ONE VDC

Virtual Deposit Contract

The ONE Virtual Deposit Contracts (VDCs) allow users to deposit xONE, xONE-S and xPERPS tokens into drip pool contracts to receive rewards. Rewards can be either compounded or claimed.

There are two VDCs – Compound and Volatile.

When depositing ONE-S 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% xPERPS boosted stakers

·1% to xPERPS Compound VDC

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 xONE 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 xPERPS boosted stakers

·1% to xPERPS Compound VDC

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

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