EMP Money VDC

Virtual Deposit Contract

The EMP Money VDCs allow users to deposit EMP and ESHARE tokens into drip pool contracts to receive rewards. Rewards can be either compounded or claimed.

There are two VDCs – Compound and Volatile.

When depositing ESHARE into Compound, there is an 11% deposit fee and a 11% withdrawal fee. The deposit and withdrawal fees are distributed as follows:

·7% to the drip pool

·1% instant dividends to existing stakers

·1% to the Volatile VDC

·1% xGRO boosted stakers

·1% Rehypothecation

The pool drips 1% of its xGRO balance daily to stakers proportional to their staked amount. The pool also receives bonus rewards from any profits accrued by the Perpetual Exchange Counterparty Pool.

When depositing EMP into Volatile, there is a 33% deposit fee and a 33% withdrawal fee. The deposit and withdrawal fees are distributed as follows:

·30% to the drip pool

·1% instant dividends to existing stakers

·1% to boosted stakers

·1% Rehypothecation

The pool drips 1% of its balance daily to stakers proportional to their staked amount.

Users can burn xGRO tokens into either VDC for boosted rewards. Both VDC pools drip an additional 0.5% of their balance to stakers proportional to their staked amount.

A daily detonation time applies for these VDCs, whereby users lose any drip pool dividends not compounded or claimed by 12:10 AM UTC.

There will also be a second separate ‘compounders’ drip pool which will only be accessible to people compounding their returns. If a user claims their returns, they will not receive dividends from this second drip pool.

This provides a huge economic incentive to users opting to continually compound their claims and build up their EMP/ESHARES positions within the VDCs.