💵Earn

stake OT and selected LP tokens to earn fees

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.