Rewards Release Schedule
When a user reaches the threshold of weekly storage, the gems are “automatically staked,” which is the default setting. The gems are automatically converted to UUM and staked on-chain.
The “auto staking vesting period” is 12 months; every week, there is a 24H window to turn gems into UUM.
The treasury has a fixed supply to reward learners every week, so early community members will earn more, contributing to the platform’s network effects.
The gems: UUM conversion rate is adjusted dynamically proportionally to the current price of the token to avoid sell pressure.
The treasury has a fixed supply to reward learners every week. Meaning that if we combine weekly users’ earnings, they will be above the number of tokens available. The Gems: UUM ratio must be adjusted accordingly.