REFI / HOLDER GUIDEHOLDER MANUAL / READ BEFORE YOU SIGN
REFI is a repeating four-step cycle. Enroll a Debt Cat, keep it in place while it earns, register your claim when the window opens, and then collect the payout.
THE SHARED CLOCK
Enrollment and claiming happen at opposite ends of the same 72-hour earning cycle. A new enrollment window can open while the previous cycle is being claimed.
Choose Cats and pay the displayed $REFI amount.
Keep enrolled Cats in the wallet that enrolled them.
Register before the deadline, then wait for finalization.
At the boundary: the previous cycle can be in its claim window while the next cycle is open for enrollment.
THE HOLDER FLOW
Only the actions that move your claim forward need your wallet signature. The background automation is handled by the protocol keeper.
ENROLL
During the REFI window, select the Cats you want to put into the next earning cycle.
HOLD
The Cat must stay in the enrolling wallet until the earning period ends and the ownership check is completed.
REGISTER
After the ownership check and payout-token purchase are confirmed, the claim window opens.
GET PAID
When the claim window closes, the claim is finalized and the desk can show your exact payout.
THE PAYOUT
The desk shows the exact amount only after the claim window is finalized. Before that, a dash is normal.
Artwork, traits, and rarity do not change the share size. A wallet with three eligible Cats has three shares.
The available payout pool is divided among the shares that were registered. For example: 100 tokens ÷ 50 shares = 2 tokens per share. If nobody registers, the pool carries forward.
The desk tells you which payout token is being used. In the current setup, that token is SGOV. The amount is not promised in advance.
WHAT HAPPENS AUTOMATICALLY
You do not need to operate the bot. It submits the routine protocol updates; your wallet is still needed for your own approvals and payments.
Locks the enrolled set when enrollment closes.
Records who still owns each enrolled Cat at maturity.
Settles the cycle and buys the payout token when configured.
Finalizes the claim window after its deadline.
READING THE DESK
The status words describe where the protocol is. They do not change who owns your NFT.
That action is not available in the current stage. It does not mean the NFT has been deposited or taken from you.
The Cat has been accepted into the current cycle. Keep it in the enrolling wallet until the snapshot is complete.
You can register your claim now. This is the deadline-sensitive part.
The number of eligible Cats recorded for this wallet in the completed cycle.
The amount is not calculated yet. Wait for the claim window to close and be finalized.
The exact payout has been calculated. You can now distribute it to your wallet.
QUICK ANSWERS
Yes. At the cycle boundary, the previous cycle's 12-hour claim window and the next cycle's 12-hour enrollment window can overlap.
No. You must enroll it during the open REFI window, keep it in the enrolling wallet through the ownership check, and register the claim before the deadline.
The exact amount is available after the claim window closes and is finalized. A dash before then is expected.
If other wallets register, an unregistered share is not paid for that cycle. Set a reminder and register while the window says WINDOW OPEN.
Wait until the maturity snapshot is confirmed. Moving it before the ownership check can make that enrollment ineligible.
Onchain steps can take several minutes. Refresh after the transaction confirms, and never share your seed phrase or private key with anyone.
READY WHEN YOU ARE