Claim Project Tokens on Propellor
After participating in a project lottery on Propellor, claiming your allocated tokens is a crucial final step. This guide outlines how to claim your tokens once the lottery concludes.
Check Your Allocation Status
- Connect your wallet and navigate to your portfolio page.
- Check your allocation status alongside the project’s name to confirm the number of tokens available to claim.
Understanding the Vesting Schedule
- Familiarize yourself with the vesting schedule for the project tokens. This schedule dictates when and how your allocated tokens will be released.
Initiating the Token Claim
- Once tokens are available for claiming (per the vesting schedule), a ‘Claim’ or “Early Claim” button will be visible on your dashboard next to the project details.
- Click the ‘Claim’ button and follow any prompts to confirm the transaction. This may involve interacting with your connected wallet and confirming the transaction there.
Confirming the Transaction
- Wait for the blockchain to confirm your transaction. This duration can vary based on network congestion and the blockchain used.
- Be aware that claiming tokens might involve blockchain transaction fees (gas fees).
Receipt of Tokens
- Once the claim is processed and confirmed on the blockchain, your tokens will be transferred to your connected wallet.
- Your Propellor portfolio will also update to reflect the received tokens.
Follow-Up
- For tokens with an extended vesting period, regularly check your portfolio for updates on the next available claim.
- Repeat the claim process as more tokens become available according to the vesting schedule.