Vegaswap community, we have exciting news!
We’re thrilled to announce Boost Pools, a conventional twist to staking pools.
Our boost pools are different because they offer a staking protocol allowing users to earn higher interest rates for their tokens. Which in turn translates to higher earnings.
Prepare your money to stake in Boost Pools!
Our platform is unique in that depending on the assets traded and the governance of the pool, there can be different pools issued; smart pools, market-making pools, asset issuance pools, and boost pools are great examples.
The most significant pool for $VGA staking, boost pools, works the same way high yield saving accounts work in centralized banking. Paying returns are multiple times higher than the normalized average staking ROI, especially when users’ tokens are staked and locked for six months or more.
Users who are looking for higher interest in their tokens can take advantage of this to earn more.
There’s 80 billion USDT in the world looking for higher yield and opportunities to maximize their return; Vegaswap’s boost pools are the perfect way to execute this. Stablecoins have grown exponentially (see chart)
However, with Vegaswap’s boost pools, users have the option to stake their tokens for one month, two months, or three months.
Image reference: Debank.com
Benefits of participating in Boost Pools
The main benefit of staking is not just a high return on investments; anyone holding USDT tokens can also participate in boost pools- accessing a compound yield over 5% monthly to increase their earnings.
An additional benefit provided by boost pools, is the choice of Stablecoins which will be introduced.
In the near future, Vegswap boost pools alongside USDT will include USDC, BUSD and more. These increased options provide more convenience for users with an overall enjoyable experience!
Smart pools allow users personal customization based on preferences, in addition to accessing helpful analytics to monitor their pool’s performance over a trading period.
The boost pools can also have a stakeToken and yieldToken with example pairs like USDT/VGA, VGA/VGA, BNB/VGA.
NOTE: Initially, only $USDT and $VGA will be supported, but more tokens will be added upon completion of the d’App.
Vegaswap is a user-centered automatic market maker that leverages multichain technology, providing users with a wide range of DeFi and cross-chain applications through its platform. I supports and enables seamless token earnings through customizable liquidity pools, dynamic pricing, and an intuitive UI. Vegaswap makes the work of LP providers efficient and profitable by creating provisions for unique smart pools, providing analytics tools, and reducing impermanent loss with adaptive spread.
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