What Is XPERPS (XPERPS)? Complete Guide & Review About XPERPS

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What Is XPERPS (XPERPS)?

The live xPERPS price today is $0.139977 USD with a 24-hour trading volume of $25,115.42 USD. They update XPERPS to USD price in real-time. This is up 12.72% in the last 24 hours. The current CoinMarketCap ranking is #4502, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000 coins. If you would like to know where to buy xPERPS at the current rate, the top cryptocurrency exchange for trading in stock is currently PancakeSwap (V2). You can find others listed on our crypto exchanges page. xPERPS Yield Farming Token for PERPS Perpetual Futures Trading Platform on BSC

XPERPS Storage Key Points

Coin BasicInformation
Coin NameXPERPS
Short NameXPERPS
Total Supply100,000,000
Circulating Supply500,000.00 XPERPS
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

How It Work

COMPOUND VDC fees are 11% in and 11% out, they are distributed in the following way:

  • 7% to drip pool
  • 1% Instant dividends to stakers
  • 1% Management
  • 1% Burnt
  • 1% Volatile VDC
  • Receives bonus xONE tokens from staking. xONE is a wrapped token that includes all 9 LP’s in the yield farm.
  • Also receives half of the 40% of unclaimed divs daily from xPERPs Yield farm

VOLATILE VDC fees are 33% in and 33% out, they are distributed in the following way:

  • 30% to drip pool
  • 1% Instant dividends to stakers
  • 1% Management
  • 1% Burnt
  • Does not receive daily bonus but does receive 1% of all xPERPS deposited into COMPOUND VDC
  • Drip pool for each VDC, pays 1% of its balance daily to stakers proportional to their amount staked
  • Also receives half of the 40% of unclaimed divs daily from xPERPs Yield farm

xPERPS VDCs

You can choose between two different VDC’s when you sacrifice, Compound, or Volatile. Compound xPERPs VDC, pays yield in xPERPs directly from deposit and withdrawal fees, and also gets 20% share of the (unclaimed divs) from the xPERPs Yield farm.

Additionally and very importantly, the Compound xPERPs VDC, also gets a share of all of the LP tokens taken into the xPERPs Yield farm. There will be fees on those LPs, and all nine farm LPs will be wrapped into the “ONE” token and paid out as additional dividends..

Fees to enter compound VDC: 11% entry and 11% exit fee, they are distributed in the following way:

  • 7% to drip pool
  • 1% Instant dividends to stakers
  • 1% MGMT
  • 1% Burnt
  • 1% Volatile VDC

Volatile VDC gets 20% of the Unclaimed divs from the farm daily sent to its drip pool, it also gets an extra 1% from the compound VDC deposits. The drip pool of both VDC’s payout 1% of their balance daily to stakers.

VOLATILE VDC fees are 33% in and 33% out, they are distributed in the following way:

  • 30% to drip pool
  • 1% Instant dividends to stakers
  • 1% MGMT
  • 1% Burnt

xPerps Yield Farm

Its main function is to incentivise and form the backing for the PERPs counterparty pool. This is the futures platform that is the main component of this platform.

Farming positions on xPERPs will be:

  • xxHMINE/BNB
  • MAGIK-EMP/ETH
  • MAGIK-ESHARE/BNB
  • DAI/BUSD
  • BSW/BNB
  • xPERPs
  • xPERPs/BNB
  • xPERPs/BUSD
  • GRO/BUSD
  • GRO/BNB
  • ETH/BNB
  • Counterparty Pool tokens

They have a model in which the fee rate can be chosen by the user when he deposits into each pool, and his allocation of xPERPs rewards is dependent on his selection. The following is an example of how it will be done:

  1. 2.5% deposit fee, 2.5% withdraw fee and lowest allocation of xPERPs 11.25%
  2. 5% deposit fee, 5% withdraw fee and a higher allocation of xPERPs 16.25%
  3. 10% deposit fee, 10% withdraw fee and a higher allocation of xPERPs 26.25%
  4. 20% deposit fee, 20% withdraw fee and the highest allocation of xPERPs 46.25%

xPERPs must be claimed daily by a certain time or its lost, there are no grace periods, no extensions, no touching of the contract, each claim or compound is independant from the next.

The unclaimed or lost xPERPs is utilized in the following way:

  • 40% is sent to the xPERPs VDC drip pool. Stakers in the VDC will get to share in this daily from drips.
  • The remaining 60% of the xPERPs is sent to the BURN address daily.

They will start with 24 (HR) epochs in which to claim divs, each week the farm is running, the epochs time periods will decrease by 4 hours.

  • Week 1 – 24 hr epochs
  • Week 2 – 20 hr epochs
  • Week 3 – 16 hr epochs
  • Week 4 – 12 hr epochs
  • Week 5 – 8 hr epochs
  • Week 6 – 6 hr epochs

xPerps Utility

There are several Usecase for xPERPs being built into the ecosystem:

  1. Deposit xPERPs into the xPERPs VDC’s
  2. Deposit xPERPs into the xGRO VDC’s for a “Bootsted Position”
  3. Deposit xPERPs into the veGRO staking platform
  4. Farm with xPERPs and earn yield on it.

Counterparty Pool Deposits form the backing for PERPs, and will pay the highest yield in xPERPs, there will be a UI, where you can deposit and withdraw to earn yield and also share in CP pool profits from doing so..

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