Activate Close and Claim
Last updated
Last updated
A deal moves through different states.
Configuration: After the sponsor creates the deal, it is in the CONFIGURATION state and does not accept stakes. During this phase, the sponsor can add and edit attributes like description, links, an attached NFT image and metadata, and whitelist requirements.
Active: The deal is open for staking and unstaking.
Claiming: Once a deal reaches the closing time and meets terms like the minimum required stakes, it moves to the CLAIMING state. Stakers cannot stake or unstake. In this state, the sponsor is responsible for claiming the stake assets and delivering the promised assets.
Closed: The sponsor has claimed the funds, and the deal is closed. Stakers cannot stake. Stakers can unstake the stakes that are not claimed. Stakes will not be claimed if they are over the maximum or if they are not on the buyer whitelist.
Canceled: Sponsors can cancel the deal at any time. A sponsor should cancel if a problem arises or if the deal loses momentum. In the canceled state, the only action is unstake. All stakers should unstake.
Make a deal card: Provide the required parameters: staked token, NFT image, unstaking fee, and closing delay.
Write a good description. A lot of users will only read the description. You can add links and formatting with markdown.
Update terms : Optionally, add some terms if you know them
Start a whitelist: Optionally, create a whitelist so that you can start with a private round and hand out allocations
Activate the deal to start accepting stakes.
1) Get on the whitelist for the staking app. The sponsor can send a Discord message to request the deal's whitelisting.
2) Use the State panel on the Sponsor page to set the state to Active.
Sponsors can cancel at any time. The sponsor should cancel if a problem appears in the deal, or if the deal loses momentum.
A sponsor should set up a closing when they know the terms and structures. Set a closing time in the Terms panel. This will start a countdown to the closing time. Notify the stakers and followers.
Claim and deliver when the deal successfully reaches closing.
