Vault
What is Vault?
Rather than solely providing rewards in SDT, we establish a Vault containing BTC, ETH, BNB, and SDT. The platform and protocol's generated revenue will be utilized to acquire specific assets, storing them in the Vault. These assets will then be distributed to veSDT holders based on their voting influence. veSDT holders have the opportunity to join the weekly voting session, which decides the release of earnings every week. Through voting, holders manage their investments in Seven Deuce, aiming to maximize profits from our platform while staking their SDT. However, many are curious about the outcome if their vote is unsuccessful. Seven Deuce has introduced the Maximum Rebalancing Mechanism in the Vault, where pools with equal votes receive a 1% reward, while other voters receive a share of the reward from the most voted pools.
Where is the Vault from?
Partial revenue from Rake and Fees (USDT) collected from Seven Deuce platform will pour into the Vault.
20% of funds obtained from SD Securities (USDT) will fall into Vault as well.
Buy / Sell tax, 50% of the tax will be collected from buyer and seller then put them into the Vault.
What is in the Vault?
USDT deposited into Vault will be automatically allocated at a default ratio of 25% for each asset, which is BTC, ETH, BNB and SDT.
Transaction will occur on PancakeSwap on BSC Chain every Sunday and the acquired assets will be stored in the Vault, meanwhile SDT generated from Sell Tax will entirely relocate into Vault.
Vault drops reward weekly on every Sunday, voting period will reboot on Monday and allow veSDT holders to vote from Monday to Saturday.
How Vault allocate reward to veSDT holders?
veSDT holders is capable of voting for the selective assets they wished to receive. 1% of Vault rewards are distributed weekly on Sunday. 90% of the reward will distribute among the veSDT voters to the most voted pool, while 10% of the reward will distributed equally to the rest veSDT voters.
For example:
BTC vault is 100 BTC reward distributed = 1% = 1 BTC
Mr. A vote 100% of his 1,000 veSDT to BTC. A week later, BTC was the most voted pool with total 10,000 BTC voters , Mr. A will receive 1,000/10,000 of 1 BTC x 90%, which is 0.09 BTC.
Mr. B voted 100% of his 1000 veSDT to ETH. A week later, BTC was the most voted pool with 7,000 voters who voted for the remaining pool. Mr. B receives 1,000/7,000 of 1 BTC x 10%, which is 0.014 BTC.
What if there's a situation when 2 or more pools achieve the exact same amount of vote?
Maximal Rebalancing Mechanism will be activated.
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