How do you determine how much VAPE you will be able to claim from the Genesis Pool?
Let’s use a hypothetical scenario where 100M VPND is surrendered into the genesis pool, and you personally account for 1M of that VPND surrendered. VPND at the end of the event is worth $0.002. Here’s how it would all net out.
100M VPND is surrendered into the Genesis Pool, worth a total of 200K USDC (this is the VPND TVL)
420,000 VAPE is emitted to the participants, with the full emission being valued at 200K USDC, or 0.476 USDC per VAPE ([Value in USDC of VPND Surrendered] divided by [420,000 VAPE])
Your 1M VPND represents 1.0% of total VPND surrendered, allowing you to claim 1.0% of the 420,000 VAPE
You’re able to claim 4,200 VAPE at an initial valuation of 2,000 USDC
A 3.0% claim fee (deducted from the 4,200 VAPE) is charged upon claim — and the 126 VAPE is sent to the VaporFi Labs treasury for liquidity management
Your 1M VPND ends up netting you 4,074 VAPE, fully transferable to other wallets after claiming