Vesting Tutorial – 11.01.2024
You have received your LTC (LOD3 Token Classic) into your LOD3wallet found under the LOD3 Banner in Vault Assets. The LTC is a token which when Deposited into the Vesting and Staking Contract converts 4% of the LTC position into LOD3 Token Avalanche every 30 days. This provides for an orderly transition over a 25 month period.
Once deposited you will see a Date and Time stamp where every 30 days after the time shown, you will go into the Vest LTC category and either Stake or Claim the 4% of LT Avalanche that are waiting there. Once you Stake the LT Avalanche they will begin to generate rewards at a rate of 7% APY.
As the Live Market develops it will be up to you to decide when you want to Claim your LT Avalanche. Once Claimed they return to your wallet for you to either sell or swap on the Live Market or Stake within the RG3N (Rewards Generator).
To Deposit your LTC you will need to first confirm that you have AVAX in your wallet for transaction fees (gas). LOD3 sent out .04 AVAX to all LTC holders for this purpose.
Now Click on Vest LTC on the left side Category List. You will need to Log in with your PIN
You will now agree to Terms of Use and Deposit your LTC into the Vesting and Staking Contract. When you do this the LTC that were showing in your LOD3wallet will now transfer to the Contract. When you click the LOD3 Banner under Vault Assets you will see them there under Vested LOD3 Token Classic.
You will now see a page with a Date and Time stamp. Use this calculator to show the days that you need to return to your wallet to Stake your 4% of LT Avalanche.
Enter the date you Deposited, scroll to the far right and enter 30 Days, then click on Repeat box and enter in 25 months.
Now input these dates into your Calendar at a time that is later than the time stamp indicated on your Deposit time.
