FAQ
What is Exit Tech, and how does it solve the liquidity problem for locked assets like esGMX? Exit Tech is a platofrm, or a marketplace where exitors unlock liquidity from their locked positions, while stakers earn boosted yields for providing liquidity.
How do exitors decide how much of their esGMX yield to allocate as incentives for stakers? Exitors choose a portion of their esGMX yield as incentives to attract stakers. Higher incentives can bring in more liquidity.
What happens if a Pool Creator decides they no longer wish to use Exit Tech? Pool Creators may cancel their vesting pool at anytime before the first deposit by GMX/GLP Stakers.
Can a Pool Owner also help themselves vest and earn boosted rewards on their staked GMX? Yes, you can simply deposit into your pool via a different address.
What happens to my GMX or GLP tokens when I stake them on Exit Tech? Are they locked? For how long? Staked GMX or GLP tokens are vesting for 1 year when supporting exits. You earn base yields plus additional incentives, which you can claim every block.
How do stakers earn boosted GMX rewards? Who funds these rewards? Stakers earn boosted GMX rewards funded by exitors who allocate a portion of their esGMX yield as incentives.
What is the 10% protocol fee, and when is it applied to esGMX exits? A 10% fee is applied only to esGMX when it’s claimed after vesting.
How does Exit Tech calculate the value of locked positions dynamically? What inputs does it
What are the key benefits for stakers in Exit Tech compared to staking directly on GMX? Stakers earn the same base GMX yield as on GMX, plus additional GMX rewards funded by exitors.
How is the referral program structured, and how do I qualify for higher referral tiers? Referral rewards scale with referred TVL. You advance tiers by increasing the total value locked through your referral.
What happens during the special 4-week launch promotion for the referral program? How can I benefit? During the launch, early participants get Tier 3 referral codes, earning the highest rewards from the start.
How does Exit Tech benefit the Bonsai DAO ecosystem and $BONSAI holders? At Exit Tech's TGE, $Bonsai holders will receive a token airdrop.
What is the best way to ensure eligibility for the Exit Tech token airdrop at TGE? Holding $BONSAI tokens is the simplest way to participate in the TGE and receive airdrop allocations.
Can stakers claim rewards at any time, or do they have to wait for vesting to complete? Stakers can claim GMX rewards and incentives at any time, without waiting for vesting.
Will there be additional assets supported on Exit Tech? What assets are coming next? Yes, Exit Tech will support additional assets like veAERO, veVELO, and xGRAIL.
How can I track my referral performance and rewards on the Exit Tech UI? The Referral Dashboard shows your rewards, referred TVL, and progress toward the next tier.
Is the referral program open to everyone, or is it limited to specific users? After the first 4 weeks, the referral program will be open to everyone.
How does the Yield Distribution system work for stakers? What determines their share of rewards? Rewards are distributed proportionally based on a staker’s share of liquidity in the staking pool.
What happens if I exit my esGMX position before vesting completes? Do I lose my rewards? You don’t lose rewards. Exitors continue to earn esGMX yield even while exiting.
How does Exit Tech ensure fair incentives for both exitors and stakers? Exitors provide yield incentives to attract stakers, creating a balanced system that benefits both sides.
What is the benefit of using Exit Tech as opposed to waiting for esGMX to unlock naturally? Exit Tech allows exitors to start vesting as soon as they get some of the deposits. They don't need any extra capital on their own and they can still retain some of the yield rewards.
How can I create my own referral code? Can I edit or delete it later? You can create a referral code directly through the UI. Codes cannot be edited but can be replaced.
What happens if there is low demand for staked GMX or GLP in the Exit Tech pools? How does this affect exits? Low demand increases the discount rate for exits, making it more attractive for stakers to participate.
How does the Vesting Valuation Curve reflect market conditions naturally? What affects the curve? The curve adjusts dynamically based on market activity. Low demand increases discounts, while high demand tightens them.
How is Exit Tech’s Vesting Valuation Curve different from other liquidity valuation models in DeFi? It dynamically reflects market demand without manual intervention, ensuring fair and natural pricing.
What will happen to Exit Tech after the TGE? How will governance change? Exit Tech will act as its own DAO post-TGE, with it's own community-driven governance.
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