Echelon: Frozen Yields Campaign
Frozen Yields is a limited-time Aptos winter incentives campaign offering $30,000 in rewards with 30-day vesting. Rewards are distributed daily based on net supply added after the campaign start.
Campaign Timeline
Start: Dec 15, 23:00 UTC
End: Jan 15, 23:00 UTC
Only net supply added after the start time is eligible.
Eligible Assets
Rewards are allocated across stablecoins as follows:
USDC: 80% of total rewards
USDT: 20% of total rewards
How Rewards Are Calculated
Net Supply
Your net supply is defined as:
Only positive net supply counts toward rewards.
Daily Reward Accrual
Rewards are earned daily
Rewards are based on net supply added after the campaign starts
Rewards are displayed live in the UI
Withdrawing supply stops new rewards from accruing during that period
30-Day Vesting Mechanism
Each day’s rewards are subject to a 30-day vesting period:
Rewards earned on Day N unlock on Day N + 30
Rewards unlock based on your net supply at vesting time, not at accrual time
Reward Scaling at Vesting
At vesting time:
If your net supply is unchanged or higher → 100% of rewards unlock
If your net supply is lower → rewards unlock proportionally
If net supply is zero → rewards do not unlock
Any rewards that fail to unlock are redistributed to eligible users.
Withdrawals & Re-Supplying
Withdrawing supply
Pauses new reward accrual
Does not immediately forfeit previously earned rewards
Previously earned rewards
Can still unlock only if you re-supply and maintain the required net supply during their vesting window
Summary of Campaign Mechanics
Rewards are based on net supply added after campaign start
Rewards accrue hourly
Each day’s rewards unlock 30 days later at an hourly rate
Net supply = supplied balance − stable borrows
Unlock amount depends on net supply at vesting
Lower balance → proportionally fewer rewards
Withdrawals pause reward accrual
Undistributed rewards are redistributed
FAQ
What happens if I withdraw before rewards vest?
You unlock rewards proportional to the balance you keep. Any unvested portion is redistributed.
Can I withdraw and re-supply later?
Yes. However, you do not earn rewards while withdrawn.
If I fully withdraw, do I lose all rewards?
You stop earning new rewards
Previously earned rewards can still unlock only if you re-supply and maintain the required net supply during their vesting window
Will I lose my rewards for the entire day if I withdraw and re-supply briefly?
No. Rewards accrue hourly, not daily. You only miss rewards for the hours you’re withdrawn. Rewards resume once you re-supply.
TL;DR
Supply USDC or USDT after the campaign starts → Earn rewards daily → Keep your net supply → After 30 days, rewards unlock → Same balance = 100% rewards, lower balance = reduced rewards
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