Bonus of Inverse Perpetual Contracts

Definition of  bonus：
Bonus refers to the digital assets with a certain period of validity and profit cap given by Deepcoin to the user's inverse perpetual account, which is traded in the same way as the digital assets deposited by users.

How to get bonus?
Users can get the bonus through official events. The bonus is consistent with the real digital assets in the transaction, and can be used as the account equity / available margin of the inverse perpetual account to earn real digital assets.

Bonus expiry date
As the digital asset, bonus exists in user's inverse perpetual contract account and expires after 3 days . The expiration date can be extended by obtaining new bonus.
In order to encourage users to obtain and use bonus as much as possible, Deepcoin only recycles the "expired and unused bonus assets", and the expired bonus in the status of holding position will be recycled after the users manually close the position.

How to make profits from bonus

Bonus is only for trading or fee deduction, it CANNOT be withdrawn. But if you made profits by trading with bonus, you can withdraw the profits.

Users can use bonus in two ways: they can only use bonus for trading, or they can use both bonus and real digital assets at the same time.

Bonus usage principle
※ Bonus can be used with real digital assets at the same time:
※When placing a order with both bonus and real assets, and the transaction fee is deducted, then bonus will be deducted first.
※If position margin includes bonus, when funding fee incurred, bonus will be deducted first.
※When profits created, the profit part is real digital assets;
※When losses incurred, bonus will be lost first, and then is the real digital assets;
※When user transfers assets from inverse perpetual account to another account or user submits withdrawal requirements, all bonus will be cleared（refer to Note 1）;
※The profit part of bonus needs to meet the minimum requirement of deposit before it can be withdrawn.

Note 1: When there is bonus in your inverse perpetual account, if the bonus is under frozen state or in the holding position, the assets can not be transferred out; when there is no bonus been frozen or holding position, any asset transfer will cause the bonus to be cleared; therefore, it is recommended that you transfer the assets after making profit by trading bonus.