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Coreezy

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Frequently asked questions

Straight answers about staking with Coreezy, COREZ, the Vault, NFTs, the Sloth Race and staying safe.

General

What is Coreezy?
Coreezy is a community ecosystem on the TX network, operated by Coreezy Vibes LLC. It runs a validator, the COREZ community token, the Coreezy Vault, NFT collections and the Sloth Race.
What is Eezy OS?
Eezy OS (opens in a new tab) is a separate product of Coreezy Vibes LLC. Some Coreezy features, such as the partner directory and minting, are hosted there.

Staking with Coreezy

How do I stake with Coreezy?
Open the Coreezy validator on TXDex (opens in a new tab), connect a wallet that supports the TX network, choose an amount and approve the delegation in your wallet. Your TX stays yours: it is staked, not sent to Coreezy. Step by step: Validator.
What is the commission?
The commission is 5% today, read live from the TX network. It can't rise above its on-chain maximum.
How long does unstaking take?
Unstaking takes 7 days. During that time your TX earns no rewards and can't be moved. This is a TX network rule, the same for every validator.
When do I get rewards?
Rewards build up over time. Claim them or restake them whenever you like, or switch on REStake to restake them automatically.
What are the risks of staking?
The network can penalise a validator, and the stake delegated to it, for double-signing or long downtime; a penalty reduces delegated TX. Staking rewards depend on the network and can change, and the value of TX can fall as well as rise.

COREZ and the Vault

What is COREZ?
COREZ is Coreezy's community token. It isn't equity or any ownership interest in Coreezy Vibes LLC, and it gives no corporate voting rights. Details: COREZ tokenomics.
How do I make sure I have the real COREZ?
Always check the token denom before trading. The tokenomics page shows the one denom that is COREZ.
What is the Coreezy Vault?
The Vault receives a share of applicable validator rewards and commission, and its balances are shown from the TX blockchain on the Vault page. Allocations describe how applicable rewards are directed; they are not promises of any amount or timing.

NFT collections

What do OG NFT holders receive?
40% of applicable Coreezy Vault rewards go to the OG reward pool. Each eligible NFT gets the same share, based on who owns it at the distribution snapshot. Rewards aren't guaranteed in any amount, or indefinitely. Details: NFT collections.
Do I need to claim OG rewards?
No. Coreezy makes distributions to holders, manually with some automation, so timing and amounts vary.
Do NFTs give a Sloth Race advantage?
No. Owning an NFT never changes a sloth's speed. Each class (Baby, Teen, Adult) travels at its own speed and races only its own class; within a class, the only extras come from the published bonuses: restaking, the daily check-in, social boosts and Liquidity Explorer.

Sloth Race

What is the Sloth Race?
A race for people who delegate TX to Coreezy. Each sloth travels from Costa Rica to Tokyo; staying staked and engaging every day moves it further, and the sloth that has travelled farthest in each class wins. Rules and leaderboard.
Does delegating more make my sloth faster?
No. Every racer travels the same base distance each day they're staked and awake. Your delegation only decides your class (Baby, Teen or Adult), fixed for the season.
How do I go further?
+10% for restaking (REStake or by hand), +2% for a daily check-in (recorded automatically when you open My Sloth signed in), social boosts up to +37%, and +3% with Liquidity Explorer. Claim boosts on My Sloth too.
What happens if I move some stake to another validator?
Staking with other validators too is welcome. You can move up to 20% of your Coreezy delegation elsewhere with no effect. Drop more than that below where you started and your sloth sleeps for 3 days and travels no distance.
How are prizes funded?
By 1% of Coreezy validator commission, split 60% Adult, 30% Teen and 10% Baby. You need at least 100 TX delegated at the end of the season to win.

Staying safe

Will Coreezy ever ask for my keys or a transaction?
No. Coreezy will never ask for your seed phrase or private keys, and never asks you to sign a transaction to receive a prize. We contact a racer only about a race decision or to ask a prize winner for information the law requires. Signing in to the Sloth Race only asks your wallet to sign a message that sends nothing and grants no permissions.
Which links are official?
This website, @CoreezyVibes on X (opens in a new tab) and the Coreezy Telegram (opens in a new tab). When in doubt, ask in the community or email support@coreezy.xyz.

Still have a question? Contact us or ask in the Telegram community (opens in a new tab). Nothing here is investment, legal or tax advice.