CRYSTAL BURNING VAULT

CRS BURNING VAULT

-Available only when TWAP is over 1

-Deposit any amount of BUSD

-Upon depositing 50% of the BUSD, it is used to purchase CRS

-You gain a yield in DIA and BUSD while you wait with a dynamic APR, based on the total amount funding the reward pool.

-You can withdraw at any time but may incur taxes based on the TWAP.

• 1.00

⁃ 0%

• 0.9 - 0.99

⁃ 10%

• 0.8 - 0.89

⁃ 20%

• 0.7 - 0.79

⁃ 30%

• 0.6 - 0.69

⁃ 40%

• 0.5 - 0.59

⁃ 50%

• 0.4 - 0.49

⁃ 60%

• 0.4 - 0.49

⁃ 70%

• 0.4 - 0.49

⁃ 80%

• 0.1 - 0.19

⁃ 90%

• 0.0 - 0.09

⁃ 99%

1.Deposits are disabled at 1 TWAP, no rewards are earned after 1 TWAP

2.Upon withdrawal, the 50% of BUSD and CRS are made into LP. Any excess CRS from forming LP, will be sent to the Treasury. It's also important to know you will get the exact value for your deposited BUSD (eg. if you deposit 1000 BUSD you will receive $1000 worth of CRS/BUSD LP.)

-If the price of CRS were to never get back to 1 TWAP, then depositors would have to stay in the pool for a long time in order to get back their initial, after considering the withdrawal fee.

Last updated