YieldBox Staking
YieldBox Staking
(Automatic, No Action Required by Investor)
With the new and better logic of Yield-Keys, wallet space is not limited. Investors can compound, but YieldBoxes would not be active until a Yield-Key is added.
YieldBox Staking allows investors, who create YieldBoxes that are not paired with a Yield-Key, to receive staking rewards automatically for the first 60 days from the day of creation.
Benefits for Investors
Receive 10% of regular rewards for 60 days from the day of creation without the need to purchase a Yield-Key, nor the need to pay any monthly fee.
YieldBox Stakers will automatically entered into a whitelist for the next round of Yield-Key minting.
Protocol Benefits
Reduce selling pressure of the VALI token.
Decrease the barrier of entry for new investors which increases buying pressure of the VALI token.
Increase sustainability.
Numbers can change in the future if necessary.
What Does This Mean For New Investors
New investors who have not been able to acquire a Yield-Key will now be able to purchase YieldBoxes and start generating YieldBox Staking rewards without any fees. In doing so, they will also receive a whitelist spot for the next minting of Yield-Keys.
What Does This Mean For Current Investors
Investors can now compound and start earning YieldBox Staking rewards without having to purchase a Yield-Key, nor pay the monthly fee. In doing so, they will also receive a whitelist spot for the next minting of Yield-Keys.
Other forms of staking will be announced at a later time.
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