Stable Emission
The minting speed of xVUSD, a stable reward token for Liquidity Provider, will depend on the remaining BUSD in the VUSD Vault that hasn't been tagged with the VUSD. Therefore, if there are more BUSD in the VUSD Vault, the minting speed will increase.
At this stage, we are not providing liquidity for users to sell this VUSD as we want users to re-invest this into the system to grow the vault.
We plan to adjust emission rate depends on VUSD Vault's TVL goal and profit. The profit from VUSD indicates from fee collected from Minting and Redeeming VUSD.
When we reach $20,000,000 TVL by the end of 2022. We will initiate the migration from VONDER company to be Decentralized Autonomous Organization.
In 2023, we will turn VONDER to be 80% DAO and 20% VONDER Company and will try hard to migrate the VONDER into 100% Decentralized Autonomous Organization and let the VONDER community decide what they want to be.
Emission rate: 1 quarter = 3 months
Quarter
Emission rate (xVUSD/block)
Total Supply
Estimated Vault TVL
Initial Period #1
0.005
4,320
$10,000
Initial Period #2
0.05
43,200
$100,000
Initial Period #3
0.25
216,000
$500,000
Q4/2021
0.5
1,296,000
$3,000,000
Q1/2022
0.75
1,944,000
$6,000,000
Q2/2022
1
2,592,000
$10,000,000
Q3/2022
1.25
3,240,000
$15,000,000
Q4/2022
1.5
3,888,000
$20,000,000
Q1/2023
20% VONDER + 80% DAO Voting
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Q2/2023 and so on
100% DAO Voting
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Note: - If we can't reach the estimated TVL, we will not increase our emission rate. - In case that we reach the goal earlier than planned. The emission rate will be adjusted earlier.
Last modified 12d ago
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