Selling rewards

Your rewards are locked from selling until two conditions are met:

1. The community graduates from the bonding curve. Learn more about graduation here.
2. The community coin price hits your reward price target

<aside> 💡 Coins bought on the bonding curve or on Uniswap are not affected by lockups.

</aside>

Selling unlock thresholds

Rewards from each post are unlock based on 4 price targets:

• 10% unlocks at +10%
• 40% unlocks at 2x
• 30% unlocks at 5x
• 20% unlocks at 10x

Price target calculations

Price targets are calculated based on the price of the community coin at first like. If the rewards were earned before community graduation, price targets are calculated based on the graduation price.

Example #1

1. Frank earns 100 $SHIBALIFE as rewards for a post before the community graduates.
2. The community graduates at a theoretical graduation price of 0.01 ETH per $SHIBALIFE.
3. Frank will be able to sell:
   1. 10 $SHIBALIFE if the price reaches 0.011 ETH per token
   2. 40 $SHIBALIFE at 0.02 ETH per token
   3. 30 $SHIBALIFE at 0.05 ETH per token
   4. 20 $SHIBALIFE at 0.10 ETH per token

Example #2

1. Bob stakes to a Shiba Life post after the community has graduated. The price is currently 0.1 ETH per $SHIBALIFE.