Vaults for G-tokens
Last updated
Last updated
There are 2 Vaults for DABots G-token:
VIP Vault: to keep G-token when users buy "in IBO" phase. Rewards weight = 1.2 to prioritize "pioneer users" who staked and bought G-token in the early phase and contribute to bots' IBO CAP.
Regular Vault: to keep G-token when users buy "after IBO" phase. Reward weight = 1 as standard.
It is important to understand that:
Users' G-tokens can only be in VIP Vault when users buy G-token "in IBO" phase. After IBO phase, there is no way to have G-tokens in the VIP Vault.
Always keep your bot tokens in Vaults to get rewards. Any bot tokens not in Vaults but in your wallets will not be rewarded.
Users can withdraw their bot tokens from any vaults to their RoboFi Wallet, then they can exchange/give as present/sell peer-to-peer with other users if they wish to do so. However, as said above, bot tokens not in Vaults are not rewarded.
Withdraw and Deposit rule:
The withdrawal G-tokens will also auto harvest VICS rewards (if any) earned from G-tokens to users' wallet.
Users can withdraw their G-tokens from each Vault (VIP or Regular) to wallet.
G-tokens in users' wallets can be deposited back to Regular Vault. Once deposited back, these G-tokens are automatically accounted to distribute rewards. However, there is no way to deposit G-tokens back to VIP Vault. If a user Alice withdrew her bot tokens out of VIP Vault to her wallet, then Alice cannot deposit that back to VIP Vault.
Redeem G-token rule:
Only G-tokens in user's wallets can be redeemed to get back VICS. If users want to redeem G-tokens and get back VICS, at first, users need to withdraw G-tokens from each Vault to their RoboFi Wallet, then redeem G-tokens in wallet to get back VICS.
Users can only redeem G-tokens after-IBO phase. Userguide to redeem G-token is here.
The rate of G-token per VICS when redeeming is computed as Total deposited / Circulating; in which:
Total deposited: is the VICS amount that bot is keeping when users buy its G-tokens "in-IBO" or "after-IBO".
Circulating: is the number of G-tokens that are circulating on the market for the current bot.
Both of the above numbers are fluctuating values that can increase and/or decrease over time because different users may continue to buy or redeem after IBO.
Users can check these numbers when viewing bot details and charts in the RoboFi Store.
