Copy trading pool
ctDEFI NFTs.
Your DeFi tokens can be staked for a pool where a treasury balance is used for traders to use, reaping the profit % on each trade.
How does it work?
A treasury pool is allocated for trading which uses funds from tax revenue, as well as fees accrued from utilities, in addition to the compounding profit made by our traders.
This treasury pool is used wholly by profitable traders that we pick, or traders chosen by our DAO if and when proposed, to trade on the market. The profit is then redistributed to stakees. A higher % of profit is redistributed to those with longer staking periods and principal value staked. Every week, the treasury is recalculated with each trade accounted for.
There will be a limited amount of space to stake and expand over time as the ecosystem grows. Initially, it will be set to a set amount of tokens owned, eventually allowing for all users to stake. Why? Because in reality, if there are over 1000 users staked to a treasury pool valued at 50,000 USD, and at the end of the week our set traders bring that pool to 60,000 USD, after fees to the trader and a percentage kept in the treasury for future use, only a minimal amount will be redistributed. Therefore to allow for profitable returns, a cap will be set of amount of stakees. This will be lifted later on in the lifetime of the project.
Why does this work?
Relying solely on volume and not having assets to continuously compound profits on is a very unsustainable business model. When there is a drought in volume, and there are people that are essentially getting free tokens from the project from staking, it usually brings upon negative cash flow.
However, with a trading pool, the token's volume is mutually exclusive to the success (and yield) of the staking pool. This is because the yield obtained from the copytrading pool solely depends on the performance of the nominated traders.
Staking Lockup & Yield.
* APR is calculated from the average return and amount staked. These percentages are as if you were to stake 0.5% of the supply. A more accurate % is calculated on our website.
Claiming.
Rewards can be claimed after the treasury balance is settled, or after 7 days of staking. Unlike native token staking and liquidity staking, these rewards are not vested and are claimable instantly.
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