Vulture Peak Litepaper
  • Vulture Peak
  • About Vulture Peak
    • 🤷‍♂️What is Vulture Peak?
    • 👣Current challenges on Launchpads
      • A. Challenges
      • B. Solutions
    • 🧑‍🏫Overall Process
    • 🪐Vulture Peak Ecosystem
    • ⚡Features
      • A. Deflationary Mechanism
      • B. Staking and Farming
      • C. Guaranteed Allocations
      • D. Gamification and Vultureverse
      • E. Early Stage Investor
    • 🛠️Token Utility
    • 🪙Tokenomics
    • 📃Contract Address
    • 🔌Apply to Launch on Vulture Peak
  • User Manual
    • 📚How To Participate In An IDO
      • A. How to register and participation in an IDO
      • B. How to Claim Your Token
  • ❓FAQ
    • What is Vulture Peak?
    • What is the total supply of VPK Token?
    • What is number of VPK Token required to participate?
    • Will I get a refund of my VPK tokens after whitelisting if I decide not to participate in the IDO?
    • Is Vulture Peak multichain?
    • What makes users migrate from their current launchpads to Vulture Peak?
    • Who Audited your Smart Contract?
    • Without token staking requirements for IDOs, how will Vulture Peak maintain its token price?
    • What is the Contract Address of VPK Token?
  • 🌐Socials
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  1. About Vulture Peak
  2. Features

B. Staking and Farming

Staking The staking on Vulture Peak platform is slightly different as the users get staking rewards in points. Users can stake their $VPK and VPK-BNB LP tokens to increase their total points depending on the number of tokens staked.

When users unstake, their total points will decrease accordingly. Depending on the total points collected from staking, users will be incentivized through a profit-sharing mechanism and it can also be used to participate in games, NFT, or the metaverse as it progresses. However, this feature will initially be disabled and will be made available once enough profit has been generated for profit-sharing amongst the community members.

Farming pool

In the Farming Pool, users stake their $VPK tokens to earn reward tokens depending on the duration and the number of tokens staked. Initially, a farming pool will be created to stake $VPK tokens and earn reward tokens in $VPK. This will be similar to staking features in other platforms. Then gradually, other pools will be created to stake $VPK tokens and earn reward tokens in other project's tokens.

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Last updated 3 years ago

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