# Earn

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.<br>

  <figure><img src="https://3227338076-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fn262PLtizMqtNJu9DRnQ%2Fuploads%2FXwFMq2eo3RafeyYMwZE9%2Fimage.png?alt=media&#x26;token=5186f228-d394-480f-9612-6b9be8730bef" alt=""><figcaption></figcaption></figure>

### 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.

<figure><img src="https://3227338076-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fn262PLtizMqtNJu9DRnQ%2Fuploads%2FGQxGrSZPNq6ZicejojvX%2Fimage.png?alt=media&#x26;token=87611579-68e4-462c-8746-40ff084fc0ad" alt=""><figcaption></figcaption></figure>