Fleta Connect Will Open Cherry Vault Service

Fleta’s DeFi service, Fleta Connect, will launch Vault service at 22:00 (KST), July 20th! After its launch on July 8th, Fleta Connect’s TVL(Total Value Locked) exceeded 20M in only two days, and we can see many DeFi users are paying attention to Fleta Connect.

Fleta Connect is a BSC(Binance Smart Chain)-based DeFi service, and users can get rewards as Cherry, Fleta Connect’s governance token, for using its services. CherryPick and Basket are its services where users can stake their tokens and earn rewards.

Fleta Connect’s upcoming service, Cherry Vault, auto-compounds the profits users get from DeFi yield farming. Users can automatically get rewards with high APR when using the Vault service. Also, it is more convenient since users do not have to stake their rewards manually on their own.

The list of Vault is as shown in the image:

We have disclosed Fleta Connect’s roadmap on Docs. It is scheduled in 3 phases, and Fleta Connect will start the second phase with the launch of Vault. The launch of Fleta Converter, a bridge system that connects other networks to Fleta Connect, is also planned. We will link Polygon network to Fleta Connect and reveal more Vault services accordingly.

As a multi-chain DeFi service, Fleta Connect will expand its ecosystem and link various chains. Vault service will show our merits as a multi-chain service, and we will be open to DeFi users of other networks. Fleta Connect aims to be a representative multi-chain DeFi service that offers convenient and flexible environments for DeFi users.

Please stay tuned for more updates!

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