Staking rewards have already stopped. Redeem YAK for WAVAX across two claim rounds. Vault yield stops on December 1. Withdraw your deposits.
Staking rewards have already stopped. Redeem YAK for WAVAX across two claim rounds. Vault yield stops on December 1. Withdraw your deposits.
Staking rewards have already stopped. Redeem YAK for WAVAX across two claim rounds. Milk vault yield stops on December 1.
Already happened
Withdraw YAK from the staking contract and the autocompounder. Check other chains and bridge back if needed.
| Status | Staking Rewards Ended |
|---|---|
| Action | Withdraw YAK from the staking contract and the autocompounder. Check other chains and bridge back if needed. |
Round 1
There are 30,750+ AVAX to distribute to YAK holders. Treasury YAK balance will not be redeemed. Distribution will last for 30 days. Shortly after Round 1, Round 2 will start. YAK will have no utility after Round 1.
| Status | Not started |
|---|---|
| Action | Redeem YAK for WAVAX at a fixed rate. |
| Amount | 30,750+ AVAX to distribute to YAK holders |
| Eligibility | YAK holders. Note: Treasury YAK balance will not be redeemed. |
| Duration | 30 days |
| Important | YAK will have no utility after Round 1. |
Round 2
The second distribution claim opens, exclusive to Round 1 participants. Leftover AVAX from Round 1 and other sources will be available for distribution. Distribution will last for 14 days.
| Status | Starts shortly after Round 1 ends. |
|---|---|
| Action | Claim WAVAX at a variable rate. |
| Amount | Leftover AVAX from Round 1 and other sources |
| Eligibility | Exclusive to Round 1 participants |
| Duration | 14 days |
Early November
Deposits are being disabled. In some cases, yield will stop.
| Status | In progress |
|---|---|
| Action | Withdraw your deposits from Vaults and Strategies. |
| Effect | Deposits are being disabled. In some cases, yield will stop. |
December 1
Yield stops on Milk Vaults.
| Start | December 1 |
|---|---|
| Action | Withdraw your deposits. |
| Effect | Yield stops on Milk Vaults. |
These are the places to withdraw positions and prepare for the YAK token redemption.