Pool FAQ

What lock duration can we choose?

You can choose from 1-52 weeks. What do you prefer?

What variables affect the new VAN Pool APYs (Flexible and Fixed-Term Staking options)?

Since flexible staking and fixed-term staking options are part of the same pool, the following variables affect the APY of both:

• Total VAN staked in flexible staking and fixed-term staking (the sum of both). The more VAN staked, the lower the APY.

• Total locked VAN in fixed-term staking. The more VAN locked means more yield boosts, resulting in fewer VAN rewards for others (especially flexible staking).

• The average lock duration of all VAN locked in fixed-term staking. If the average lock duration increases, APY will decrease.

Can I harvest the rewards during the locked period?

No. You can harvest the rewards only when the locked duration is ended. This is based on the yield/return we are providing as well as the technical implementations.

Can I extend the lock duration?

Yes. Extending the lock duration adds more time to your initial lock duration. When choosing to extend your lock duration, note:

New extended lock duration = initial lock duration + added duration

Can I remove my VAN from Fixed-Term staking via contract if I change my mind?

No. Your VAN cannot be removed or withdrawn from fixed-term staking at any point in time until your lock duration ends and your VAN is unlocked.

What is the "VAN Locked" amount?

The "VAN Locked" amount is a user's initial locked VAN balance plus VAN rewards to date.

VAN Locked = Initial locked VAN balance + VAN rewards

When adding more VAN to fixed-term staking, the "VAN to be locked" amount is the user's initial locked VAN balance, VAN rewards to date, and the VAN being added.

Can the Fixed-Term Staking VAN pool APY change after I lock my VAN?

Yes, the fixed-term staking VAN pool APY is variable. The fixed-term staking VAN pool APY is not fixed and is dependent on:

• Total VAN staked in the VAN pool (the sum of both Flexible + Fixed-Term Staking).

• The average lock duration of all VAN locked in fixed-term staking.

• A yield boost (similar to a multiplier) calculated from a user's initial lock duration. The longer you lock your VAN, the higher the yield boost.

For example, if you lock your VAN for 52 weeks, your yield boost will be larger than if you lock your VAN for 26 weeks. The yield boost increases linearly the longer you lock your VAN.

Can I still participate in IFOs if my VAN is locked in the Fixed-Term Staking pool, or will I need to buy more VAN?

TBD, more information will be provided soon.

Can I vote if my VAN is locked in the Fixed-Term Staking pool?

TBD, more information will be provided soon.

Can I use both the Flexible Staking VAN pool and the Fixed-Term Staking VAN pool at the same time?

No. As mentioned above in the "What’s the difference" section, both options are part of the same, single pool. You currently can never have VAN in both fixed-term and flexible staking.

We have multiple solutions coming in the future to allow users to use both flexible staking and fixed-term staking at the same time, but for now, you can choose only one of them.

Is there a fee for converting Flexible Staked VAN to Fixed-Term Staked VAN?

No. There are no additional fees for moving VAN from flexible staking to fixed-term staking, only network fees.

What happens at the end of the lock duration? What is "After Burning"?

When your fixed-term staking period ends, and your VAN unlocks, you have 7 days to complete one of two options:

• Lock your VAN to begin a new fixed-term staking period or

• Convert your staked VAN to flexible staking (no 72-hour withdrawal fee).

During these 7 days, you will still earn VAN at the same APY as your lock period.

After 7 days, if you have not done one of the two options, your staked VAN will enter what is called "After Burning". In "After Burning", you will still earn VAN, but a portion of your rewards will be sent to burn at a linearly decreasing APR over 90 days, where your APR will be 0% after 90 days.

The “After Burning” state will last for 90 days until all the VAN rewards are burnt. So, to avoid missing out on VAN rewards, we recommend starting a new fixed-term staking period or converting your VAN to flexible staking at the end of your lock staking period.