Emissions and Redemption Process
Last updated
Last updated
The Redemption Process enables holders to convert their xKICK rewards to $KICK tokens through flexible redemption options, giving users control over their balance of liquidity and reward value. Users may select from three options, each with a unique redemption duration and value.
When opting for shorter redemption durations, users burn a portion of their xKICK to access $KICK sooner.
Conversion Rate: 1:1 (100%)
After a 3-month unlock period, 100% of your xKICK balance converts to $KICK at full value, with no reduction.
Conversion Rate: 1:0.5 (50%)
At the end of a 2-month unlock period, 50% of your $KICK rewards are converted to $KICK, allowing earlier access with a balanced trade-off.
Conversion Rate: 1:0.25 (25%)
Immediately convert 25% of your $KICK for $KICK with no wait, providing the fastest access to liquidity.
See table below for estimated $KICK rewards for Xardian node operators