Vesting & Claim
Claim
Investors who are therefore fraction owners can claim their portion of the underlying fungible assets after the end of a vested sale.
Investors claim a portion of the wrapped assets equivalent to the proportion of fraction tokens they hold. This proportion is further released during a vesting schedule that holds:
- cliff date: after 3 months
- a first % at initial release: 20%
- the period of a release: monthly or hourly..
- vesting duration: 18 months.
The investor or fraction holder then claims a proportion of underlying fungible assets following a sale vesting schedule in compatible markets.
Re-wrap
After an asset or a portion of an asset has been unwrapped, circumstances may change, necessitating its return to a tokenized state. The "re-wrap" involves changing the underlying asset stored in the sale's vault giving flexibility in asset management.
Scenario
An investor participates in a token sale and purchases a fraction of the sale. The issuer sets the sale to distribute a fungible token after 6 months over 18 months, released every month, to limit the impact on price.
The investor:
- Passes KYC on Compilot
- Purchases fraction tokens during a sale
- Waits 6 months
- Claims first pool of tokens
- Claims continuously every month for 18 months
Updated 25 days ago