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Investment

Strategy Token

Investment product page

For the complete article about how to use and view the VegaX dashboard, please visit this page

Here you will find the information regarding the exact investment product/s that you invested in. Appreciation and depreciation of your portfolio will be based on the token product value. Each investment product is represented by tokens that you own. If VEBE is worth $0.81 and you invest $8100 in it, you will own 10,000 VEBE tokens. The strategy/investment product result will be reflected through the appreciation or depreciation of the token price. If the token price reaches $1 and you sell your 10,000 VEBE tokens, you will receive $10,000 and will have earned a net profit of $1900.

General strategy information

This view includes all of the information regarding the investment products. Assets Under Management represents the funds that are currently invested by VegaX clients in the strategy. Token Circulating Supply is the number of tokens currently circulating for the strategy. You can also see the price range over the last 24 hours, as well as the price range over the last month and the last 3 months.


Buy Investment Product

For the complete article about how to BUY/SELL strategies token on VegaX dashboard, please visit this page

In order to buy a strategy, you have different options:

  • You can click on the BUY/SELL button at the top of your dashboard overview and choose in the list, the strategy that you wish to invest in as well as the amount that you want to invest in from your deposit wallet

  • You can visit the investment products page on the dashbaord, choose a strategy by clicking on it then you will have the opportunity to buy it in the menu on the right of your screen

  • You can also see the portfolio page and click on the invest now button


Sell Investment Product

For the complete article about how to BUY/SELL strategies token on VegaX dashboard, please visit this page

In order to sell a strategy, you have different options:

  • You can click on the BUY/SELL button at the top of your dashboard overview and choose in the list, the strategy that you wish to sell as well as the amount that you want to sell from your portfolio

  • You can visit the investment products page on the dashbaord, choose a strategy by clicking on it then you will have the opportunity to sell it in the menu on the right of your screen

  • You can also see the portfolio page and click on the BUY/SELL button that is being displayed under your investment strategy in “MY PORTFOLIO INVESTMENTS”


Lock-Up Period

A 3-month lock-up period applies to the first “buy” transaction for VegaX Enhanced Bitcoin Exposure (VEBE) or VegaX Enhance Ethereum Exposure (VEEE) investment products. This three month period applies only to the first “buy” transaction of VEBE and VEEE.

Example: You buy VEBE in January and invest 1 BTC. Your lock up period is for 3 Months (January - March). In April, you buy more VEBE and invest another 1 BTC. The investment in April, is not subject to a lock up period.

This provides clients with the opportunity to benefit from compounding returns, which are more easily achieved at a minimum of 3 months in these types of products.
After the three-month lock-up period, clients can withdraw their assets penalty-free.

If clients wish to withdraw assets before the completion of the three-month lock-up period, penalty fees apply. The penalty fees include Management Fees and/or Additional Penalty Fees:

  • Management Fees are calculated daily from the date of the initial investment through to the date of asset withdrawal. Current Strategy Fees: VEBE / VEEE = 0.025% / day

  • Additional Penalty Fees are any potential gains/returns resulting from the investment period that will be credited to VegaX. Any potential gains/returns will not be credited at withdrawal. If no gains/returns are applicable, no additional fees apply.


Active and Inactive Periods

What are active/inactive periods?

Active and inactive periods reflect the time when clients can buy or sell specific strategies. These periods only apply to the buying and/or selling of VEBE/VEEE. These periods apply because of the types of strategy, which require specific “open” or “closed” periods for investing cryptocurrencies.

Why is there a buy and sell period for VEBE/VEEE?

VEBE/VEEE are covered call options strategies, where call options are sold for a premium at the beginning of the month. The calls sold at the beginning of the month can only be settled at the end of the month. Therefore, VEBE/VEEE can only be bought or sold during the active/inactive periods.

When are these active/inactive periods?

  • Active Buy:

    To Buy, the active period is the first seven days of every month. For example, if today is the 15th of January, the status would be “inactive” until the 1st of February. From February 1st - February 7th, the status would change to “active.” On February 8th, the status would change to “inactive.”

  • Active Sell:

    To sell, the active period is the first day of every month. For example, if today is the 15th of January and you wish to sell, the status would be “inactive” until the 1st of February. On February 1st, the status would change to “active.” On February 2nd, the status would change to “inactive.”

  • Inactive Periods:

    An inactive period is the status given to buy/sell activities when the activity is awaiting an active period. For a buy, the inactive period is any time outside of the first seven days of every month. For a sell, the inactive period is any time outside of the first day of every month.

Red light, Green light Icons

When buying/selling VEBE/VEEE, you will notice Red/Green light icons to display the active/inactive status of the strategy.

  • Active Period: Green light
  • Inactive Period: Red light

What if I want to buy/sell during the inactive period?

You can place your buy/sell order during the inactive period and it will be executed during the active period. Until the active period begins, your order will be pending. You will still be able to cancel a pending order before an active period starts.


Pricing and Fees

  • Management fees are collected 00:00AM UTC everyday.

  • A new user fund added to a strategy becomes fee-collectible starting from the next day.

  • Currently management fees for VEBE/VEEE are 0.025% / day (or 2.5BP/day) VDEFI and others non option strategies, management fee rate are 0.015% / day (or 1.5BP/day)

  • When a fee collection starts, every asset of a strategy is decreased by 1.5 BP as fees. The fees are immediately transferred to a fee reserve virtual account and the NAV of the strategy decreased by 1.5BP as a result.