I went back through the TermMax documentation last night, focusing on the airdrop checker and token distribution sections. What started as a quick read turned into a longer attempt to map the actual mechanics.
Below the vesting threshold the full allocation is claimable immediately with no lockup, or it can be staked for a bonus of +80 percent over three months or +180 percent over six months. Above the threshold the options narrow: claim 30 percent now and permanently forfeit the remaining 70 percent, or claim only 15 percent now and vest the other 85 percent over three or six months. That 15 percent can still be claimed or staked. Unlocks occur every three months; a three-month plan releases once, while a six-month plan releases at month three and month six. If both vesting and staking are selected the bonuses follow their own schedules but appear together in the same unlock window.
The confirmation deadline is 23 August 23:59 UTC and the choice is irreversible. Missing it defaults to the longest lockup of six-month vesting plus six-month stake. Claiming itself opens on 25 August and confirmed selections carry over to the TMX Management page at TGE. Allocations are fixed to the snapshot of verified activity and holdings. Tokens from the earlier Binance Wallet campaign are excluded from the checker and will be sent separately at TGE with no vesting.
I could not find a clear explanation of how the threshold itself was calculated or whether it can later be adjusted through governance. The irreversible selection also raises a practical security question if a wallet is compromised or an interface error occurs. Does staking the bonus tokens confer any governance weight, or is it purely a yield mechanism? Has anyone else located the precise parameter sources or recovery paths in the contracts?
#termmax @TermMax
Below the vesting threshold the full allocation is claimable immediately with no lockup, or it can be staked for a bonus of +80 percent over three months or +180 percent over six months. Above the threshold the options narrow: claim 30 percent now and permanently forfeit the remaining 70 percent, or claim only 15 percent now and vest the other 85 percent over three or six months. That 15 percent can still be claimed or staked. Unlocks occur every three months; a three-month plan releases once, while a six-month plan releases at month three and month six. If both vesting and staking are selected the bonuses follow their own schedules but appear together in the same unlock window.
The confirmation deadline is 23 August 23:59 UTC and the choice is irreversible. Missing it defaults to the longest lockup of six-month vesting plus six-month stake. Claiming itself opens on 25 August and confirmed selections carry over to the TMX Management page at TGE. Allocations are fixed to the snapshot of verified activity and holdings. Tokens from the earlier Binance Wallet campaign are excluded from the checker and will be sent separately at TGE with no vesting.
I could not find a clear explanation of how the threshold itself was calculated or whether it can later be adjusted through governance. The irreversible selection also raises a practical security question if a wallet is compromised or an interface error occurs. Does staking the bonus tokens confer any governance weight, or is it purely a yield mechanism? Has anyone else located the precise parameter sources or recovery paths in the contracts?
#termmax @TermMax