In this article, we will guide you how to claim your $PROPC tokens on the Propchain Official Token Dashboard.
Users can claim $PROPC tokens based on their vesting contracts and staking rewards through the Propchain’s official Token Dashboard. The Token Dashboard is designed to provide users with a comprehensive understanding of the $PROPC token. It allows users to actively participate in staking within the $PROPC ecosystem and claim tokens based on the Vesting schedule and rewards offered through our Staking program.
Step 1: Connect your wallet
Head over to the top right corner and click on ‘Connect Wallet’ to connect your Metamask wallet to the dApp. You will then see your personalized Dashboard based on your $PROPC holding in your wallet. To learn more about how to connect your wallet, click here.
Step 2: Click on “Claim now”
Claim your tokens by heading to the bottom right panel on the Dashboard. Here you will will able to find your Vested Tokens, Rewards and Vesting to Claim. Now click on to ‘Claim now’ to begin claiming through the Token Claims Dialogue box.
Step 3: Claim your Tokens
Check the dialogue box to view the claims for Vesting and Rewards that you are eligible to receive. Click on ‘Claim now’ to claim your Tokens as you desire.
Step 4: Approve on MetaMask
The last step to claim your tokens is to confirm the transaction on the Ethereum blockchain. A MetaMask notification will pop-up to confirm your transaction.
💡 Do note with each time you claim you will also have to pay gas fees to use the Ethereum Network.
Step 5: Congrats!
You have now made a successful claim of your token. You can find the amount of $PROPC you claimed on the token dashboard in the section “My $PROPC”.
Frequently Asked Questions (F.A.Q) #
- Is there a specific deadline for claiming my tokens?
You can claim it whenever you want. Every day a portion of the tokens is released and you could leave them on the dashboard to claim them later at once.
- Can the tokens be saved up in the dashboard and claimed in larger amounts later due to gas fees?
It is possible to leave the tokens on the dashboard to claim them all at once at a later time. This way you only have to pay the gas fees once instead of each time you want to claim the tokens.
- How much does it cost to claim my tokens?
To claim your tokens you need to use the Ethereum network. To use the network you will have to pay a small fee between $4-$10 depending on how busy the network is.
🚨 Please note: The amounts outlined above typically hover around that price range; however, we cannot guarantee anything.
- Can you explain the vesting schedule?
Seed round (19 Months locked): Every month 5.21% is being released with a daily interval. So 0.17% daily. The tokens start releasing 4 months after the listing (listing date 18th May).
Private round (19 Months locked): Every month 5.21% is being released with a daily interval. So 0.17% daily. The tokens start releasing 2 months after the listing (listing date 18th May).
Strategic/KOL round (19 Months locked): Every month 4.13% is being released with a daily interval. So 0.14% daily. The tokens start releasing 2 months after the listing (listing date 18th May).
🚨 Please note: If you are a DBM your tokens have been transferred to the team bucket that means that your tokens start releasing at 19th of May.
- What does vested means?
The tokens that you bought in a funding round are vested (vested is as per the SAFT), which means that they are locked for a certain amount of time. A small portion of the tokens will be unlocked on a daily basis as you can see in the token metrics above.
- Can I send my tokens from the dashboard to my Metamask?
Once you claimed your $PROPC through the dApp. The tokens will be stored in your MetaMask automatically. To add $PROPC to your MetaMask please check the following article.