LVLX VDC

LVLX can be staked within Growth DeFi’s Virtual Deposit Contracts (VDCs) to secure long-term drip rewards.

The VDCs are located here: https://app.growthdefi.com/vdc/lvlx.

There are two VDCs – one called ‘Compound’ and one called ‘Volatile’. Each has a different fee and reward structure which is clearly set out.

You deposit LVLX tokens and receive future LVLX returns from the daily drip pool, entry and exit fees, proportionate to your stake. Drip rewards are issued once per day. You can withdraw your LVLX tokens at any time, however a withdrawal fee is payable.

You can also deposit xGRO and xPERPS tokens to secure a boosted position. Each token has its own separate boost pool and each receives 1% of all VDC deposits and withdrawals, and 0.5% of the LVLX Drip Pool daily.

xGRO and xPERPS boost deposits cannot be withdrawn once deposited. These tokens are burned.

All VDC rewards you receive will show in the box called EARNINGS. Rewards received can either be claimed or compounded whenever you choose. Claiming rewards is subject to a 20% tax. Compounding rewards back into the VDC is subject to zero tax