Redeem xRAIB

xRAIB

The vesting procedure facilitates the conversion of xRAIB to RAIB tokens, following specific ratio and output rates guidelines:

• Minimum duration: 15 days (50% RAIB output)

• Maximum duration: 6 months (100% RAIB output)

Opting for a vesting duration below the maximum (ratio <100%) results in the remaining RAIB being burned.

During the xRAIB vesting period, 50% of the total amount is automatically staked in the dividends, generating rewards while the vesting process continues.

For instance, if you redeem 100 xRAIB for a 90-day (3-month) vesting period, you'll receive 72.3% of the RAIB output, equating to 72.3 RAIB after 90 days.

At the same time, 50 xRAIB will be staked in the Dividends, generating rewards that can be harvested at any point during the vesting period.

If redemption is terminated before its completion, the entire process becomes void. In such a case, the user will regain the total amount of xRAIB being redeemed, without receiving any RAIB.

UI Walkthrough

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Video Walkthrough

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