Tokenomics | Fund

$ 2,155,263.87

Total fund value

Fund overview

Week: 1

Next distribution:

6 days

Total eligible vokens

3,283,653

Profit per eligible 1k Vokens

$ 38.87

$ 255,263.87

Weekly pnl 13.43%

Main Fund

Economics

What is the "Fund"?

The "Fund" is the wallet that contains the multiple assets that the community voted for each week.
Find the exact assets here.

Where does the fund's initial capital come from?

It mainly comes from selling Vokens directly to the community and private investors.
vFund has the ability to raise more capital by using the Vokens from its Series Funding Reserve.

Will there be more asset choices in the future?

Yes! The vFund community votes every week to determine which new asset should be added to the fund.

Why does the fund's total value fluctuate?

The fund's total value increases or decreases according to the performance of its underlying assets. It takes profit/loss on a weekly basis and compounds some of the profit, mainly to grow its total value faster and partially hedge against losing weeks.

Weekly dividends are paid out to all existing Voken holders.

The amount of BNB each wallet receives is determined by the amount of Vokens it holds and the performance of the fund.

When the fund ends the week in Profit :

50% of the weekly profit is being redistributed among the Voken holders in BNB.
45% is being reinvested in the fund to leverage compounding.
5% will buy-back Vokens and send them to a burn wallet. (Deflationary token)

On the other hand, when the fund ends the week at a Loss :

No BNB will be distributed to Voken holders, as no gains were realized.

Distribution: every Sunday at UTC: 22h15.

The assets inside the fund are updated every Sunday at:

GMT/UTC: 22h15
PT: 3:15pm (California)
ET: 6:15pm (NYC)

Between UTC 22h00 (vote closing time) and UTC 22h15, the following events automatically happens:

The fund takes profit/loss on all current assets.

The fund's wallet now only holds USDT

If applicable, reinvest 45% of the weekly profit and withdraw the remaining 55%*.

The fund takes new positions on all the assets voted by the community during the voting period.

Test are being run to ensure correct trading execution

Data refresh on the website

*55%: 50% are redistributed among all existing Voken holders + 5% is used to buy back and burn Vokens.

No human interaction:
The buying, selling and transfer are automated with on/off chain contract/API calls.

Every action will be communicated on Discord, Twitter and our website.

Reminder:

The fund is designed to grow over time due to the:
- 5% fund allocation fee (present in every transaction).
- 45% compounding of fund's profit.
- injection of new capital from the Seed Funding Reserve.

The amount of Vokens each holder owns will automatically increase due to the 4% reflection fee on each transaction.

The circulating supply declines over time, due to the 4% fee burn (locked LP) and a 5% buy-back burn from the fund's profit.

The amount of BNB dividends each Voken holder receives will increase over time due to:
- More fund capital per Voken. (1)
- The more Vokens in a wallet = the more BNB dividends. (2)
- The less circulating Voken supply, the less the fund has to split profits and thus the more BNB dividends per Voken. (3)

Voken holders are directly protected against any fund total value losses as it's the fund itself that absorbs all losses.

Compounding was not only designed to grow the fund faster, but also to partially hedge against losing weeks.

Capital: The amount of USDT allocated to a specific asset (1 USDT ≈ 1$).

C_{X} = \frac{(V_{X_{longs}} + V_{X_{shorts}})}{V_{X_{T o t a l}}} \cdot C_{T o t a l}

$C_{X}=((V_{X_{"longs"}} + V_{X_{"shorts"}}))/V_{X_{Total}}*C_{Total}$

$X$ $X$ : Asset (i.e. BTC).
$V_{X}$ $V_{X}$ : Amount of votes for asset x (i.e. 400 votes for BTC).
$C$ : Capital (i.e. 100k USDT).
`C_{Total}`: Total capital of the fund.

At vote closing time, the long/short ratio is automatically calculated:

If longs > shorts: the position for the asset will be a long position.
If shorts > longs: the position for the asset will be a short position.

The performance of the asset in the fund since vote closing time is calculated as following:

Long (%): `((currentquadassetquadprice)/(avgquadentryquadprice)-1)*100`

Short (%): `((currentquadassetquadprice)/(avgquadentryquadprice)+1)*100`

Fund assets

Name

Capital

Side

Entry Price

Current Price

Performance

PnL ($)

Bitcoinvotes: 3000

285K15%

short

28,370.9

16,682.6

41.2%

117,414.87

Ethereumvotes: 2200

209K11%

long

1,730.98

1,215.2

-29.8%

-62,275.72

BNBvotes: 2200

209K11%

short

310.89

246.251

20.79%

43,454.44

Cardanovotes: 2000

190K10%

short

0.6178

0.2527

59.1%

112,283.91

Solanavotes: 1800

171K9%

short

51.02

11.105

78.23%

133,780.18

Polygonvotes: 1600

152K8%

short

0.6817

0.778

-14.13%

-21,472.2

XRPvotes: 1400

133K7%

short

0.4986

0.3452

30.77%

40,918.97

The Sandboxvotes: 1000

95.0K5%

long

1.4097

0.404

-71.34%

-67,774.35

Avalanchevotes: 1000

95.0K5%

short

29.89

11.125

62.78%

59,641.18

Dogecoinvotes: 1000

95.0K5%

short

0.0993

0.0718

27.69%

26,309.16