Comment on page
Operation Deposit
The Operation Deposit is implemented to ensure investors are participating in the greater TC tokennomics while the Weekly Upkeep remains affordable to everyone.
The Operation Deposit will get implemented with the Beta Release of our Bot.
The Operation Deposit will be implemented to ensure investors are participating in the greater TC tokennomics. The future Operation Deposit is 10% of your USDC value deposited in TC Tokens. If you deposit 10 USDC, you must also deposit 1 USDC worth of TC Tokens to be held as an Operation Deposit. If you deposit 690 USDC, you must also deposit 69 USDC worth of TC Tokens. The Operation Deposit will not be used towards paying the USDC Trade Fee, the Operation Deposit only gets used if the Team decides to charge TC as Trade Fee instead of USDC, nor will it accrue TCC farm rewards. As an example: You deposit 420 TC into the bot and no cash. Your Operation Deposit is currently 0 TC and you will accrue Farm Rewards on the full 420 TC. 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 USDC to use the bot.
The Operation 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 Trading Fees 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 Operation Deposit in proportion to cash deposits was the best solution to ensuring equity across all users.
When you withdraw, your Operation Deposit is reduced to the percentage of the total cash balance withdrawn. For example, if you deposited 100 USDC and immediately requested a withdrawal of 10 USDC, then 10% of your Operation Deposit will automatically be released, and you will begin earning the TCC farm rewards. Another example is if your current balance is 40 USDC and you request a withdrawal of 8 USDC, 20% of your Operation Deposit will be released. Should you request to withdraw your entire cash balance, your whole TC Operation Deposit will also be removed and may be withdrawn in the same transaction. Or separately. The choice, as always, is yours.
The multi-sig administrators may occasionally adjust the ratio. The ratio only applies to future deposits. As a team, we anticipate the balance to generally trend upwards, where less TC per cash is required.
Last modified 3mo ago