Vaultka X Vela Exchange — 3x Your esVELA Reward in Hyper VLP 2.0

The long awaited Hyper VLP 2.0 will finally open their doors to the public on 28th of June. The first 20 million VLP minters will be honored with ample esVELA rewards on top of the price appreciation from VLP. But wait, here’s more! Imagine you can earn 3x the esVELA reward with just 1/3 of the VLP size! By depositing into our Sake vault during the Hyper VLP period, you can earn 3 times esVELA than just depositing in Vela! So what are you still waiting for?

Detail

During the Hyper VLP 2.0 event, all new deposits in the Sake Vault (3x Leveraged VLP vault) will be deposited into the campaign. Depositors’ position will be leveraged with the s-WATER lending vault and be entitled with 3x the reward of esVELA that they can get.

Same as the Hyper VLP 2.0, the deposited VLP will be locked until 7th of June, and esVELA will be vested linearly in a year. In Vaultka, your esVELA allocation will be airdropped monthly during the year, and depositors can claim their reward on our Airdrop page. The campaign will end when the Hyper VLP 2.0 TVL reaches 20mil, or 7th of Jul.

Airdrop Mechanism

• Participants can check their eligibility and claim their reward monthly on our Airdrop page
• Monthly snapshots will be taken on the participants’ addresses, such that rewards will only be allocated to addresses included in the snapshot
• If depositors withdraw their position before the snapshot, they will NOT be entitled to the reward for the month
• For example, if the snapshot is taken on 8th of each month, and a depositor withdrew on the 7th, he/she will not be eligible for the reward of the month from 8th last month to 7th this month
• Hyper VLP 2.0 rewards forfeited from redemptions will be distributed among all qualifying participants left in Hyper VLP 2.0

More About Vaultka

Vaultka is a DeFi protocol that positions itself as the catalyst of the Decentralized Perpetual Exchanges on the Arbitrum ecosystem. Vaultka offers a Delta Neutral Strategy vault on GLP-GMX.io and 3x Leverage Strategy vaults on VLP-Vela Exchange and gDAI-Gains Network. It also offers lending vaults that cater to risk-averse investors with idle capital.

Official Website: https://www.vaultka.com/

Official Twitter Page: https://twitter.com/Vaultkaofficial

Official Gitbook: https://vaultka.gitbook.io/vaultka/overview/vaultka

Official Telegram Group: https://t.me/vaultkaofficial

Official Discord Group: https://discord.gg/hXagEmhN8F