💰Vaults
Vaults Will Help Increase Your Yield Farming Gains
Last updated
Vaults Will Help Increase Your Yield Farming Gains
Last updated
Vaults are a means of investment, where users are rewarded for depositing their crypto assets and contribute to the liquidity pool of a DeFi protocol. When you stake your tokens, the total locked value (TVL) of the project increases. By frequently compounding your interests, these projects optimize the users profits. This is commonly referred to as "yield farming".
Typically LP (Liquidity Pool) tokens or single assets are used for this purpose. For example, vaults in which BTC-BNB LP can be used, lead to more BTC-BNB LP over time, which effectively increases your share within the vault. This increases the users rewards over time.
As for accessibility, your funds are never locked. You may withdraw any time and have full control over your assets.
All Vaults are Auto Compound Pools/Farms
Pools/Farms that do auto compounding are also known as vaults. Auto compounding means that the profit you make will be converted to the deposit token and automatically reinvested to increase your gains! We have a bot that ensure frequent compounding. Our bot alos has a Telegram channel if you want to check what he does.
When browsing the vaults on our platform, you will see the annual percentage yield (APY), which takes frequent compounding into account. This is not included in the calculation of the annual percentage rate (APR). You will also see the daily interest rates and the total amount invested in a vault by all users (Total value locked/TVL). We also show which underlying protocol is used by the vault. Furthermore, our platform takes over many necessary transactions for the user during the process of depositing assets, thus saving you time and money.
The image below shows how our vaults and MOON token are interconnected (more about this under Fees and MOON token).
