Claim & Vesting

This section describes how ULAB rewards are claimed, vested, and optionally re-routed back into the Locker via Compound and Instant Lock.

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Claim & Vesting

When you press Claim (Start Vesting), the claimed ULAB starts a 90-day vesting schedule.

Let:

• $R$ = total reward amount in this vesting batch

• $d$ = days elapsed since vesting started (0 ≤ d ≤ 90)

Claimable amount:

$$\text{Claimable}(d) = R \times \Big(0.01 + 0.99 \times \frac{d}{90}\Big)$$

Penalty amount:

$$\text{Penalty}(d) = R \times \Big( 1 - \big(0.01 + 0.99 \times \frac{d}{90} \big) \Big)$$

• Day 0:

  • Claimable = 1% of R

  • Penalty = 99% of R

• Day 45:

  • Claimable ≈ 50.5% of R

  • Penalty ≈ 49.5% of R

• Day 90:

  • Claimable = 100% of R

  • Penalty = 0

Each Start Vesting action creates a separate, independent 90-day stream.

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Compound (Pre-Vesting)

Compound uses rewards that are not yet vesting (Pending ULAB) and sends them directly into the Locker as LP.

• Source: Pending ULAB (before Start Vesting)

Flow:

1. Select the amount of Pending ULAB.

2. Use Borrow/Zap/Wallet funds to create ULAB LP.

3. Choose lock duration (minimum 90 days up to 2 years).

4. Lock LP → receive xULAB.

This effectively converts short-term rewards into long-term locked liquidity and more xULAB, instead of liquid ULAB.

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Instant Lock (In-Vesting)

Instant Lock uses rewards that are already vesting.

• Source: Vesting ULAB (after Start Vesting)

Flow:

1. Select a portion of vesting ULAB.

2. Use Borrow/Zap/Wallet funds to create ULAB LP.

3. Choose lock duration (minimum 90 days up to 2 years).

4. Lock LP → receive xULAB.

Both Compound and Instant Lock share the same “Create LP & Lock” UX; they differ only in where the ULAB comes from.

Comparison:

Mode	ULAB Source	Vesting State	Result
Compound	Pending ULAB	Not vesting	LP + xULAB (no vest)
Instant Lock	Vesting ULAB	Already vesting	LP + xULAB (converts vest)