What is the Claim feature?
Claim is a feature that allows you to Claim the $SWEAT you earned from walking by clicking the "claim" button within the Sweat Wallet app. The goal at Sweat Economy has always been to keep the community moving, and part of that goal involves taking ownership over the $SWEAT you earned.
If I don’t Claim within 30 days, what happens?
Based on a community vote in April 2024, walked-for $SWEAT that hasn’t been claimed for 30 days will start to be evaporated, or burned, in the order that it was minted. To avoid this, just log into your Wallet regularly and start claiming your $SWEAT.
Regarding your existing $SWEAT balance, don’t worry, this is already “claimed” and won’t be evaporated even if you don't claim on your new earnings. Evaporation will only occur on new earnings which are unclaimed.
What is evaporation?
Evaporation, or burning, is what happens to $SWEAT that hasn’t been claimed in more than 30 days.
Why do I need $NEAR to Claim my $SWEAT?
All transactions on the blockchain require a fee. Initially, we were covering that fee on your behalf, but as our community grows, that payment is unsustainable. In order to use DeFi products, you need to cover a gas fee. You can think of it like a processing fee, but it’s essentially the cost of making blockchain transactions.
My $SWEAT was burned and I had no idea!
Starting April 13, 2024, we sent out multiple emails, pushes, in-app warnings, and recurring notifications to alert you before and during your $SWEAT evaporation process. To stay up to date, make sure you turn on notifications so you get notified whenever product changes take place.