Redemptions for Simple Earn Blockers are open daily between 00:10 and 23:50 (UTC+0).
Each Blocker has its own individual subscription and email limits. Once reached, subscriptions will no longer be processed, including Auto-Subscribe requests.
Blocked ones will automatically be redeemed in full on the redemption date. You can still choose to redeem your full balance at any time before the redemption date, but you will forfeit any rewards you have received or accumulated up to that point.
2.How it works:
Subscriptions are immediate, and your assets are transferred from your Spot Wallet to the chosen Block after confirming the subscription.
1.What are Blocked?
Simple Earn Lockers offer higher rewards in exchange for your assets committed for fixed terms with predetermined redemption dates.
You can choose to redeem your asset to your Spot Wallet or subscribe to Flexible of the same cryptocurrency in your Earn Wallet, along with the last day's accumulated rewards.
Assets subscribed to Flexibles generate rewards every minute and can be redeemed at any time.
3. Auto-Subscribe: - The Auto-Subscribe function allows you to automatically renew your existing position in a Locked for a new term of the same period after expiry. - Renewals will only consist of the original value of your initial subscription, while rewards will continue to be sent to your Spot Wallet. -Auto-Subscribe is only available to select Lockers and can be activated from the subscription screen or in your Earn Wallet. Rewards for the new term will begin accruing on the day of renewal and will be distributed to your Wallet
