1. What Are the VINE & vUSD Contract Addresses
VINE Token Contract: 0xCC34EBcB6ecD87754380C811BdD8b6A35be40dd7
vUSD contract address: 0x9b439999b816eCc2B733f9889509157b7983B8C4
VINE/ROSE LP Contract: 0x70A83aeA847676F820dA766d6e4975165E2fd852
vUSD/USDC LP Contract Address: 0xc1Ef81E267443E59474596982791D3A58455201F
Link to VINE/ROSE Pool to buy $VINE on open market:
https://illuminex.xyz/pools/0x70A83aeA847676F820dA766d6e4975165E2fd852
Link to vUSD/USDC Pool to buy $vUSD on open market:
https://info.illuminex.xyz/pair/0xc1Ef81E267443E59474596982791D3A58455201F
2. I participated in the presale or am eligible for an Airdrop — why have I only received 60% of my tokens on launch?
All presalers and airdrop recipients receive 60% tokens up front and the other 40% is vested linearly over the subsequent 6 months. The vested tokens will be drip fed on an ongoing basis and you can continue to claim them as the accumulate using the Claim button on the Vine Money website.
3. How long do I need to lock my VINE tokens for in order to vote on emissions allocations?
You must lock VINE tokens for a minimum of 26 weeeks to participate in voting on emissions allocations. The longer you lock, the bigger the rewards boost you’ll get on all reward-bearing activities (up to a max of 2x boost)
4. When I claim my rewards they appear to be locked. How long does it take for them to unlock / what is the withdrawal process?
At launch, rewards are locked for 26 weeks, reducing by one week every two weeks, reaching 0 one year after launch.
5. How do I earn $VINE rewards?
You can view all the ways to earn $VINE rewards and the corresponding APRs on the “Earn” page of the Vine Money dApp.
There are 4 ways to earn $VINE rewards:
a) Mint & hold vUSD
Read the dApp guide here for instructions on how to mint vUSD:
https://medium.com/@vine_money/vine-money-dapp-guide-96ff7119fb7e
b) Provide LP to the ROSE/VINE liquidity pool.
i) Head to the pool on IllumineX:
https://illuminex.xyz/pools/0x70A83aeA847676F820dA766d6e4975165E2fd852
ii) Click on the “Deposit” tab and add quantities of VINE/ROSE. You will receive LP tokens in return.
iii) Head to the Earn section of the Vine Money dApp at:
https://vinemoney.xyz/Earn
iv) Click “Manage” on the ROSE/VINE LP section and stake your LP.
c) Provide LP to the vUSD/USDC liquidity pool.
i) Head to the pool on IllumineX:
https://info.illuminex.xyz/pair/0xc1Ef81E267443E59474596982791D3A58455201F
ii) Click on the “Deposit” tab and add quantities of vUSD/USDC. You will receive LP tokens in return.
iii) Head to the Earn section of the Vine Money dApp at:
https://vinemoney.xyz/Earn
iv) Click “Manage” on the vUSD/USDC LP section and stake your LP
d) Add vUSD to Stability Pool
i) Head to the “Earn” page of the Vine Money dApp.
ii) Click “manage” on the “Stability Pool” section.
iii) Select the amount you wish to deposit and press “Deposit”
6. How To View & Claim Rewards
Once you have completed reward-bearing activities you can view the rewards you have accumulated on the Rewards section of the Vine Money dApp.
NOTE: At launch, rewards are locked for 26 weeks, reducing by one week every two weeks, reaching 0 one year after launch.
When Rewards become unlocked, you can claim them by clicking the “Claim” button in the Rewards section.
7. How Do I Vote On Emissions Allocation In The Vine Money Ecosystem?
First lock your $VINE tokens for a minimum of 26 weeks by navigate to the “Lock” page on the Vine Money dApp, selecting the amount you wish to lock and pressing “Lock”.
Then head to the “Vote” page to cast your vote.’
8. I Don’t Have Enough vUSD To Pay Back My Loan & Withdraw My Collateral. What Do I Do?
You can buy more vUSD to may back your loan by purchasing it using USDC on the open market at:
https://info.illuminex.xyz/pair/0xc1Ef81E267443E59474596982791D3A58455201F
9. Certain Transactions Such As Minting vUSD Are Not Going Through — What Do I Do?
Check that you have a sufficient amount of $ROSE in your wallet to cover gas fees.
