Yesterday, Switchere allocated Viking FEHU tokens to Switchere wallets. You will now be able to access your statement within your Switchere account, so we thought it might be helpful to provide a breakdown of what you will see.
In this example statement, the blue block at the bottom shows the airdrop of the funds into your account - the total number of tokens airdropped to you yesterday.
The red block shows the designated vesting amounts as per the white paper, which you can view on our website.
These are 10%, 15%, 20%, 25% and 30% - totalling 100% - of the amount in the blue block.
Why the negative numbers?
These are shown as negative numbers because they can be deducted from the Switchere wallet and used or spent once available, as per the vesting schedule.
As a refresher, the vesting schedule is:
10% on 12 September 2024
15% on 12 October 2024
20% on 12 November 2024
25% on 12 December 2024
30% on 12 January 2025
The balance in the first line of the red block shows 0 to indicate a balance of the amount in the blue block and the amounts added together in the red block.
Here you can see the amount of FEHU allocated to you (which matches the figure in the blue block):
Switchere have also said that they will be rolling out improvements to this statement next week, which will make it more legible - as well as making the vesting dates more obvious.
Keep an eye out for more news and updates!
The Viking Fehu team