What is Project Maximum Lock Limit and User Maximum Lock Limit?
Project Maximum Lock Limit is the maximum amount of ZMT that can be locked in a ZLaunch project’s pool by all participating users. In other words, the total amount of ZMT locked by all users in a ZLaunch project pool cannot be more than the Project Maximum Lock Limit.
User Maximum Lock Limit is the maximum amount of ZMT that a single user can lock for a ZLaunch project’s pool.
Users cannot lock any more ZMT than the limits allow.
Example:
Project Maximum Lock Limit: 2,000,000 ZMT
User Maximum Lock Limit: 8,000 ZMT
Scenario 1 (Current Total ZMT Locked reaches the Limit): Current Total ZMT Locked : 2,000,000 ZMT
User | Locked Amount to ZLaunch Project | Available to Lock by User | Explanation |
---|---|---|---|
Alice | 8000 ZMT | 0 ZMT | Project Maximum Lock limit reached and User Maximum limit reached |
Bob | 1000 ZMT | 0 ZMT | Project Maximum Lock limit reached |
Scenario 2 (Current Total ZMT Locked has not reached the Limit): Current Total ZMT Locked : 1,900,000 ZMT
Users can continue to lock ZMT to fulfil the remaining 100,000 ZMT (i.e. 2,000,000 ZMT Project Maximum Lock Limit minus Current Total ZMT Locked of 1,900,000 ZMT) available to be locked for the project.
User | Locked Amount to ZLaunch Project | Available to Lock by User | Explanation |
---|---|---|---|
Alice | 8000 ZMT | 0 ZMT | User Maximum Limit reached |
Bob | 1000 ZMT | 7000 ZMT | User Maximum limit of 8000 ZMT – 1000 ZMT = additional 7000 ZMT that Bob can lock |