Claiming Rewards

A Step-By-Step Guide To Claiming Your Rewards

Navigating Reward Claims on the Staking Platform

Accessing Your Staking Account

• Platform Login: Sign in to the Meme Kombat staking platform where your $LUKT tokens are actively staked.

Claiming Your Staking Rewards

• Finding the Claim Option: On your dashboard, look for the "Claim Now" button, usually located in the section displaying your staking details and accumulated rewards.

• Initiating Reward Claim: Press "Claim Now" to start the reward claim process. As this occurs off-chain, it doesn't need blockchain confirmation and is free from network fees.

Understanding the Lock Period Reset

• Automatic Lock Reset: Claiming rewards automatically refreshes the lock period for your staked tokens to 10 days.

Confirming Your Claim

• Claim Confirmation: After clicking "Claim Now," expect to see a message or indicator confirming the successful claim of your rewards.

Managing Post-Claim Staking

• Staking Claimed Rewards: Any claimed rewards are immediately added to your staked balance and start earning new rewards at the same APY rate.

Strategic Considerations

Remember, claiming rewards resets the lock period for all staked tokens. If you're considering unstaking soon, timing your claims is crucial to align with your financial strategy.

This step-by-step guide aims to simplify the reward claim process on the staking platform, ensuring you can efficiently manage your investments and plan your staking activities with confidence.