TENX Token Rewards Withdrawal: Q3 2019
Q3 2019 marks the start of the first rewards on the TENX Tokens to their holders. The rewards are distributed equally to each and every TENX Token (both issued and unissued). We will be depositing them to the relevant smart contract daily across the quarter beginning today, 1 July 2019.
Aggregate TENX Token Rewards for Q3 2019: 4,000,000 PAY Tokens
Out of this amount, 2,235,268 PAY Tokens will go towards TENX Tokens that are held by the public.
Withdrawing rewards on the TENX Tokens
Withdraw your rewards
To withdraw your accumulated rewards, simply send 0 Ether from your whitelisted Ethereum address to the TENX Token rewards contract address: 0xF5d49387EcFA36bD2BF047d9E72344A2b3afBB72
This transaction interacts with the TENX Token smart contracts to withdraw your accumulated rewards into your Ethereum address.
Note: Please set your gas limit to at least 100,000
to ensure the transaction is successful. Your transaction can also fail if your address is not whitelisted or has 0 rewards.
Not sure if your address has been whitelisted? Read on.
Check if your address is whitelisted for rewards
Only Ethereum addresses are whitelisted can withdraw rewards.
To verify whether your Ethereum address has been whitelisted for rewards withdrawal, visit https://etherscan.io/dapp/0xF5d49387EcFA36bD2BF047d9E72344A2b3afBB72#readContract and insert your Ethereum address within the isisWhitelisted
query to check.
If your address is not whitelisted, here’s how you can whitelist it on the TENX Token Webapp.
Check your rewards balance
To check how much unwithdrawn rewards you have accumulated on a particular Ethereum address, visit https://etherscan.io/dapp/0xF5d49387EcFA36bD2BF047d9E72344A2b3afBB72#readContract and insert your Ethereum address within the unclaimedRewards
query to check.
Note: To correctly interpret the value, please add a decimal place 18 digits from the right. 18 decimals is standard for ERC-20 tokens.
FAQs
Can I withdraw my rewards balance partially?
No, each time you withdraw your rewards by sending 0 Ether to the TENX Token rewards contract address, you are withdrawing the full rewards balance accumulated on your Ethereum address.
Do I have to withdraw my rewards daily?
You do not have to withdraw your rewards daily. Your Ethereum address will accumulate rewards automatically and will continue to hold them until you choose to withdraw your rewards. You may choose to withdraw your accumulated rewards at your convenience.
How do I calculate my part of the rewards?
MY PART OF THE REWARDS
= (DEPOSITED REWARDS * TOKEN BALANCE / TOTAL TOKEN CAP)
In the case of Q3 2019 rewards, it would be 4,000,000 x (YOUR TOKEN BALANCE/205,218,256)
.
Note: The calculations are for the entire quarter, but rewards are distributed to the smart contract daily.
Can I transfer my TENX Tokens to a different address and withdraw my rewards to that address?
The TENX Tokens are transferable, like any ERC-20 tokens. The rewards will accumulate on the new address. You will be able to withdraw your accumulated rewards after your new address is whitelisted. Here’s how to whitelist your new address.
Why did my transaction fail?
- Your address may have 0 allocated rewards (you can check on the Rewards Etherscan Dapp page)
- Your address may not be whitelisted (you can also check on the Rewards Etherscan Dapp page)
- Your gas limit may be too low. In this case, set to
100,000
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