What is EDEN?

EDEN is a vesting inflationary reward token that is earned by both stakers and liquidity providers. After earning EDEN, you have several options:

Claiming EDEN

Once claimed, EDEN is accounted for in your wallet and enables further actions like committing or vesting.

Committing EDEN

When committed to the network, EDEN earns the same rewards as staked ELYS, allowing users to compound their EDEN rewards. Users can un-commit their EDEN at any time with no unbonding period, after which they can choose to re-commit or vest it.

Vesting EDEN for ELYS

Users can choose to vest their EDEN for ELYS over a 90-day linear vesting period. During this process:

• The vesting EDEN is burned
• EDEN is locked and vests linearly into ELYS at a 1:1 ratio
• Vesting EDEN does not earn additional rewards
• Vested ELYS automatically deposits into user wallets at predefined block intervals
• Users may cancel vesting at any point during the 90-day period