Stack or Skip
Welcome to “Stack or Skip”, a campaign designed to provide our core CAE community members with a choice around recent updates to Minterest tokenomics as we prepare for a liquid token event end May.
Choose a 20% MINTY bonus under new vesting terms or reclaim your initial contribution. Campaign ends April 26. Those who actively choose to Stack on the Minterest App may also receive additional benefits. More details below.
If you do miss the deadline to Stack or Skip, your account will automatically be Stacked, alongside all of the (non-CAE) LBP users.
How it works?
Stack or Skip provides CAE users with a real choice
1. Stack a 20% MINTY bonus with the following updated unlock schedule
– Standard CAE: 3-month cliff post-listing, followed by a 6-month linear vest
– Lock & Load CAE: 3-month cliff post-listing, followed by a 12-month linear vest
– Use the CAE Calculator to preview your updated balance
2. Skip it entirely and opt for a total return of your initial contribution made during the CAE. This includes forfeiting all MINTY tokens related to your participation in the CAE.
– Return of contributions will be processed to the MINTY token address on the originating network (BNB Chain/Ethereum)
– The scheduling for return of contributions will be announced shortly after the campaign concludes
How do I participate in the offer?
1. Navigate to app.minterest.com
2. Login via your CAE wallet address on the Ethereum Network (not Mantle Network)
3. Go to your Dashboard: app.minterest.com/dashboard
4. Choose an option that fits you and sign the transaction using your wallet to confirm the decision
5. If you choose to Stack, your vested balance, including the 20% bonus, will be reflected on your dashboard before listing. Refer to the CAE Calculator to preview your updated balance
6. If you choose to Skip, the return of contributions schedule will be announced shortly after the campaign concludes.
When can I see the updated balance on the Minterest app?
All balances and vesting schedules on the Minterest App will be updated prior to listing end of May.
For more information on Stack or Skip visit the Stack or Skip FAQ and Tokenomics Update on the Minterest Gitbook.
Whether you choose to Stack or Skip, the Minterest team is incredibly grateful to you for being a part of Minterest on your Web3 Journey.
The Minterest team and moderators are always available on community channels on Telegram and Discord to answer any queries.
Terms & Conditions
1. Eligibility: Open exclusively to CAE participants. Eligibility extends to both Standard CAE and Lock & Load CAE participants.
2. Campaign Duration: Begins on April 12, 0:00 UTC, and concludes on April 26, 0:00 UTC.
3. Options:
a. Stack: Elect to receive a 20% bonus in MINTY tokens, subject to an updated unlock schedule post-listing.
b. Skip it entirely and opt for a total return of your initial contribution made during the CAE. This includes forfeiting all MINTY tokens related to your participation in the CAE.
4. Participation: Accessible through the Minterest App (app.minterest.com) using your CAE wallet address on the Ethereum Network. Choices made are final upon confirmation.
5. Confirmation: Requires signing a digital confirmation via your wallet to validate your choice.
6. Token Unlock Schedule:
a. Standard CAE: 3-month cliff post-listing, followed by a 6-month linear vest.
b. Lock & Load CAE: 6-month cliff post-listing, followed by a 12-month linear vest.
7. Return of Contributions Policy: Return of contributions for those who choose to “Skip” will be processed to the MINTY token address on the originating network (BNB Chain/Ethereum). The schedule for these transactions will be announced post-campaign.
8. No Early Termination: Participants electing to “Stack” cannot terminate their lock-up early.
9. Amendments: Minterest reserves the right to modify the terms or cancel the campaign.
By participating in the “Stack or Skip” campaign, you agree to these terms, aimed at ensuring a transparent and equitable process for all CAE members.
