How to use DUDU AI agent vault
To use DUDU as a depositor, and take advantage of DUDU agent's expertise, users can deposit into the DUDU AI agent vault. Vault is temporarily capped at 1M USDC TVL to manage the demand for early access to DUDU tokens. Deposits will be periodically raised as they are hit.
V0 phase:
V0 phase is available only on Base, users are requested to select Base network and use wallets available from the list.
Users are requested to deposit at a minimum of 5k USDC, with the overall supply ie vault TVL capped at 1M USDC. In recognition of their early usage, the first depositors get access to token rewards and points as explained in the next section
Deposit flow:
Users select BASE network, click deposit, and use their browser wallet to deposit the amount
Amount is automagically sent to the Polymarket account where Dudu can intelligently allocate the funds to select markets, and open trades
Performance fees:
Depositors accrue loyalty points based on the amount deposited into the vault, which may be rewarded as potential airdrops.
Dudu charges 25% performance fee for all profits for depositors.
A withdrawal fee of around 20bps i.e. 0.2% is charged to cover bridge and transfer charges. This is variable and may change as we scale. Fast withdrawals i.e. withdrawals with around 1 day is subject to additional fees of around 1% variable rate.
After pressing claim button when the initial lock has expired, depositors can choose between three lock windows for claiming between 1month, 3 month, or 6 months. The initial lock is set for Jan 2, 2025
Dudu enables a small mutliplier on loyalty points for 3 months
Dudu enables a large multiplier on loyalty points for deposits upto 6 months
Loyalty points are awarded to long-term depositors and will be considered for potential airdrop opportunities.
Why the long claim window:
Prediction markets are inherently illiquid, and Dudu requires time to close trades effectively. Short claim windows can adversely affect trade performance.
For example: A market resolving at the end of December may face potential disputes over its resolution. If a user withdraws funds before the market resolves or during suboptimal conditions, there may be potential losses due to exiting the market prematurely.
Claim flow:
User clicks claim button and selects a claim window of 1 month, 3 month and 6 months.
Users can initiate a claim request during the first two weeks of any month.
The claim request will be recorded by Dudu, signaling the need to close trades in order to service the depositor.
If a user clicks the Claim button after the two-week window, the deposit will be made available for withdrawal in the following month.
Fast Withdrawal Option:
A fast withdrawal option is available, allowing users to withdraw funds within approximately 1 day, depending on liquidity availability. This option is subject to additional fees. Please contact our support if this is necessary.
Withdrawal Process:
The Withdraw button will be enabled after the selected claim window has expired (1 month, 3 months, or 6 months).
Users will then receive their deposited funds along with potential profits or losses (PnL).
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