Redeem xGRAIL
Last updated
Last updated
The vesting process allows you to redeem xGRAIL for GRAIL tokens by considering the following ratio and output rates:
Minimum duration - 15 days (50% GRAIL output)
Maximum duration - 6 months (100% GRAIL output)
If you choose a vesting duration that's less than the maximum (ratio <100%), the remaining GRAIL will be burned
As your xGRAIL vest, 50% of the amount is automatically staked in the real yield staking plugin earning you rewards while the vesting period continues
Should a redemption be cancelled before its completion, the entire process will be nullified. The user will then recover the total amount of xGRAIL being redeemed, and receive no GRAIL.