Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Active Team Members
by
Tompa
on 20/04/2015, 08:34:17 UTC


The vesting is happening at the rate of 10% per day. So if you transfer 20K today, tomorrow you will have 2K vested, day after tomorrow it will be 4K vested etc...

I don't think that's how it works.
I think only the not vested balance is taken into account and therefore the 10% are smaller than before.
Day 1 it's 10% of 20000
Day 2 it's 10% of (20000 - vested from day 1)
Day 3 it's 10% of vested from day 2
...

So I'm guessing it'll take about a week before you're able to harvest with a balance of 20k.

/edit: Quickly whiped out some python and if I haven't fucked up this is what it should be like (don't count on it though...it's early)

day 1: 2000 vested out of 20000
day 2: 3800 vested out of 20000
day 3: 5420 vested out of 20000
day 4: 6878 vested out of 20000
day 5: 8190 vested out of 20000
day 6: 9371 vested out of 20000
day 7: 10433 vested out of 20000



Thank you for your correction. I think it would be great if we could have some more info about vesting. We get a lot of similar vesting-related questions and I think it would be very helpful to have info about vesting put on FAQ or Knowledgebase.