BlockX Documentation
  • Introduction
    • BlockX
    • Tokens
    • Transactions
    • Inflation
    • Keys
      • Keyring
      • Multisig
    • Gas Fees
    • Wallet and Accounts
      • Adding BlockX to Metamask
      • Adding BlockX to Keplr
      • Transfers Between Wallets
      • Backup
    • Deploying Smart Contracts
      • Remix
      • Hardhat
  • BlockX White Paper
  • The BCX Token
  • Governance
    • Proposals
      • Proposal Tips
      • Submit a Proposal
    • Community Pool
    • Chain Parameters
  • Technical Concepts
    • Architecture
    • Accounts
    • Chain ID
    • Encoding
    • Pending State
  • dApp Developers
    • Establishing Connections
    • BlockX Clients
    • Guides
      • Wallet Integration
      • Smart Contract Incentive Registration
      • Tracing Transactions
      • Query Balances
    • Localnet
      • Single-node
      • Multi-node
    • Testnet
      • Testnet Commands
    • Ethereum JSON-RPC
      • JSON-RPC Server
      • Running the Server
      • Namespaces
      • JSON-RPC Methods
      • Events
    • Tendermint RPC
  • Protocol Developers
    • Modules
      • auth
        • Concepts
        • State
        • AnteHandlers
        • Keepers
        • Vesting
        • Parameters
        • Client Auth
      • bank
        • State
        • Keepers
        • Messages
        • Events
        • Parameters
        • Client
      • crisis
        • State
        • Messages
        • Events
        • Parameters
        • Client
      • distribution
        • Concepts
        • State
        • Begin Block
        • Messages
        • Hooks
        • Events
        • Parameters
        • Client
      • epochs
        • Concepts
        • State
        • Events
        • Keepers
        • Hooks
        • Queries
        • Future Improvements
      • erc20
        • Concepts
        • State
        • State Transitions
        • Transactions
        • Hooks
        • Events
        • Parameters
        • Clients
      • evidence
        • Concepts
        • State
        • Messages
        • Events
        • Parameters
        • BeginBlock
        • Client
      • evm
        • Concepts
        • State
        • State Transitions
        • Transactions
        • ABCI
        • Hooks
        • Events
        • Parameters
        • Client
      • feemarket
        • Concepts
        • State
        • Begin block
        • End block
        • AnteHandlers
        • Keeper
        • Events
        • Client
        • Future Improvements
        • Parameters
      • feesplit
        • Concepts
        • State
        • State Transitions
        • Transactions
        • Hooks
        • Events
        • Parameters
        • Clients
        • Future Improvements
      • gov
        • Concepts
        • State
        • Messages
        • Events
        • Future Improvements
        • Parameters
        • Client
      • incentives
        • Concepts
        • State
        • State Transitions
        • Transactions
        • Hooks
        • Events
        • Parameters
        • Clients
      • ibc-core
      • inflation
        • Concepts
        • State
        • Hooks
        • Events
        • Parameters
        • Clients
      • slashing
        • Concepts
        • State
        • Messages
        • BeginBlock
        • Hooks
        • Events
        • Staking Tombstone
        • Parameters
        • CLI
      • staking
        • State
        • State Transitions
        • Messages
        • Begin-Block
        • End-Block
        • Hooks
        • Events
        • Parameters
        • Client
      • upgrade
        • Concepts
        • State
        • Events
        • Client
        • Resources
      • vesting
        • Concepts
        • State
        • State Transitions
        • Transactions
        • AnteHandlers
        • Events
        • Clients
    • Module Accounts
    • IBC Channels
    • Ethermint API
  • Validators
    • Quick Start
    • Telemetry
    • Security
      • Tendermint KMS
      • Tendermint KMS + Ledger
      • Validator Security Checklist
      • Validator Backup
    • Snapshots, Archive Nodes
    • FAQ
  • Delegators
    • Staking Process
  • Tokenomics
  • Block Explorers
Powered by GitBook
On this page
  • Create Clawback Vesting Account
  • Clawback
  1. Protocol Developers
  2. Modules
  3. vesting

State Transitions

The x/vesting module allows for state transitions that create and update a clawback vesting account with CreateClawbackVestingAccount or perform a clawback of unvested funds with Clawback.

Create Clawback Vesting Account

A funder creates a new clawback vesting account defining the address to fund as well as the vesting/lockup schedules. Additionally, new grants can be added to existing clawback vesting accounts with the same message.

  1. Funder submits a MsgCreateClawbackVestingAccount through one of the clients.

  2. Check if

    1. the vesting account address is not blocked

    2. there is at least one vesting or lockup schedule provided. If one of them is absent, default to instant vesting or unlock schedule.

    3. lockup and vesting total amounts are equal

  3. Create or update a clawback vesting account and send coins from the funder to the vesting account

    1. if the clawback vesting account already exists and --merge is set to true, add a grant to the existing total vesting amount and update the vesting and lockup schedules.

    2. else create a new clawback vesting account

Clawback

The funding address is the only address that can perform the clawback.

  1. Funder submits a MsgClawback through one of the clients.

  2. Check if

    1. a destination address is given and default to funder address if not

    2. the destination address is not blocked

    3. the account exists and is a clawback vesting account

    4. account funder is same as in msg

  3. Transfer unvested tokens from the clawback vesting account to the destination address, update the lockup schedule and remove future vesting events.

PreviousStateNextTransactions

Last updated 2 years ago