> For the complete documentation index, see [llms.txt](https://bonfire-5.gitbook.io/bonfire/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bonfire-5.gitbook.io/bonfire/vesting-rewards.md).
# Vesting Rewards
#### **Vesting Mechanics**
The vesting period is an **optional 8-day timeframe**. During this time, users have the choice to claim their mined BFX tokens immediately or wait for full vesting to maximize their rewards
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**Claiming During Vesting**
* Users can claim their mined BFX tokens anytime after the mint day being claimed has concluded.
* If claimed **before the 8-day vesting period concludes**, a portion of the mined tokens will be forfeited based on the day of the claim. (Up to 8% Max)
* Forfeited tokens are added to the **Vesting Rewards Pool** to reward users who hold their tokens longer for each individual minting day.
**Vesting Schedule (Example)**\
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Each miner follows its **own vesting schedule**, meaning miners from different days will vest separately. For example:
* **Day 1:** User Mines BFX. Nothing is claimable until the next Day.
* **Day 2:** User can claim **92%** of Day 1’s mined BFX.
* **Day 3:** User can claim **93%** of Day 1’s mined BFX.
* **Day 4:** User can claim **94%** of Day 1’s mined BFX.
* **Day 5:** User can claim **95%** of Day 1’s mined BFX.
* **Day 6:** User can claim **96%** of Day 1’s mined BFX.
* **Day 7:** User can claim **97%** of Day 1’s mined BFX.
* **Day 8:** User can claim **98%** of Day 1’s mined BFX.
* **Day 9:** User can claim **99%** of Day 1’s mined BFX.
* **Day 10:** The user’s Day 1 miner becomes **fully vested**. The user can now claim:
1. **100% of Day 1’s mined BFX tokens.**
2. **A share of the Vesting Rewards Pool** “Up to a maximum 300% additional BFX from Vesting.”
**Vesting Rewards Pool**\
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The Vesting Rewards Pool is designed to incentivize long-term holding. Users who wait for the full Vesting Period to complete, or longer to claim, will receive **additional rewards** from this pool.
**Key Points:**
* The pool is funded by forfeited tokens from early claims during the vesting period.
* Rewards are distributed proportionally based on a user’s SBP relative to the remaining total SBP.
* Users who fully vest and claim after the 8 day Vesting Period, will receive **their share** of the Vesting Rewards Pool “Up to a maximum 300% additional BFX from Vesting.”
**Formula for Fully Vested Claims:** The total claimable vesting bonus amount when fully vested is calculated as follows:\
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Total Vesting Bonus Claimable =
`((User's SBP * Vesting Bonus Pool) / Total SBP From Remaining Users) / 2`
This amount is capped at a maximum of 300% the user's BFX mined for the day.
#### **Mining Phase Fully Vested Claim**
1. **Withdrawal Distribution:**
* 50% of the user's Vesting Bonus is withdrawn directly to their wallet.
* The remaining 50% is redistributed to the unclaimed users for the day, increasing their Vesting Bonus proportionally.
2. **Vesting Cap:**
* If the user's Vesting Bonus exceeds the cap of 300% their daily BFX mined, the excess amount is distributed evenly across the next 8 Mining Days' Vesting Pool.
3. **Last Man Standing:**
* Once the 'Last Man Standing' claims, the 50% of their Vesting Bonus is evenly distributed to the next 8 Mining Days' When the final user claims their bonus for the day ("Last Man Standing"), 50% of their Vesting Bonus is evenly distributed to the Vesting Pool for the next 8 Mining Days.
#### **Recycle Phase Fully Vested Claim**
*Effective starting Day 361*
**Claiming Before Day 369 -**
1. **Withdrawal Distribution:**
* 50% of the user's Vesting Bonus is withdrawn to their wallet.
* The other 50% is redistributed to the unclaimed users for the day, increasing their Vesting Bonus proportionally.
2. **Vesting Cap:**
* If the user's Vesting Bonus exceeds the cap of 300% their daily BFX mined, the excess amount is added to the Recycle Pool.
3. **Last Man Standing:**
* When the final user claims ("Last Man Standing"), 50% of their Vesting Bonus is directly added to the Recycle Pool.
**Claiming On or After Day 369:**
1. **Withdrawal Distribution:**
* 50% of the user's Vesting Bonus is withdrawn to their wallet.
* The remaining 50% is redistributed to the unclaimed users for the day, increasing their Vesting Bonus proportionally.
2. **Vesting Cap:**
* If the user's Vesting Bonus exceeds the cap of 300% their daily BFX mined, the excess amount is evenly distributed to the next 8 Mining Days' Vesting Pool.
3. **Last Man Standing:**
* When the final user claims ("Last Man Standing"), 50% of their Vesting Bonus is evenly distributed to the Vesting Pool for the next 8 Mining Days.
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**Maximize Your Earnings**
By waiting for full vesting, users not only secure 100% of their mined BFX tokens but also earn a share of the Vesting Rewards Pool. The longer you hold, the more you can earn in BFX! Vesting Bonus is Capped at 300% to protect the integrity of the protocol.\