🚀 Starter Guide
Last updated
Last updated
Here at ValiFi we do things a little different, this channel will help you understand the project.
We have been working on this project for over 8 months, we have meticulously designed this ecosystem to be as sustainable as possible. Here is how to join the ecosystem and start earning:
Yield-Keys are your ticket to enter this private club and maximize reward generation. Yield-keys help the project stay sustainable by capping the rewards the project pays out per day. This will avoid the compounding issue where reward payout continues to increase indefinitely.
You can purchase your Yield-Key through our marketplace. Legendary Yield-Keys (LYK) have space for 12 YieldBoxes (AKA Nodes) Legendary Yield-Keys will never expire and you can sell them at any time.
YieldBoxes, AKA 'nodes' in the DeFi space is a box that makes you passive income. A YieldBox that is connected to a Yield-Key will earn you 0.1 VALI per day. To purchase a YieldBox you need a combination of VALI and USDC. You need 5 VALI tokens + the equivalent of 5 tokens in USDC. VALI token can be purchased through TraderJoe here:
Once you have USDC and VALI you can head to our dApp --> Click the Purchase YieldBox button at the top. Sign the transaction and thats it! (edited)
Refresh after transaction went through. At the bottom you will be able to see your Legendary Yield-Key. Press the Stake button below it to enter it into the system. Once thats done you can pay the monthly fee of the Yield-Box ($10 USDC when connecting to a LYK) Just like magic the two will link and you will be earning passive income. Each day you will get 0.1 VALI! You can compound or purchase more YBs to earn even faster.
We hope this guide gave you a better understanding into ValiFi and how we do things here. If you have any further questions you can always ask our discord
https://discord.gg/valifi