The Operating Deposit is implemented to ensure investors are participating in the greater TC tokennomics while the Weekly Upkeep remains affordable to everyone.
The current Operating Deposit is
10:1cash-to-TC. If you deposit
10 USDC, you must also deposit
1 TCto be held as an Operating Deposit. If you deposit
690 USDC, you must also deposit
69 TC. The Operating Deposit will not be used towards paying the bot's Weekly Upkeep, nor will it accrue TCC farm rewards.
If you already have TC on-deposit in the bot and make a cash-only deposit, the Operating Deposit will automatically be subtracted from your existing TC deposits. As an example: You deposit
420 TCinto the bot and no cash. Your Operating Deposit is currently
0 TCand you will accrue Farm Rewards on the full
420 TC. You then deposit
30 USDCand no TC. Your Operating Deposit has now become
3 TCand only the remaining
417 TCwill earn you Farm Rewards. That
417 TCwill also be subject to the Weekly Fee. If you're confused, don't worry, all of the above is automatically managed for you. Our future bot website will show you a breakdown of everything line-by-line. It's quite easy: Deposit TC + Deposit Cash to use the bot.
The Operating Deposit is implemented to ensure more prominent investors, such as hedge funds or institutional asset managers, participate in the greater TC tokenomics while concurrently providing the Weekly Upkeep remains affordable to everyone. We want to ensure an average income earner in Pakistan, Finland, Iran, or Chile can all use our DEX Trading Bot. An Operating Deposit in proportion to cash deposits was the best solution to ensuring equity across all users.
When you withdraw, your Operating Deposit is reduced to the percentage of the total cash balance withdrawn. For example, if you deposited
100 USDCand immediately requested a withdrawal of
10 USDC, then
10%of your Operating Deposit will automatically be released, and you will begin earning the TCC farm rewards. Another example is if your current balance is
40 USDCand you request a withdrawal of
20%of your Operating Deposit will be released. Should you request to withdraw your entire cash balance, your whole TC Operating Deposit will also be removed and may be withdrawn in the same transaction. Or separately. The choice, as always, is yours.