2024-03-13 13:39:52
Splitting GOLD Split Token: What You Need to Know
The most important thing to know about splitting GOLD split tokens (GLS) is that the age of a GOLD split token does not reset with any incoming transaction. Remember, any outgoing transaction resets the age of the GOLD split token.
Until a user requests a reward for their first transaction with a GOLD split token, all subsequent incoming transactions of GOLD split tokens will not participate in the reward calculation.
After the first reward claim, all subsequent incoming transactions are summed up into one. Therefore, after receiving the first incoming transaction of GOLD split tokens, it is necessary to immediately request a reward after 24 hours. This will allow all your subsequent incoming transactions with GLS tokens to participate in splitting.
If a user does not request a reward from the first transaction with a GOLD split token, all subsequent GLS tokens that come to the wallet will not participate in the reward calculation. They will only be considered after requesting a reward for the first GOLD split token transaction and will be consolidated with previously existing tokens, starting the overall maturation process.
Let's illustrate with an example:Suppose you sent 1 GOLD split to SMART WALLET and did not request a reward after 24 hours. After that, you transferred another 1 GOLD split and want to request a reward. In this case, only the first transaction — 1 GOLD split — will be available for a reward claim after 24 hours. The second GOLD split transaction will be considered in the overall balance but will not be considered in the reward calculation until you request a reward. Only after requesting a reward and after another 24 hours, 2 GOLD split tokens will be considered in the reward distribution.
We recommend making payout transactions right before requesting a reward — when the GLS token is almost mature, so that all GLS tokens on your balance participate in subsequent reward calculations.
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