Wault’s New Vault: Have Your Cake and Eat It Too
Obesity is on the rise, so put down that Cake big boy. In fact, you know what? We’ll even make it easy for you, because we’re announcing a new Vault where you can stake Cake and earn Wault.
Don’t eat the Cake! Stake it! Stake it for your physical and economic health! You can make dividends this way! You know what else? If you’re holding Wault, you’ll be even better off, because these Wault rewards are not emissions, but buy-backs! We’ll be taking the Cake rewards and using them to buy Wault on the market, creating significant buying pressure to push up the price.
In addition, there are bonus rewards! We’ll be adding an extra 2000 Wault to the stakers in the Cake Vault, to be emitted over 30 days. Until 10 million TVL, these rewards will increase APY substantially. So get ready, because even without the cake, we’ll still fatten up you and your wallet.
What’s more, dessert is coming. Two more Vaults will arrive soon(BNB and BUSD) that will work under similar principles, leading to buy backs of Wault and your tummies getting thicker with rewards.
In addition, we’ll soon be announcing other releases: new partnerships, viewable versions of scheduled products, and future plans for the roadmap. So get on that treadmill, cause you’re about to eat a little too well.
What is Wault Finance?
Wault Finance is a decentralized finance hub that plans to connect all the primary DeFi use-cases within one simple ecosystem on Binance Smart Chain. We believe the benefits of DeFi should be accessible to the masses but in an intuitive way; avoiding the expensive fees, confusing interfaces, and centralized decision-making of many current platforms. So with these goals in mind, we’ve built a protocol with some unique features we believe will amplify the power of wealth-accumulation for our users.
In addition, we believe in open and decentralized governance. That’s why WAULT token holders will be able to vote on and decide all aspects of the protocol’s future development path. Every developer is also welcome to work on and contribute to our open-source code. Come join the movement and help us advance DeFi on the Binance Smart Chain!
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