Deposits are locked for 1 full epoch (7-14 days unlock time)
Rewards are locked untill next epoch transition (0-7 days unlock time)
One epoch lasts 7 days. Epoch transition is every Saturday
If "Balance Ratio" is below 100%, balance withdraw will be scaled by the same proportion (taxed)
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Operation
Deposit
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Withdraw booking
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Withdraw
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Rewards booking
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Rewards Claim
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Compound
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It’s an app that allows the users to stake USDD and get double digit APR with low risk and easy access with a simple user experience. All the complexity to implement the strategy is handled by the smart contract, so the user benefits from a comfortable interface.
The WARP app will distribute weekly rewards to users. To incentive WARP users to also buy and stake USTX tokens, they will benefit from a multiplying factor over the base APR, called Warp Factor. The user warp factor is determined by the amount of USTX the users holds in any of the locked staking options that USTX offers. Maximum warp is obtained when 20 USTX are staked for every USDD deposited. The Max Warp factor will be 5, meaning that the warp APR will be up to 50% higher than the normal APR.
Example:
In order to benefit Warp factor 5, if the user wants to invest 100 USDD must also have 2,000 USTX staked in one of the locked available options USTX offers on this dedicated page (3-6-9-12 months).
If no USTX are held by the user, USDD yield is still possible, but with lower APR.
Warp specs:
Interface: web app accessible via browser (pc, mac, mobile)
Wallet: Tronlink, Math and Klever
Deposit token: USDD (TRC20)
Rewards token: USDD (TRC20)
Deposit lock: 1 full epoch (epochs duration is 1 week, changes every Saturday)
Rewards lock: till next epoch transition (unlock on Saturday after the request)
Rewards compounding: yes, manual compounding available
Max Warp factor: 5.0 (+50%) if user has at least 20 USTX in locked staking every USDD deposited
Fees: app requires energy to operate (or, if not enough, TRX) to operate
Custody: the deposits are fully managed within the contract, they will NOT be moved to team wallets. The smart contract handles all the interactions with JustLend, SunSwap, Sun.io and all other contracts required to manage the strategy
APR: Warp yield will vary over time and will depend on Sun.io and JustLend conditions.
Anti-whale: There is a limit on how much a single user can deposit. Currently the limit is - USDD
USTX
