Withdrawals
Purpose
Describes the rules governing user withdrawals of MPOW tokens from accumulated Reward Units.
Requirements
To perform a withdrawal, a user must:
- Maintain a Reward Balance ≥ minimum claim threshold.
- Provide and verify a compatible Web3 wallet (e.g. MetaMask).
- Confirm the claim amount in the app UI.
Process
- User selects a claim amount not exceeding current Reward Balance.
- A mint transaction is executed on-chain for that amount.
- Minted tokens are transferred directly to the user’s wallet.
- The claimed Reward Units are deducted from the user’s Reward Balance.
Timing
- Withdrawal processing may be synchronous or batched depending on implementation.
- Network congestion and gas conditions can affect confirmation time.
Constraints
- Submitted claims cannot be modified once on-chain minting has been initiated.
- Incorrect wallet configuration may result in irreversible loss of tokens.
- The protocol MAY enforce rate limits on withdrawal frequency to mitigate abuse.