How and when bonuses are converted into 8LNDS tokens (Snapshot)
2026/06/03
3分
A Snapshot is the moment when the platform records all bonus points a user has accumulated during the week, resets the bonus balance to zero, and processes the recorded amount into 8LNDS tokens through the Reward System. The Snapshot runs automatically every Saturday. No action is required from the user. Before the Snapshot, bonuses are an internal activity indicator. After it, they become tokens subject to vesting.
What happens during the Snapshot
On Saturday, the platform runs through the following sequence automatically:
— All bonus points accumulated since the previous Snapshot are recorded by the system.
— Bonus accumulation for the current period closes — points earned after this moment belong to the next cycle.
— The recorded bonus amount is used to calculate the number of 8LNDS tokens to be assigned to the user.
— The bonus balance resets to zero and a new accumulation period begins.
— The Reward System smart contract executes the buyback → burn → mint mechanism and assigns tokens to the user.
— Vesting starts immediately: the assigned tokens appear in the total Tokens 8LNDS balance, and the first 2.5% moves to Claimable status.
Bonuses do not disappear at the Snapshot. They move to the next stage of the system and become tokens.
The conversion formula
The number of tokens a user receives is calculated using a fixed formula:
100 bonuses = $1.00 in 8LNDS tokens
The number of tokens depends on the market price of 8LNDS at the time the Reward System executes the buyback. Example: a user accumulated 1,000 bonus points during the week. This equals $10 in tokens. If the token price at the time of the Snapshot is $0.005, the user receives 2,000 8LNDS tokens. The conversion formula is fixed; if it changes, users are notified in advance.
What the user sees after the Snapshot
After the Snapshot is completed, the Bonuses section shows:
— Bonus balance: 0 (reset, new accumulation period has started).
— Tokens 8LNDS: updated with the newly assigned amount.
— Claimable tokens: the first 2.5% of the newly assigned tokens, ready to be credited to Available balance by pressing Claim.
— Available tokens: tokens already credited and ready to exchange via Swap & Withdraw.
If no bonuses were accumulated during the week, the Snapshot runs but no tokens are assigned for that cycle.
When the Snapshot schedule can change
The Snapshot currently runs every Saturday. The schedule, conversion formula, and other parameters may be updated as the platform develops. Any material changes are announced to users in advance.
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