Vault Finance: Prominent DeFi project to be launched from its own Novation platform with cutting edge proprietary sell-less contract & utilities available on Day 1


Vault Finance, a DeFi project based on sound business decisions and revenue generation, announced the presale of its hyper-deflationary native token $VTFC that is based on the Binance Smart Chain, and the launch of its own Novation platform that is a combination of a launchpad and DEX. The project creators aim at raising the bar and setting new standards in the reflection tokenomics.

 

Reflection Tokenomics

Lately the crypto world has watched massive development of reflection tokenomics, often referred to as ‘reflection’. This distinct concept was designed to lessen the burden of difficulties associated with farming rewards. The essence of reflection tokenomics is volume-dependent. The approach reduces the negative sell pressure on the token which is created by early holders liquidating their holdings. The reflection algorithm also encourages investors to hold their tokenised assets and wait for larger returns that are proportional to the amount of tokens an investor holds. Reflection reward systems normally double the profit for those investors who keep their tokens within the longest time period.

 

Reflection works by charging penalties (most often in percentages) for transactions, and distributing fees among all token holders according to the percentage of assets they possess. Investors do not need to stake or wait for the fee to be delivered. Fees are awarded by smart contracts and immediately can be seen on a holder’s balance as tokens. There are no additional actions required from investors other than just keeping certain tokens in the wallets under their control. 

 

Novation DEX/Launchpad

Vault Finance proudly presents its own Novation Launchpad. Novation is a comprehensive trading platform that will facilitate sell-less contracts for Vault Finance and a list of friendly projects that would like to share the upcoming launch. This decentralised exchange (DEX) based on the Binance Smart Chain (BSC) will be able to trade in many base currencies such as BNB, BUSD, USDC, BTCB, ETH, AVAX, MATIC, DOT, XRP, ADA, and NEAR. Novation Launchpad was designed to avoid contract sells. It will not collect fees in native currency, which makes it effective in minimising the negative sell pressure on the token. Alongside with the cross-functional platform, Vault Finance is launching $VTFC, its native cryptocurrency. $VTFC is a hyper-deflationary BSC-based token that provides rewards in BUSD.  

 

Scheduled Utilities

The Vault Finance team is going to maintain multiple strategic partnerships and good relations with various well-established businesses in order to provide more utility options for the investors. The project is focused on increasing the utility value for the investors. There will be three utilities available starting from Day 1: an updated website (public and private), digital wallet, and dApp dashboard. The project’s ambition is to expand the power of utility with the next steps forward. The following options are coming soon: VaultCircle, communication platform for crypto investors; VaultXchange, a bazaar bridging the gap between cryptocurrencies and real-life goods and services, and a series of secret utilities.

 

About Vault Finance

Initially Vault Finance was created by three crypto evangelists with deep experience in investing. Chris Esparza (chief executive officer), Mason Jenkins (chief business officer), and Ross Miotti (chief operating officer) decided to revise the existing tendencies in the crypto reward system and initiated a new project. These three core team members used to be moderators in the crypto space before. Using their background they defined the strategy and started a long journey along the yellow brick road. Integrity, transparency, and honesty are the three fundamentals respected by Vault Finance, together with providing real value for investors whenever possible. The team does not miss any opportunity to refine the project. For example, they have got Certik Audit on their contracts. And today they are working with Reflecto on issuing a crypto debit card that could be used worldwide.

 

 

Kind Reminder

Do not forget to mark the 30th of July, 2022 in your calendar and make an entry in your busy schedule. The launch will be preceded by an AMA session, one hour prior to the event.

Set your alarm clock, follow the latest updates, and get ready for the final countdown.

 

Contact Details

Learn more about the company using the link to the website and social media accounts: https://t.co/lpxUpmEnz3

 

Social Links

Telegram: https://t.me/TheVaultFinance

Twitter: https://twitter.com/TheVaultFinance

Reddit: https://www.reddit.com/r/TheVaultFinance/

Facebook: https://www.facebook.com/TheVaultFinance

Discord: https://discord.com/invite/rU7aBwedm3

Reddit: https://www.reddit.com/r/TheVaultFinance/

SOURCE: Vault Finance.

 

This Press Release was published on behalf of clients, and does not mean that Publish0x endorses the companies, projects, or products mentioned.

How do you rate this article?

208


Publish0x PRs
Publish0x PRs Verified Member

Paid Press Releases published on Publish0x.com ... Publishing a press release or sponsored post does not mean that Publish0x.com endorses the companies, projects, or products mentioned.


Publish0x Press Releases
Publish0x Press Releases

Sponsored Crypto and Blockchain Press Releases Published by the official Publish0x.com account. To publish a press release, contact [email protected]

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.