You can stake $TIME token in one of the six pool, each pool has a different timer which the user have to wait out before being able to harvest their $MONEY reward. The longer you stakes the tool token $TIME, the greater the reward. This greatly reduces sell-side pressure and helps create a long-term viable yield platform
The social benefit of this is users who are locked-in for a specific time period are more likely to promote the token and play more active roles within the community: it's in their own self-interest to protect their investment. Read more in our Medium article.
You can harvest $MONEY rewards after a completed time period depending on which pool they join
There is no harvest function in the TIME POOLS
Once the full stake time period has been served, the user may mint their $MONEY reward tokens by UN-STAKING.
After full stake time period completed, the reward are minted and 100% of their staked $TIME tokens are burned forever. Exception to these pools
2 week time pool users can keep 5% of staked $TIME after completed time period
1 Month time pool user can keep 10% of staked $TIME after completed time period
Emergency withdraw TIME POOL:
If a user chooses to un-stake before the full duration has been served (Emergency withdraw) in the TIME POOLS, the following fee apply:
🔥 25% of staked $TIME is burned and no rewards are minted