Vyx Interlink@VyxCrypto629
🔥Interlink's V6.0.0 Online Staking Mechanism
When Interlink Chain Private Seoul was released, it included a staking mechanism for $vITLG to receive $ITL.
Users can choose to lock or vest their $vITLG holdings to receive a certain percentage of $ITL.
⚖️Specifically:
- Locking: With this mechanism, depending on the lock period, users will receive their $ITL balance after the lock period ends. The longer the lock commitment, the higher the percentage of $ITL received.
- Vesting: With this mechanism, users can choose a flexible timeframe for allocating their $ITL balance, from 0 months (all allocation immediately) to several months (the $ITL balance will be divided and allocated evenly each month). The longer the Vesting period, the higher the percentage of $ITL received.
What's special is that users can combine both Locking and Vesting mechanisms.
✨For example:
If a user decides to use 10,000 $vITLG for 5 years of Locking and 120 months of Vesting, the $ITL receiving rate will be 1:1.
This means that after 5 years of locking, the user will receive 10,000 $ITL, distributed over 120 months, meaning the user will receive an average of 83.3 $ITL monthly for 120 months.
The Locking and Vesting rates will follow the rate table below. Understand that you can completely split your balance with different Locking and Vesting options.
As the Interlink ecosystem grows over time, the value of $ITL will increase significantly, so designing a proper locking and vesting mechanism can help you create a passive income stream that grows over time.
Your actions determine your position.
#Interlink #ITL #ITLG
