OT
  • What is OT
  • 📈Perpetuals trading
    • NFT Perps
    • Open and close positions
    • Funding Rate
    • Trading Fee Rates
    • Insurance Pool
    • Risk Mitigation Measures
    • Liquidation
  • Spot&Borrow
    • â„šī¸AMM & LP
      • Single Side Liquidity
      • Stable coin pools
      • Smaller Divergence Loss
    • 🔄Swap
      • Stable Swap
    • â¯ī¸Borrow
      • Utilization Rate
      • Interest Rate Model
      • Health Factor&Asset Credit
      • Liquidation
  • đŸ’ĩEarn
  • OSD
  • 💲Fee Policy
  • 💸Tokenomics
    • Revenue Distribution
    • Auction of OT
    • OT and vOT
  • đŸšģReferral Reward
  • âš ī¸Risks&Disclaimer
  • 🔗Links&Resources
  • 🔐Audit Reports
  • 📔Addresses
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On this page
  • Stake USDC to earn fee distribution and vOT reward
  • Stake vOT to earn fee distribution and vOT reward
  • Converting vOT to OT

Earn

stake OT and selected LP tokens to earn fees

PreviousLiquidationNextOSD

Last updated 1 year ago

The vision of Onchain Trade is to build a protocol that brings LPs and OT holders real yield in a sustainable way.

Stake USDC to earn fee distribution and vOT reward

  • 50% of perps trading fees are distributed to USDC/ETH stakers.

  • You need to stake for at least 15 days to become eligible for fee distribution

  • Unstaking will reset your staked position's staking time to 0

  • Your reward amount = your staking point / global staking point * totalRewardAmount

  • The purpose of distributing fees to USDC/ETH is to encouraged long term liquidity provision.

Stake vOT to earn fee distribution and vOT reward

Onchain trade will gradually distributes a large percentage of its revenue to vOT stakers.

Incentive Type
Start time
vOT reward per day
end time

USDC staking

May 16, 2023

8000

Trading

May 16, 2023

10000

Borrow

May 16, 2023

2000

Converting vOT to OT

vOT is rewarded to OT and OSD stakers as well as borrowers, traders and liquidity providers. vOT is non-transferrable and cannot be sold directly on the market, users are able to convert vOT to OT through minimum 15 days and longest 6 months plan:

  1. Minimum 30 days plan: you will receive 50% of OT and can sell on the market

  2. Longest 6 months vesting plan will receive in full amount.

  3. You can choose a vesting duration between 30 days and 6 months(180 days)

  4. You can cancel a vesting plan any time.

đŸ’ĩ