Venture Yields is LIVE
Dear DAO Maker Community,
We are proud to announce our biggest upgrade to the DAO Pad yet— the long awaited Venture Yield staking system has finally arrived.
Starting with the Victoria VR SHO, every Strong Holder will receive DAO Power by staking DAO in the VY contracts.
Venture Yield contracts will be launched starting with 10.5M DAO incentive tokens that will be distributed over 1095 days — meaning 3.5M DAO per year. These tokens are already in the contracts and cannot be removed as the contract are fully decentralised.
Important: Venture Yield is reserved for Strong Holders of the $DAO Token and is not accessible by holding LP tokens. The rules for users that choose to participate through LP are unchanged — hold them in the wallet for 1.5x DAO Power.
Major updates to the User Interface
Venture Yield Simulator
To reach VY click on Stake and you will be directed to the simulator, which allows them to calculate VY & SHO rewards depending on different outcomes.
Estimated APR will vary highly depending on SHO performances as well as staking behaviours of other participants.
Portfolio Section
The Portfolio Section now features separate tabs — SHO Yield, Venture Yield, My Investments and Previous Participations. This way all your investments, APR and rewards are all structured and accessible.
SHO Yield
All your SHO stats on one screen.
Vesting Schedule
Know when to expect your allocated tokens.
Venture Yield
Stay on top of your rewards from staking in VY.
Attention:
Users are given bonuses for longer staking periods, however the rewards are only distributed at the end of the staking period or at withdrawal. Unstaking before the predefined period was reached will cause the user to pay a fee.
To get a full understanding we highly recommend to read the VY article:
https://medium.com/daomaker/introduction-to-venture-yield-9b0926f539ab
