Q: How long until I can claim my rewards?
A: Non-vested staking rewards can be claimed as soon as they are distributed. For vested staking, rewards have a maturation period. For example, if your HYDRA is vested for 1 week (7 days):
- Rewards earned on day 1 can be claimed on day 8
- Rewards earned on day 2 can be claimed on day 9
- so on..
This continues for all rewards earned during your vesting period. Each reward matures individually.
Q: How do I claim my rewards?
A: Once mature, rewards can be claimed via the orange claim button.
Q: Is there a wait time if I unstake?
A: Yes, there’s a 7-day cooldown period after you undelegate your HYDRA. The cooldown period helps maintain network stability and ensures a fair distribution of rewards.
Q: Why is there a cooldown?
A: It keeps the network stable and ensures fairness in how rewards are distributed.
Q: What if I unstake early from a vested position?
A: You’ll pay a penalty of 0. 5% of your staked amount for each week remaining in your vesting period. Any unvested rewards will be lost (burned). This penalty discourages impulsive liquidations and aims to add a deflationary force to the system.
More details can be found in our articles on X "Hydra chain - The Layer 1 with 0.5 sec finality"
Don't miss to like and repost!