We are preparing a major improvement to the Wallek staking system. This update will simplify the entire unlock and vesting experience for users.
A. All LYK & sLYK Wallek Will Become Unlockable Immediately
Every existing stake — regardless of its original duration — will become eligible for unlocking once the update is released.
Example: If someone had a stake originally ending in 2027, it will now show an Unlock option as soon as this new feature goes live.
B. On-Chain Movement for Released LYK from Wallek
Whenever users unlock and claim their LYK, the tokens will now be sent fully on-chain to the user’s wallet. You’ll also see the blockchain transaction reference inside your activity history for transparency.
Once a user unlocks their sLYK collateral, the released amount will now follow a 500 day vesting schedule.
Vesting begins on the exact day the user presses the Unlock button
The released balance is distributed evenly across 500 days
All existing validation rules remain unchanged
Adjustment for Users Already in a Vesting Cycle
If you already had sLYK vesting under the old 300-day process, it will be recalculated to match the new 500-day schedule.
You will not lose any past progress, all previously claimed days remain credited, and the remaining balance is simply spread across the remaining days out of 500.
This ensures a smooth and fair transition for everyone.
NodeK and Supernode rewards were not generated today due to a temporary internal processing issue. The team is already working on restoring the cycle, and all pending rewards will be generated correctly once the process completes.
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