ProvenAXIOM FAQ

Q0: Where to buy ProvenAXIOM?

We strongly suggest you not to buy ProvenAXIOM on the market due to low liquidity. Instead, the ideal way is to buy Axiom and go to

Q1: How is APR estimated?

APR calculations are based on price. Right now, the price of ProvenAXIOM will be estimated based on the number of Axiom locked and ProvenAXIOM minted.

We know the price of AXIOM, then we will estimate ProvenAXIOM price based on the ratio. We will use that until there is a market for ProvenAXIOM.

Q2: How much ProvenAXIOM will I receive when I stake AXIOM?

The logic is:

• The maximum duration to lock is 3 years (1095 days)

• Example 1: If you lock 100 AXIOM for the max duration you will get 100 ProvenAXIOM

• Example 2: If you lock for a shorter duration, like 100 days, then you will get 100 AXIOM * (100 / 1095) = 9.13 ProvenAXIOM

Q3: When I unstake AXIOM, (assuming no early penalty) do I get the original amount of AXIOM back or do I now have ProvenAXIOM?

Lock AXIOM -> get ProvenAXIOM

Unlock AXIOM -> burn ProvenAXIOM

Q4: What if I sell my ProvenAXIOM on a DEX? How would I unlock the AXIOM I initially locked to get ProvenAXIOM?

In order to unlock your AXIOM, you need to hold the required amount of ProvenAXIOM in your wallet, meaning you would need to acquire more. You can not sell your ProvenAXIOM and then unlock your initial AXIOM.

Q5: Is it possible to unlock just a fraction of my AXIOM?

No, if you locked 100 AXIOM, you need to unlock all of them or nothing.

Q6: What if I want to withdraw my stake early?

In order to unlock AXIOM again, users will need to use the exact amount of ProvenAXIOM required.

There will be a 30% penalty for withdrawing early. That 30% is then burned. The early exit penalty effectively burns AXIOM immediately.

Q7: How can I acquire more ProvenAXIOM?

• You can simply increase the amount of AXIOM locked to get more ProvenAXIOM

• You also can increase the duration of AXIOM locked to get more ProvenAXIOM

Q8: Can I reduce my locked duration?

No, there is no option to reduce the duration. Withdrawing early results in a 30% early withdrawal penalty.

That 30% is burned. The early exit penalty effectively burns AXIOM immediately.

Q9: If I deposit more ProvenAXIOM, what happens to my claimable USDB?

A: It will be claimed when you deposit more ProvenAXIOM.

Q10: Can I have multiple staking durations? Like one for 1 week, a separate 1 for 1 month?

No. One wallet address allows for one duration. If you want multiple durations it is recommended to use multiple wallet addresses.

Q11: If I buy ProvenAXIOM on the open market, can I use it to unlock AXIOM?

No. If you don't have locked AXIOM then you can't unlock anything