vXDEFI

Please note that the vXDEFI token is connected to the XDEFI token (https://www.coingecko.com/en/coins/xdefi ) and so the information for the above 5 questions can be taken from there: https://www.coingecko.com/en/coins/xdefi

XDEFI token holders are able to stake their XDEFI tokens and when they do, they receive vXDEFI in exchange, which is a transferable and fungible token. So, for every 1 XDEFI token staked, the staker receives 1 vXDEFI token in return.

vXDEFI represents the staker’s percentage ownership of the entire vault receiving the rewards in XDEFI coming from the fees collected by XDEFI.

There is no lock-up period and rewards will auto-compound until stakers decide to convert their vXDEFI back into XDEFI tokens.

vXDEFI tokens can also be used to vote on XDEFI community proposals via Snapshot.