👑VIP level
Our users can stake required amount of STL to raise their VIP level, and these STL stakers will benefit from different VIP level:
Traders can enjoy a higher profit ratio, earn more SP, and unlock additional management pools.
Followers can benefit from a higher profit ratio, lower management fee and earn more SP.
If a position or trade is closed and profits are generated, the profits will be distributed according to the table below:"
Here's some rules STL stakers must know:
STL stakers can increase their profit by leveling up their VIP rank.
The Treasury only receives management and service fees when the realized PnL > 0.
For followers:
Choosing to pay management fees with staked STL grants a special discount, and they should also monitor their staking amount to avoid a decrease in VIP level.
For traders:
Traders must maintain their investment at no less than 5% pf the pool while trading. However, there's no limit if they initially contribute more than 5% before trader's first trade, provided the trader does not withdraw money and the pool size increases.
Traders may need to prove their trading skills/abilities or trading record to elevate their VIP.
Here's an example of profit allocation:
Tony is a VIP 2 trader, while Alex, a VIP 3 follower who opts to pay management fees with STL, has decided to invest alongside Tony's portfolio.
Scenario 1: if the trade's realized PnL > 0:
Tony closes a position with $10,00 USDC in profit. The distribution is as follows:
Tony earned $80 as a performance fee. ($1,000 * 8%)
Alex receives $862.5 as profit and pay $37.5 equivalent STL as management fee.
The Treasury takes the remaining $57.5 USDC as service and management fees.
Scenario 2: if users lose their money on a trade (means the realized PnL of the trades < 0):
if Tony closes a position with a loss:
Tony will not receive any performance fee and will also lose his money.
Alex will lose his asset (such as USDC) invested in Tony's pool.
The Treasury won't have any revenue inflow.
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