GrowthDeFi PERPS Launch
Hybrid yield farm + perpetual futures exchange platform on BSC, from the HyperMine team.
DETAILS
- xPERPS is the native token
- Users earn with xPERPS by either;
- depositing xPERPs into either the xPERPS Compound VDC or Volatile VDC (VDC = Virtual Deposit Contract)
- depositing xPERPs into the xGRO VDCs for a “Boosted Position”
- depositing xPERPs into the veGRO staking platform
- farming with xPERPs and earn yield on it
- xPERPS VDCs (Compound VDC and Volatile VDC)
- Compound xPERPs VDC
- earn yield in xPERPs directly from deposit and withdrawal fees, 20% share of unclaimed dividends from the xPERPs Yield farm, and also the farm fees on all the LPs in the Yield farm; wrapped into “ONE” token and paid out as additional dividends
- 11% deposit and 11% withdrawal fee in Compound VDC
- 7% to drip pool
- 1% Instant dividends to stakers
- 1% Management
- 1% Burnt
- 1% Volatile VDC
- Volatile xPERPs VDC
- earn yield in xPERPs directly from deposit and withdrawal fees, 1% from the compound VDC deposits, 20% share of unclaimed dividends from the xPERPs Yield farm
- 33% deposit and 33% withdrawal fee in Volatile VDC
- 30% to drip pool
- 1% Instant dividends to stakers
- 1% Management
- 1% Burnt
- Drip pool for both VDCs, payout 1% of their balance daily to stakers proportional to their amount staked
- Compound xPERPs VDC
- xGRO VDCs (Compound VDC and Volatile VDC)
- Stakers in the separate xGRO VDCs can boost their xGRO yield by depositing xPERPs
- xPERPS Yield farms
- Earn yield in xPERPs by liquidity farming, which is used to back the perpetual exchange
- Available yield farms; xPERPs, xPERPs/BNB, xPERPs/BUSD, DAI/BUSD, GRO/BUSD, GRO/BNB, ETH/BNB, xxHMINE/BNB, MAGIK-EMP/ETH, MAGIK-ESHARE/BNB, BSW/BNB, and Counter Party LP tokens
- Each farm has 4 different deposit and withdrawal fee rate for each pool. Users can choose which pool to farm, and their allocation of xPERPs rewards is dependent on the selection
- 2.5% fee — 11.25% xPERPs allocation
- 5% fee — 16.25% xPERPs allocation
- 10% fee — 26.25% xPERPs allocation
- 20% fee — 46.25% xPERPs allocation
- xPERPs must be claimed daily by a certain time or its lost. Each claim or compound is independent from the next
- Claim time starts at 24 hours for the first week, and decreases by 4 hours each week. At the end of the 6th week onwards, the claim epoch will remain at 6 hours
- Any unclaimed xPERPs is distributed as;
- 40% to xPERPs VDC drip pool. Stakers in the VDCs will get a share daily from drips
- 60% of the xPERPs to the burn address daily
- PERPS Counter Party Pool
- Users can also provide liquidity for the perpetual exchange in the Counter Party Pool (CP) to receive a share of the swap fees on the perpetual exchange platform
- Users receive CP tokens as receipt for providing liquidity
- CP token is the shares token on the Counter Party Pool and fees are distributed proportional to the amount held
- CP tokens can be withdrawn for BUSD
- Users can also stake their CP tokens in the Yield farms to earn xPERPS
- Perpetual Exchange (docs)
- Users can trade (long/short) on the Perpetual exchange
- Trading pairs available – BNB/USD, ETH/USD, BTC/USD, XAG/USD, XAU/USD, WTI/USD
- Available features; market and limit orders, margin trading (max 10x leverage)
- BUSD is used as the primary collateral and all trades are settled in BUSD
Links & Resources
Related Launches
Blockchain
