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New Adopters
Functional Specifications for New Adopters

Vesting

New adopters receive 25% of the total number of AUDT they purchased in the private sale. The remainder is contained in the vesting contract which can be accessed here.
Vesting for all new adopters occurs equally, every day over 365 days from the date they purchased their AUDT. New adopters may claim any or all vested amounts from the vesting contract during the vesting period.

Vesting Bonus for New Adopters

New adopters will receive a bonus equal to 10% of the total number of AUDT purchased by them. The bonus is payable on day 366. The bonus is calculated during the vesting period by multiplying the number of unclaimed AUDT by 1.1333:
UnclaimedAmount1.133333UnclaimedAmount*1.133333
The bonus is designed to incentivize long term behavior. The bonus is reduced if claims are made on any vested amount prior to day 366.
Example: Bob bought 2000 AUDT. He received 500 upon distribution and has 1500 AUDT in the vesting contract. He is entitled to a bonus of an additional 200 AUDT if he leaves the vested amount in the contract unclaimed until day 366. If Bob makes a claim on day 366, he will receive a total of 1,700 AUDT. If Bob claims 500 during the vesting period and leaves 1000 in the contract, he will only receive a total of 1,133.333 AUDT on day 366. Therefore his bonus was reduced to 133.333 AUDT as the result of claiming 500 AUDT prior to the expiration of the vesting period.
Last modified 2mo ago