In case you staked in multiple pools you will need to repeat the above steps for each pool you staked in.
Please note that the confirmation time depends on your chosen transaction fees and the Ethereum network activity/congestion at that time.
The Lattice Launchpad Project Page will inform you about details of the funding process, which are decided by the Launchpad project you are participating in. You will also receive an email with these details.
Funding itself will occur using a cryptocurrency chosen by the Launchpad project (e.g. ETH, USDC/USDT, BTC.)
This section will be updated after migration to Hypergraph, which will include an automated process for the Funding Phase.
The fifth and final step requires no action. You simply need to wait for your
Launchpad project tokens to be distributed to your wallet by the Launchpad project team.
This section will be updated after migration to Hypergraph, which will include an automated process for the Token Distribution Phase.
Greetings, I'm an experienced blockchain and cryptocurrency enthusiast with a deep understanding of tokenomics, decentralized finance (DeFi), and blockchain projects. Over the years, I've actively participated in various token sales, staking activities, and Launchpad projects, gaining hands-on experience in navigating the intricacies of the crypto space.
Now, let's delve into the concepts mentioned in the provided article regarding the funding and token distribution phases of a Launchpad project:
i. Funding Phase:
Staking Phase Completion:
Once the staking phase concludes, your staked $LTX tokens will be returned to your wallet address.
Withdrawal Process:
To withdraw tokens from the staking pools, follow these steps:
a. Visit the Launchpad project page you participated in.
b. Choose your staking pool.
c. Click on the "Release funds" button in the staking widget.
d. Confirm the withdrawal transaction in your wallet.
Handling Multiple Pools:
If you staked in multiple pools, repeat the withdrawal process for each pool.
Confirmation Time:
The confirmation time depends on your chosen transaction fees and the Ethereum network activity/congestion at the time of withdrawal.
Project-Specific Details:
Details of the funding process, such as the cryptocurrency used for funding (e.g., ETH, USDC/USDT, BTC), will be available on the Lattice Launchpad Project Page. Additionally, participants will receive an email with these details.
Upcoming Automation:
The article mentions that this section will be updated after migration to Hypergraph, indicating an automated process for the Funding Phase.
ii. Token Distribution Phase:
No Action Required:
The fifth step in the process requires no action from participants. They simply need to wait for the Launchpad project tokens to be distributed to their wallet by the project team.
Upcoming Automation:
Similar to the Funding Phase, the Token Distribution Phase section will be updated after migration to Hypergraph, indicating an automated distribution process.
In summary, the Funding Phase involves the return of staked tokens, a withdrawal process from staking pools, consideration of transaction fees and network activity, and project-specific details. On the other hand, the Token Distribution Phase requires no participant action and will also see automation in the future with the migration to Hypergraph.
In MetaMask Staking, a 'standard' withdrawal is one that uses the staking protocol's withdrawal mechanism. To withdraw using this method, click the three dots in the top-right of your holding, and click 'Withdraw'.
In MetaMask Staking, a 'standard' withdrawal is one that uses the staking protocol's withdrawal mechanism. To withdraw using this method, click the three dots in the top-right of your holding, and click 'Withdraw'.
Your staked tokens can be unstaked anytime. They will be automatically credited to your Funding Account immediately once unstaked. To unstake, please head to the staking records on the Launchpool page.
Navigate to the DeFi tab or the Ethereum asset detail page.
Select the Unstake button.
Enter the amount you want to unstake, and confirm the transaction. It usually takes between 1-4 days for an unstake transaction to process. The timing can vary depending on network conditions.
You can withdraw your available funds from Stake at any time. Like any other transaction, all applicable fees will be provided to you before you confirm your withdrawal. The minimum withdrawal amount is US$10. Transfers can only go from Stake to your local bank account, which must also be in your name.
As we've explained in this guide, you cannot turn Stake Cash into real money directly on the Stake.us sweepstakes casino site. But you can redeem them for prizes, including cryptocurrency.
If your account has tokens staked, you can withdraw your rewards directly from the wallet: Ensure you are logged into the wallet.From the wallet dashboard, select Claim. This will claim the total rewards accrued for your stakes across every validator.
Introduction: My name is Duane Harber, I am a modern, clever, handsome, fair, agreeable, inexpensive, beautiful person who loves writing and wants to share my knowledge and understanding with you.
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