πŸ’³Vault Credit

Please note from Epoch 1 to Epoch 7, we implement 7 days per epoch. From Epoch 8, we change to 4 days per epoch! The section below is vault credit applied for Epoch 8 onward.

The Early Adopter Program offers Vault Token Credit, designed to elevate the Holdstation Crypto DeFuture Vault - further details on this can be found in the Vault Section

Program NameVault Credit

Description

Part of the Early Adopter Program with the aim to boost the Crypto DeFuture Vault. More information about the vault can be found in the "Vault Section."

HST Credits Allocation

1,500,000 HST Credits

Epochs

Total 43 Epoches

Epoch Length

Epoch 1 -7: 7 days Epoch 7 - 43: 4 days

Total Program Length

176 days

Total Credit Allocation

1,500,000 HST Credits

Credit Allocation per Epoch

Epoch 1 - 7: 60,000 HST Credits per epoch

Epoch 7 - 43: 34,500 HST Credits per epoch

Start Date (ETA)

10th May 2023

In this program, a total of 1,500,000 HST Credits will be distributed, with 34,500 HST Credits allocated per Epoch.

The Vault Token Credit can be earned alongside trading fees by vault stakers, and it will be valuable once the official launch of the token takes place.

Eligibility for Early Adoption Program

To be eligible for HST Credits in the Early Adopter Program, you must have stake USDC into the Crypto DeFuture Vault.

  • HST Credit is earned based on the ratio of your stake to the total stake, multiplied by the total epoch reward

  • Withdraw your deposit need to be requested, but you will lose your Holdstation Credit before the snapshot.

  • A snapshot of Holdstation DeFuture Vault will be taken monthly on the 1st day of every month until the program ends

1. Why do we need to earn HST Credits?

Similar to staking, you can earn HST Credits by contributing to the Crypto DeFuture Vault. These credits will be exchangeable for $HOLD tokens once the credit period expires, providing an opportunity for long-term growth.

2. How can you calculate HST Credits earn?

Your earned credit is calculated as:

RewardAmount=(YourEpochBalance/TotalEpoch)βˆ—TotalEpochRewardReward Amount = (Your Epoch Balance / Total Epoch) * Total Epoch Reward

Important Notes:

  • HST Credits are calculated by block.

  • The amount of HST Credits displayed on the screen is an Estimate only. The exact amount of HST Credits earned will be calculated at the end of each epoch.

  • If you wish to withdraw assets from the Crypto DeFuture Vault, you must make a request and wait for 5 epochs for the request to be processed. Please keep this in mind when planning your withdrawals.

Explore the documentation below to learn about the future rewards you can earn if you choose to participate for more than 6 months and view it as your yearly dividend.

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