VINE Token Contract: 0xCC34EBcB6ecD87754380C811BdD8b6A35be40dd7
vUSD contract address: 0x9b439999b816eCc2B733f9889509157b7983B8C4
VINE/ROSE LP Contract: 0x70A83aeA847676F820dA766d6e4975165E2fd852
vUSD/USDC LP Contract Address: 0xc1Ef81E267443E59474596982791D3A58455201F
Link to VINE/ROSE Pool to buy $VINE on open market:
https://illuminex.xyz/pools/0x70A83aeA847676F820dA766d6e4975165E2fd852
Link to vUSD/USDC Pool to buy $vUSD on open market:
https://info.illuminex.xyz/pair/0xc1Ef81E267443E59474596982791D3A58455201F
2. I participated in the presale or am eligible for an Airdrop — why have I only received 60% of my tokens on launch?
All presalers and airdrop recipients receive 60% tokens up front and the other 40% is vested linearly over the subsequent 6 months. The vested tokens will be drip fed on an ongoing basis and you can continue to claim them as the accumulate using the Claim button on the Vine Money website.
3. How long do I need to lock my VINE tokens for in order to vote on emissions allocations?
You must lock VINE tokens for a minimum of 26 weeeks to participate in voting on emissions allocations. The longer you lock, the bigger the rewards boost you’ll get on all reward-bearing activities (up to a max of 2x boost)
4. When I claim my rewards they appear to be locked. How long does it take for them to unlock / what is the withdrawal process?
At launch, rewards are locked for 26 weeks, reducing by one week every two weeks, reaching 0 one year after launch.
5. How do I earn $VINE rewards?
You can view all the ways to earn $VINE rewards and the corresponding APRs on the “Earn” page of the Vine Money dApp.
There are 4 ways to earn $VINE rewards:
a) Mint & hold vUSD
Read the dApp guide here for instructions on how to mint vUSD:
https://medium.com/@vine_money/vine-money-dapp-guide-96ff7119fb7e
b) Provide LP to the ROSE/VINE liquidity pool.
i) Head to the pool on IllumineX:
https://illuminex.xyz/pools/0x70A83aeA847676F820dA766d6e4975165E2fd852
ii) Click on the “Deposit” tab and add quantities of VINE/ROSE. You will receive LP tokens in return.
iii) Head to the Earn section of the Vine Money dApp at:
https://vinemoney.xyz/Earn
iv) Click “Manage” on the ROSE/VINE LP section and stake your LP.
c) Provide LP to the vUSD/USDC liquidity pool.
i) Head to the pool on IllumineX:
https://info.illuminex.xyz/pair/0xc1Ef81E267443E59474596982791D3A58455201F
ii) Click on the “Deposit” tab and add quantities of vUSD/USDC. You will receive LP tokens in return.
iii) Head to the Earn section of the Vine Money dApp at:
https://vinemoney.xyz/Earn
iv) Click “Manage” on the vUSD/USDC LP section and stake your LP
d) Add vUSD to Stability Pool
i) Head to the “Earn” page of the Vine Money dApp.
ii) Click “manage” on the “Stability Pool” section.
iii) Select the amount you wish to deposit and press “Deposit”
6. How To View & Claim Rewards
Once you have completed reward-bearing activities you can view the rewards you have accumulated on the Rewards section of the Vine Money dApp.
NOTE: At launch, rewards are locked for 26 weeks, reducing by one week every two weeks, reaching 0 one year after launch.
When Rewards become unlocked, you can claim them by clicking the “Claim” button in the Rewards section.
7. How Do I Vote On Emissions Allocation In The Vine Money Ecosystem?
First lock your $VINE tokens for a minimum of 26 weeks by navigate to the “Lock” page on the Vine Money dApp, selecting the amount you wish to lock and pressing “Lock”.
Then head to the “Vote” page to cast your vote.’
8. I Don’t Have Enough vUSD To Pay Back My Loan & Withdraw My Collateral. What Do I Do?
You can buy more vUSD to may back your loan by purchasing it using USDC on the open market at:
https://info.illuminex.xyz/pair/0xc1Ef81E267443E59474596982791D3A58455201F
9. Certain Transactions Such As Minting vUSD Are Not Going Through — What Do I Do?
Check that you have a sufficient amount of $ROSE in your wallet to cover gas fees.
Medium
Vine Money dApp Guide
The Vine Money dApp is now live. Access it by clicking “Launch App” on the Vine Money website.
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The first upgrade of the Vine Money dApp is now complete, offering an enhanced user experience 🚀
To try it out, go to:
https://vinemoney.xyz
Then click "Launch App".
