The Dual-Accelerator Vault

We have covered LiquidVault tech elsewhere, so we are going to just straight into its specific application for accelerating the OSM market.

The Accelerator Vault / Hodler Vault Combination

We have taken the future-forward decision to launch not one Liquid Vault, but 2 Liquid Vaults for the $OSM Token. This decision was a result of numerous community engagements and a lot of internal discussion about the rationale for the use of the Liquid Vault in the Options.Market project, and the desired outcomes of its use.

Once the idea formed that liquidity growth was essential to the long-term success of the project, the idea hatched for 2 Liquid Vaults — welcome to the Accelerator Vault / Hodler Vault Combination!

1. The Accelerator Vault

DISCOUNT ON ACCELERATOR VAULT: 20%

Liquid Vault 1 in our construct remains the AV. It is a straight forward Send ETH to receive discounted LP Liquid Vault. We use the 3 AV levers as follows:

1. The ETH Fee charged will be 30% — this means a 20% discount on LP tokens by “sending ETH”. The ETH collected from the ETH fee will be sent to the Hodler Vault where the User can send OSM tokens to create LP tokens (more on this below).
2. The LP tokens will be locked for a period of 4-days. Once this time is up, the claim LP functionality on the dapp can be used to withdraw LP tokens. Users options include:
   - Unpool and sell the $OSM and keep the ETH, or reinvest it in the LP for another 20% discount;
   - Retain the LP to add value to overall $OSM liquidity; or
   - A combination of the above.
3. In AV, the lock period is static and there is 0% LP Donation (there is no permanent lock on a portion of LP tokens when claimed).

2. The Hodler Vault

DISCOUNT ON HODLER VAULT: 50% — YES, A FULL 50%!!

Liquid Vault 2 is brand new, even for the DegenVC team. In the Hodler Vault we have flipped the mechanism.

Here the User sends OSM tokens to claim ETH.

A User will now send OSM to the Holder Vault TO CLAIM ETH! It’s revolutionary. Here are the details:

1. What is “ETH Fee” in a normal Liquid Vault is now an OSM Fee, and because it is set to 0% the discount on LP tokens is a FULL 50%.
2. The LP tokens will be locked for a period of 30-days. Once this time is up, the claim LP functionality on the dapp can be used to withdraw LP tokens. Users options include:
   - Unpool and sell the $OSM and keep the ETH, or reinvest it in the LP for another 50% discount;
   - Retain the LP to add value to overall $OSM liquidity; or
   - A combination of the above.
3. In HV, the lock period does not change and there is 0% LP Donation (there is no permanent lock on a portion of LP tokens when claimed).

Summary

This combination is designed to incentivise people to claim a discount potentially multiple times, while having their LP locked for differing period of time according to their discount preference. Alternatives, as they say, are everything in life!!

The AV will be seeded with 10% of total supply — 10MM tokens. It will then be up to users to decide if:

1. AV: The 20% discount is worth the short 4-day lock period.
2. HV: The 50% discount is sufficient to cover the 30-day lock period.