New 30-Day Expiration Policy for Reward Checks
Important Update: Reward Check Expiration Policy
Starting with Epoch 18 reward distributions, all XRP reward checks carry a 30-day expiration date from the time they are issued.
Why This Change?
Our wallet needs to reserves 0.2 XRP for each uncashed XRPL Check that we issue. Shortening this expiration date allows us to continue to distribute rewards of any size, no matter how small. This favors smaller traders and lets newly registered users earn rewards for any qualifying trade they perform.
What You Need to Know
⏰ Expiration Timeline
- All checks from Epoch 18+ expire 30 days after issuance
- Expiration dates are now displayed in your My Rewards page
🎯 How to Check Your Rewards
- Visit your My Rewards page
- View the new Expiration column in the Reward Checks table
- Cash your checks before they expire using the Cash button
💡 Pro Tip: Set up email notifications to get reminders about uncashed checks!
Questions?
This change ensures XRPLiquid can continue rewarding all market makers, regardless of trading size. If you have questions about this policy, reach out to us on Telegram, X, or the #xrpliquid channels in the Hummingbot Discord.
Remember: Cash your reward checks within 30 days to avoid expiration! 🎯