
16th — 300 tokens on launch, 283.33 tokens each month from February to July
17th — 225 tokens on launch, 212.5 tokens each month from February to July
18th — 210 tokens on launch, 198.33 tokens each month from February to July
19th — 150 tokens on launch, 141.67 tokens each month from February to July
20th — 135 tokens on launch, 127.5 tokens each month from February to July
21st — 127.5 tokens on launch, 120.41667 tokens each month from February to July
22nd — 97.5 tokens on launch, 92.0833 tokens each month from February to July
23rd — 90 tokens on launch, 85 tokens each month from February to July
24th and 25th — 75 tokens on launch, 70.833 tokens each month from February to July
Should you have missed our previous article:
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