Redeem

Why Guardian use Redemption?

Redemption is a core feature designed to enhance the value of $GUARD . After a designated staking period, you can redeem your $GUARD directly without engaging the market, ensuring you receive the true current market value. This not only helps you bypass sell tax but also bolsters the protocol’s sustainability, as $GUARD and $bGUARD tokens redeemed for $wS are permanently burned.

Redemption Rates and Periods

At RocksProtocol, the 'Staking'' feature offers users the ability to tailor their staking strategies according to their risk preferences and market conditions, using two distinct Redemption rates for our $GUARD token:

1. Fixed Rate: This rate is calculated based on the last batch of bonds prices. Typically higher, the Fixed Rate provides added security and rewarding benefits for those who consistently contribute to the pool. It’s ideal for users looking for predictable returns and less exposure to market volatility.

2. Real-Time Market Price: Directly aligned with the current market price of $GUARD , the Variable Rate offers a more dynamic approach. This can be a riskier strategy but allows for potentially higher rewards in favorable market conditions. It’s suited for users who are comfortable with market fluctuations and wish to capitalize on immediate market prices.

Warm-up Periods:

• $GUARD : There is a warm-up period of 3 days for $GUARD stakers before the first epochs available to redeem, allowing the protocol to secure and stabilize the Treasury.

• $bGUARD : There is no warm-up period for $bGUARD stakers, enabling immediate participation and flexibility.

$GUARD and $bGUARD holders may choose to stake at either the Fixed or Variable Rate, or employ a combination of both to diversify their staking approach and optimize their potential returns based on their individual risk tolerance

How Does It Work?

1. Select either $GUARD or $bGUARD and use 'Staking'.

2. Choose your Redemption rate:

   • Fixed Rate: redeem your $GUARD or $bGUARD at a predetermined value.

   • Real-Time Market Price: The redeem value will be equal to the market price of $GUARD at the moment you redeem it.

3. Redemption is unlocked proportionally to the amount you've staked. Each epoch, approximately 3.57% of your staked deposit becomes available for Redemption.

4. Redeeming your tokens allows you to avoid the sell tax.

5. 100% of the $GUARD or $bGUARD tokens redeemed rare permanently burned, enhancing buying pressure and reducing selling pressure.