Claiming Rewards
Last updated
Last updated
Once the activated Generator accumulates enough rewards, you can claim them.
Rewards are calculated and distributed daily, but the exact amount is determined at the end of the day. It is typically reflected in your factory at the beginning of the next day.
For example, the rewards earned from 2024-12-05 00:00:00 to 2024-12-10 23:59:59 UTC, are displayed on 2024-12-10 with a timestamp 2024-12-10 00:XX:XX.
All reward collection history is recorded in the 'Activity' tab.
xTALE (virtual TALE) represents potential rewards that have been earned but not yet claimed. It serves as an off-chain virtual representation of rewards before their actual claim.
$TALE refers to the actual cryptocurrency that can be utilized within the PrompTale ecosystem following the vesting period.
The rewards generated by the Generator are collected through three steps: Claim, Redeem, and Withdraw.
For the first 100 days from the commencement of mining, there will be no minimum withdrawal limit, withdrawal fees, or claim restrictions. Meaning, that $Tale mined through the Generator can be withdrawn freely during the initial 100-day period without any limitations or additional charges.
After the initial 100-day period from the first mining with the Generator, claiming $TALE will follow a different structure. Users will have three options for claiming their $Tale:
Option 1: Claimable within 15 days – 20% of the total amount. Option 2: Claimable within 60 days – 50% of the total amount. Option 3: Claimable within 110 days – 100% of the total amount.
This process involves converting your claimed xTALE into $TALE. You can choose the redemption period, the shorter the period, the lower the conversion rate from xTALE to $TALE, starting at a 1:1 ratio. The available redemption periods are 30 days (20%), 90 days (50%), and 150 days (100%).
After the Redeem process is complete, this is where you transfer your $TALE directly to your wallet address.
Both Claim and Withdraw will be transactions submitted on-chain, so standard gas fees apply. There is also a 1.25 xTALE fee for each claim.
$TALE airdrops will be provided to purchasers during the sale round.
Before listing, users will have the ability to claim their tokens as promised.
Currently, we do not support claim and withdrawal activities from the US and OFAC/UN-sanctioned countries, including Cuba, Iran, North Korea, Syria, Crimea, Donetsk People’s Republic, and Luhansk People’s Republic regions.
Please make sure you are not in the restricted countries. Otherwise, you will see the error prompt "Your IP address belongs to a restricted country. Please contact support!"
