🪂Deposit Incentives
To kick start pool growth and grow the anonset deposit incentives are now active for Veil Cash.
How Do They Work?
Incentives run in waves, each 4 weeks long over lapping at the 2 week mark. Ensuring prolonged incentives and deposits in verified pools.
Wave Overview
Deposit Phase (First 7 days)
Users deposit the required ETH amount into Veil
Limited number of deposits spots available
First-come, first-served basis
Hold Period (Next 14 days)
User is required to leave their deposit in the pool for this period
no actions required during this period
Claim Phase (Final 7 days)
Deposit must still be verifiable in the pool at the time of claim
Users have 7 days to claim their reward
Deposit does not need to be withdrawn during or after token claim
Users can monitor their deposit and progress in the wave at the incentives page by selecting the correct wave they deposited in.
Claiming Rewards
Each wave of the Veil Waves Program concludes with a 7-day reward phase, where eligible participants can claim their VEIL token rewards.
When Can You Claim?
Claim periods are only open during the final 7 days of each wave. Once this window closes, rewards for that wave can no longer be claimed.
What Do You Need?
To claim your rewards, you must prove that your deposit is still unspent. This is done using your deposit note.
How to Claim?
Rewards can only be claimed if your deposit made during that wave is unspent at the time of claiming
Go to the Incentives page and select the wave rewards are available for
Ensure you select the correct wave for your deposit
Paste deposit note to verify it is valid for that commitment and unspent
If your deposit is withdrawn your note will be marked as "spent" and will not be eligble for rewards.
If available, a button to claim tokens will be show and your tokens will be relayed to your address that made the initial deposit
There is an offchain action that will check the nullifier hash of that note has not been spent.
Once claimed, you can withdraw your note and keep your deposit in Veil
Future Waves
Waves are planned to be started every 14 days. Future waves are subject to change in available slots and Veil token rewards.
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