Updated FAQs doc here:
https://medium.com/@vine_money/vine-money-faqs-ef08d9d0fd18
Big marketing & BD push starting Monday 🍷
To try it out, go to:
https://vinemoney.xyz
Then click "Launch App".
Updated FAQs doc here:
https://medium.com/@vine_money/vine-money-faqs-ef08d9d0fd18
Big marketing & BD push starting Monday 🍷
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Dear Vine Money Community,
We’re disappointed to announce that IllumineX has chosen to delist $VINE and $vUSD from their exchange as officially recognised tokens.
Whilst it's unfortunate to be delisted from the primary DEX on Oasis Sapphire, VINE and vUSD may still be traded by copy and pasting the token contract addresses on IllumineX.
The contract addresses are as follows:
VINE Token Contract: 0xCC34EBcB6ecD87754380C811BdD8b6A35be40dd7
vUSD contract address: 0x9b439999b816eCc2B733f9889509157b7983B8C4
We have been endeavouring to work collaboratively with the Vine Community and the wider Oasis Sapphire Ecosystem to address any bugs and concerns and believed we were close to resolving all issues.
The protocol is still functioning as per normal bar outstanding bugs. We will be discussing internally the best way forward and will look to resolve all bugs ASAP.
We’re disappointed to announce that IllumineX has chosen to delist $VINE and $vUSD from their exchange as officially recognised tokens.
Whilst it's unfortunate to be delisted from the primary DEX on Oasis Sapphire, VINE and vUSD may still be traded by copy and pasting the token contract addresses on IllumineX.
The contract addresses are as follows:
VINE Token Contract: 0xCC34EBcB6ecD87754380C811BdD8b6A35be40dd7
vUSD contract address: 0x9b439999b816eCc2B733f9889509157b7983B8C4
We have been endeavouring to work collaboratively with the Vine Community and the wider Oasis Sapphire Ecosystem to address any bugs and concerns and believed we were close to resolving all issues.
The protocol is still functioning as per normal bar outstanding bugs. We will be discussing internally the best way forward and will look to resolve all bugs ASAP.
❤3
VINE MONEY PROTOCOL UPDATE:
We wanted to provide a detailed post-launch update for the Vine community addressing a number of points recently raised, and their resolution:
Improved Decentralization and Security
Some members of the community had some justifiable concerns about some erroneous functions in the VineToken contract that risked centralization issues. We believe this was the cause of IllumineX temporarily removing VINE and vUSD as whitelisted assets on their DEX.
To rectify this, we took on extensive feedback from our advisors, IllumineX, Oasis, and Dedaub (our auditors) and delivered a satisfactory solution in a timely manner. This involves the deployment of a proxy contract that disables the functions in question.
This was delivered to the exact specifications requested by IllumineX, Oasis, and Dedaub and meets the highest standards of decentralization and security.
As we promised the proxy transfer of ownership was delivered today: https://explorer.sapphire.oasis.io/tx/0x0e88924ae2d544f2ef338007cbda02637c695bbe4aebdefa5ad1f4309dfef0d1
Further, we will transfer ownership to the DAO following a grace period to allow for the adjustment of any of other functions or features should their be any more feedback on that front.
To confirm, we have disabled the functions in question, and the audit report has been updated to reflect this: https://docs.google.com/document/d/1vr_NZ3pEVeJJKpnllHYil7YY8ReqmFf_hqcFgTffTo4/edit?usp=sharing
Clarification on Perceived Rewards Claiming "Bug"
There are no technical bugs around claiming and the protocol is functioning as it was designed to do. It's a slightly complex mechanism that we realize we should've taken time to explain more clearly on the UI.
To explain, the lock and boost function is associated with locked weight. The initial claimable reward assumes every user has reached the lock share (locked $VINE/total locked) to 2x their rewards.
However, according to the lock weight/boost multiplier rules, users can only claim the full 2x reward if their locked share (lock weight/total locks) is greater than or equal to the proportion of their claimable rewards out of the total rewards for the week.
If it's less, the rewards they can claim will proportionally decrease to 50% of the 2x reward. We do understand that the concept of locking weight and boosting is a bit confusing.
To simplify, we've changed the UI, now displaying the same amount in the rewards/claim section as the amount the user can actually claim so it is clear and transparent on the UI. Users can now clearly see their claimable rewards and needn’t worry about the underlying formula.
The system is designed this way to encourage sticky, long-term engagement in the protocol and give the highest rewards to those that demonstrate a longer term commitment to the growth of Vine.
To summarise the protocol functions as intended, no one has "lost" rewards, and we are making continuous UI upgrades to ensure a clear and efficient user experience.
