Elrond Wiki - FAQ Metabonding
  FAQ Metabonding
How will EGLD snapshots work?

Snapshots of staked EGLD amounts will be taken daily. The average over 7 days will be used to determine your participation in Metabonding for that week.

Eligible:

  • EGLD delegated to a staking provider
  • EGLD actively delegated in "Delegate (Legacy)"
  • EGLD staked as a Validator

Not Eligible:

  • EGLD in the "Delegate (Legacy)" waiting list
  • EGLD provided as liquidity on the Maiar DEX
  • EGLD on exchanges or freely available (not staked) in any wallet
How will LKMEX snapshots work?

You will need to deposit LKMEX specifically for Metabonding. Snapshots of the amount of LKMEX deposited in the Metabonding product will be taken daily. The average over 7 days will be used to determine your participation in Metabonding for that week. Withdrawing LKMEX from Metabonding has an associated 48-72h (current epoch + next 2 epochs) unbonding period, during which the amount currently being withdrawn is not considered for snapshots.

Eligible:

  • LKMEX deposited in Metabonding

Not Eligible:

  • LKMEX staked in the MEX Farm
  • LKMEX deposited as liquidity in EGLD/MEX Freely available LKMEX
  • LKMEX unbonding after being withdrawn from Metabonding
How will I be able to claim Metabonding rewards?

Claims will start on April 15. You will be able to claim tokens from all participating projects, proportional to your staked EGLD and deposited LKMEX.New tokens become available for claiming every 7 days. There is a 4 week time limit for claiming rewards.

WHEN DO THE SNAPSHOTS START?

From March 15.

HOW LONG DOES THE DISTRIBUTION OF TOKENS FROM THE METABONDING TAKE?

Distribution lasts 2 years.

WHAT PERCENTAGE OF THE PROJECT SUPPLY IS DISTRIBUTED IN THE METABONDING PROGRAM ?

About 10% of project supply is distributed to people eligible for Metabonding.

WHAT TIME ARE THE SNAPSHOTS TAKEN ?

There is no fixed time, snapshots are taken randomly during the day.

ARE LP TOKEN TAKEN INTO ACCOUNT IN SNAPSHOTS ?

No, they are not taken into account.


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