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Bucket stages explained
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Written by Primex Finance
Updated over a year ago

There are several stages in the bucket lifecycle:

  1. Bucket deployment (Accumulation stage starts).

    NOTE: Actual Interest Rate is showing for active and Stabilization buckets only. In the Accumulation stage, you will see the approximate Estimated Interest Rate which may change after the bucket launches. For more details, please see Bucket parameters explained.

  2. Deadline: if the bucket does not gather enough liquidity before the deadline, the Bucket's liquidity mining (Accumulation stage) is considered a failure, and lenders do not receive ePMX.

    If Accumulation fails, you can either Withdraw your deposit or Transfer funds into another Bucket to save a portion of ePMX rewards earned. Just hover over the failed bucket, choose one of the options, and then confirm the transaction in your wallet.

  3. Bucket launch (Accumulation successfully concludes and Stabilization stage starts): must happen before the deadline. It is the moment when the bucket has gathered enough liquidity.

  4. Stabilization end: occurs at a specified time after the bucket launch, and can happen either before or after the deadline.

  5. Active Bucket stage


IMPORTANT: Once the Bucket moves to the Stabilization stage, Lenders' liquidity will be locked and they can't withdraw it. On the other hand, Lenders depositing assets into Buckets in the Stabilization stage have the flexibility to withdraw their funds at any time. However, they do not earn any ePMX rewards related to liquidity mining.

For a detailed explanation of the Bucket liquidity mining process and stages, please see Liquidity Mining in Credit Buckets.

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