Token Transfer Restrictions

Token Transfer Restrictions

To maintain the integrity of the withdrawal system, ELPP implements certain restrictions on token transfers:

Withdrawal Request Locks:

• Once you create a withdrawal request, the requested ELPP tokens become "locked" for withdrawal purposes

• Locked tokens cannot be transferred to other wallets or addresses until the withdrawal request is either executed or canceled

• This prevents potential manipulation of the withdrawal system through transfers between accounts

Balance Verification:

• The system continuously verifies that your ELPP token balance is sufficient to cover all your pending withdrawal requests

• Any attempt to transfer tokens that would reduce your balance below the total amount in pending withdrawal requests will be rejected

• The smart contract automatically enforces this restriction to protect the pool's stability

Example Scenario:

• If you have 1,000 ELPP tokens and create a withdrawal request for 600 tokens, you can only transfer a maximum of 400 tokens to other addresses until you either:

• • Execute the withdrawal when it becomes available

  • Cancel the withdrawal request

  • Reduce the amount in your withdrawal request