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Token Vesting

Crowdloan Vesting

Vesting Schedule

Tokens received via the crowdloan airdrop are subject to vesting. Your vested tokens are shown as "locked" or "frozen" (depending on the wallet/platform).

Kintsugi

Vesting started on 13 October 2021 (when Kintsugi won a parachain).

Vesting takes 48 weeks in total.

Unlocking happens per block week (see below).

?> Kintsugi Vesting Issue (as of 9 March 2022). 70% of the KINT tokens should vest for a total of 48 weeks. However, the current vesting schedule is longer. The root cause for this issue stems from the fact that parachains should produce a block every 12 seconds, but in reality block production is slower (22 seconds at the moment). This problem affects other Kusama parachains as well. Solution: once block times stabilize (upcoming Kusama upgrade looks promising) the vesting schedules of all participants will be updated to reflect the correct unlocked KINT amount.

You can calculate based on this formula:

my_tokens x 0.3 + (tokens x 0.7 x days_since_13oct2021 / 336)

where my_tokens is the total amount of KINT you received in the airdrop and days_since_13oct2021 is the number of days that passed since 13 October 2021 when vesting started.

Interlay

Vesting started on 12 March 2022 (when Interlay won a parachain).

Vesting takes 96 weeks in total.

Unlocking happens every 10 blocks.

You can calculate your vested tokens based on this formula:

my_tokens x 0.3 + (tokens x 0.7 x days_since_12mar2022 / 672)

where my_tokens is the total amount of INTR you received in the airdrop and days_since_12mar2022 is the number of days that passed since 12 March 2022 when vesting started.

Claim Unlocked Tokens

To receive your tokens into your account once they have unlocked, you need to make a "claim" transaction on the parachain.

Via App

Coming soon.

Via Polkadot.js Developers Tab

To claim the latest unlocked tokens, do the following:

  1. Go to "Developers" > "Extrinsics"
  2. Select "vesting" in the extrinsic dropdown
  3. Select the "claim()" function
  4. Submit Transaction

If you had tokens that have unlocked, you will see them in your balance.