Next Steps
To the best of our knowledge and based on community feedback we believe the primary centralization issues and any oustanding bugs have been fixed or clarified. We will continue to make improvements to the UI based on user feedback.
We have approached IllumineX and asked them to kindly whitelist VINE and vUSD on their DEX. We are submitting the necessary information for CG, CMC, DexScreener, and DeFiLlama.
Now our focus is on community building, marketing and business development to bring new users to Sapphire and Vine, and TVL and utility for both VINE and vUSD tokens.
We’ve now got over $360k in TVL, $160k vUSD in circulation, and $330k+ accumulated in our LP and Stability Pools, which provide a robust basis for the next stages of our growth.
We appreciate the patience and support from everyone in the Oasis Sapphire community, and two weeks in believe we have a solid base to focus on collaboration and growth of the Sapphire ecosystem.
We wanted to provide a detailed post-launch update for the Vine community addressing a number of points recently raised, and their resolution:
Improved Decentralization and Security
Some members of the community had some justifiable concerns about some erroneous functions in the VineToken contract that risked centralization issues. We believe this was the cause of IllumineX temporarily removing VINE and vUSD as whitelisted assets on their DEX.
To rectify this, we took on extensive feedback from our advisors, IllumineX, Oasis, and Dedaub (our auditors) and delivered a satisfactory solution in a timely manner. This involves the deployment of a proxy contract that disables the functions in question.
This was delivered to the exact specifications requested by IllumineX, Oasis, and Dedaub and meets the highest standards of decentralization and security.
As we promised the proxy transfer of ownership was delivered today: https://explorer.sapphire.oasis.io/tx/0x0e88924ae2d544f2ef338007cbda02637c695bbe4aebdefa5ad1f4309dfef0d1
Further, we will transfer ownership to the DAO following a grace period to allow for the adjustment of any of other functions or features should their be any more feedback on that front.
To confirm, we have disabled the functions in question, and the audit report has been updated to reflect this: https://docs.google.com/document/d/1vr_NZ3pEVeJJKpnllHYil7YY8ReqmFf_hqcFgTffTo4/edit?usp=sharing
Clarification on Perceived Rewards Claiming "Bug"
There are no technical bugs around claiming and the protocol is functioning as it was designed to do. It's a slightly complex mechanism that we realize we should've taken time to explain more clearly on the UI.
To explain, the lock and boost function is associated with locked weight. The initial claimable reward assumes every user has reached the lock share (locked $VINE/total locked) to 2x their rewards.
However, according to the lock weight/boost multiplier rules, users can only claim the full 2x reward if their locked share (lock weight/total locks) is greater than or equal to the proportion of their claimable rewards out of the total rewards for the week.
If it's less, the rewards they can claim will proportionally decrease to 50% of the 2x reward. We do understand that the concept of locking weight and boosting is a bit confusing.
To simplify, we've changed the UI, now displaying the same amount in the rewards/claim section as the amount the user can actually claim so it is clear and transparent on the UI. Users can now clearly see their claimable rewards and needn’t worry about the underlying formula.
The system is designed this way to encourage sticky, long-term engagement in the protocol and give the highest rewards to those that demonstrate a longer term commitment to the growth of Vine.
To summarise the protocol functions as intended, no one has "lost" rewards, and we are making continuous UI upgrades to ensure a clear and efficient user experience.
Next Steps
To the best of our knowledge and based on community feedback we believe the primary centralization issues and any oustanding bugs have been fixed or clarified. We will continue to make improvements to the UI based on user feedback.
We have approached IllumineX and asked them to kindly whitelist VINE and vUSD on their DEX. We are submitting the necessary information for CG, CMC, DexScreener, and DeFiLlama.
Now our focus is on community building, marketing and business development to bring new users to Sapphire and Vine, and TVL and utility for both VINE and vUSD tokens.
We’ve now got over $360k in TVL, $160k vUSD in circulation, and $330k+ accumulated in our LP and Stability Pools, which provide a robust basis for the next stages of our growth.
We appreciate the patience and support from everyone in the Oasis Sapphire community, and two weeks in believe we have a solid base to focus on collaboration and growth of the Sapphire ecosystem.
explorer.sapphire.oasis.io
Transaction 0x0e88924ae2d544f2ef338007cbda02637c695bbe4aebdefa5ad1f4309dfef0d1 - Sapphire Mainnet Explorer
View transaction 0x0e88924ae2d544f2ef338007cbda02637c695bbe4aebdefa5ad1f4309dfef0d1 on Sapphire Mainnet
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