Future Features

Current restrictions, may be lifted in the future if the company deems they would be needed. Currently 2 restrictions could be lifted. This would cause:

• Users to be able to add GSC/USDC into the Lending Platform and receive vGSC/vUSDC at the prevailing index.

• vGSC/vUSDC owners would be able to execute a direct Redemption of vGSC/vUSDC, which is detailed below. Redemption implies the use of Meta-ESDT rGSC/rUSDC which is 1:1 vGSC/vUSDC.

Restriction 1: Ability to add GSC/USDC into the Protocol for everyone

Initially only the company will be able to add GSC/USDC into the protocol. If it is observed that the need would arise for third parties to be able to add into the protocol, this restriction may be lifted in the future.

Restriction 2: vGSC/vUSDC Direct Redemption

When direct Redemption will be added, Meta-ESDT vGSC/vUSDC (termed rGSC/rUSDC)will be redeemable directly in GSC/USDC the at the current Index Lending Index [LI].

Even with Direct Redemption online, vGSC/vUSDC will still be generated as ESDT Token. ESDT will have to be prepared for Redemption by converting it to its Meta-ESDT Variant in a second Transaction.

Redemption however is contingent of a Redemption Fee %, that would have to depend on a so called "Fee Epoch", a meta-Data that would have to be saved in each batch of vGSC/vUSDC, representing the "birth date" of said Meta-ESDT vGSC/vUSDC batch. Depending on the Fee Epoch saved in the the Meta-Data of each vGSC/vUSDC batch, a fee would be computable for each individual meta-ESDT vGSC/vUSDC batch.

Fee Epoch is written in the meta-Data using the following logic:

• When swapping vGSC/vUSDC ESDT to its Meta-ESDT equivalent, the Fee Epoch is the creation Epoch of said meta-ESDT.

• When merging multiple vGSC/vUSDC batches, a new Fee Epoch is computed using a weighted mean of the Fee Epochs saved in the batches to be merged, weighted by their amounts:

Example:

100 Meta-ESDT vGSC/vUSDC with Fee Epoch 1300, and 900 Meta-ESDT vGSC/vUSDC with Fee Epoch 1500. A single batch of 1000 Meta-ESDT vGSC/vUSDC will result with a Fee Epoch (rounded down) of:

(100x1300+900x1500)/1000=(130000+1350000)/1000=1480000/1000=1480

Redemption Fee (80% over 200 Days)

The Redemption Fee is prohibitive in order to enforce the liquidity to remain deposited as collateral for a certain period of time. The enforced period is 200 Days. That is, if you redeem your Meta-ESDT vGSC/vUSDC in the same epoch you have created it, you will incur a 80% fee, next epoch, the fee would become 79.6%. Only after 200 Epochs the redemption fee would be zero, decreasing by 0.4% each Day.

Redemption Fee is also payable in VST token; paying the fee using VST tokens will make for a full return of the GSC/USDC as computed using the Lending Index. VST kept as fees, is converted to OURO and the resulting OURO is inserted into the SLIP.

The fees kept as GSC/USDC are considered interest, and will cause the Lending Index [LI] to increase.