LithiumFinance
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LithiumFinance

Lithium Finance: Pre-staking Rewards Guide

As the Lithium Finance pre-staking program comes to an end, LITH rewards claiming will commence April 1st, 2022 00:00 UTC.

  • Rewards will be vested linearly every second from April 1st, 2022 00:00 UTC to October 15th, 2022 00:00 UTC
  • Rewards vested can be claimed at any time after April 1st, 2022 00:00 UTC on https://rewards.lith.finance/
  • Any staked positions shall be redeemed separately in addition to rewards claiming from https://staking.lith.finance

Claiming your LITH rewards

If you have any staked LITH, you may claim your rewards in 3 easy steps below.

  1. Visit https://rewards.lith.finance/ and connect the wallet you used to stake LITH.

2. After connecting, you will be able to see the amount of reward claimable, reward balance, and rewards claimed.

In the above example, rewards in the amount of 568 LITH are vested and may be claimed by the user at that time. Further outstanding reward balance of 2,042 LITH, in the example, will be vested linearly every second to October 15th, 2022 00:00 UTC and will be available for claiming at any time after the relevant amount has been vested.

3. Click the “Claim LITH” button and the vested rewards at that time will be transferred to the connected crypto wallet.

LITH rewards from the prestaking program follow a linear vesting schedule that will accumulate every second from beginning April 1st, 2022 until October 15th, 2022. Users may choose to redeem rewards as many times as they like (in smaller amounts) or wait until October 15th, 2022, or anytime afterward to redeem their rewards in full amount.

Redemption of staked positions

In addition to rewards claiming as outlined above, users can redeem their staking positions on https://staking.lith.finance. Please refer to the prestaking program for details.

Please contact us on our Telegram channels if you have any issues or questions.

About Lithium Finance

Lithium Finance is the first decentralized asset pricing mechanism powered by collective intelligence. We bring market participants together to estimate pricing for illiquid assets on demand.

Website / Telegram / Twitter / Discord / Medium / LinkedIn / Whitepaper

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