Earn FSX Weekly

Holding veFSX automatically enrols you to the weekly FSX reward pool, distributing rewards from weekly revenue shares.

How to participate?

1 - Become eligible

Click on the "Check Rewards" button to check your eligibility.

Please note that you must have an active veFSX staking position to become eligible.

Additionally, to accumulate rewards in the next period, your position MUST unlock equal to or later than the second coming weekly distribution (every week at 00:00 UTC on Thursday).

For example, to join the week 1 distribution. You must:

• Join before 00:00 UTC, Thursday on week 1

• Have an active fixed-term FSX staking position, which unlocks equal to or later than 00:00 UTC, Thursday on week 3

2 - Check your rewards

Go to the FSX staking page, scroll down, look for the "Earn FSX" section under "Benefits of veFSX".

In the top section, you may view your veFSX number.

At the bottom, you may find:

• Your shares - shares number in the reward pool. This is equal to your veFSX balance at the time of the next distribution. Please note that the veFSX balance is constantly decreasing based on the remaining lock time.

• Next distribution - the time till the next distribution

• Last distribution - the time of the last revenue distribution and share number update

• Available for claiming - the amount of FSX available for claiming

Please note that your shares will only be updated upon a weekly distribution. Therefore, your shares may appear to be 0 right after you update your staking position. Check back again after the next distribution to view your shares.

3 - Claim your rewards

Your shares will be updated upon the next weekly distribution after you start locking or migrated your position to veFSX. You will start accumulating rewards based on the number of shares you have against the whole pool.

After a whole calendar week passes and the pool hits the next weekly distribution on Thursday. You may now claim the rewards from the last period by going back to the benefits panel and clicking the “Claim All” button.

4 - Stay eligible and gain more shares

Upon each weekly distribution, your shares are re-adjusted based on:

• Your veFSX balance

• At the time of the next distribution (00:00 UTC, Thursday)

• (note that veFSX is gradually decreasing with the remaining lock time)

For example: If a user has 50 FSX locked and the current remaining lock time is 4.2 weeks, then the user will have 50 * (4 / 209) ~= 0.95 veFSX/shares at the next distribution.

To receive more shares, lock more FSX or renew your lock durations to increase your remaining lock time.

Additionally, since the remaining lock duration will be rounded down to weeks, to keep receiving shares, you must ensure your staking position will unlock equal to or later than the second next distribution.

For example, to join the week 1 distribution. You must:

• Join before 00:00 UTC, Thursday on week 1

• Have an active fixed-term FSX staking position, which unlocks equal to or later than 00:00 UTC, Thursday on week 3