Vulcan Blockchain, the platform that pioneered layer-1 auto-staking, auto-rebasing, auto-compounding, MountedFlex, and the Fire Pit mechanism, is happy to announce the launch of their newest characteristic, the Vulcan PowerPool.
This characteristic is supposed to offer VUL coin holders with a novel solution to earn passive revenue on their investments, one thing that is sorely wanted nowadays as inflation is the highest it’s been in a long time and folks want extra methods to generate profits.
How can the Vulcan PowerPool profit you?
In distinction to quite a few different tasks which make the most of a lottery system, the Vulcan PowerPool ensures that each VUL coin holder is eligible for the rewards. Essentially, the Vulcan PowerPool is a 30-day whole of unclaimed each day Flex rewards, supposed to encourage continued participation in the ecosystem. This implies that rewards will not be misplaced and could be reclaimed later, which concurrently additionally boosts ecosystem participation.
In this manner, the Vulcan PowerPool acts as a model new and modern method for VUL traders to earn passive revenue with out having to rely on luck or likelihood, thereby considerably enhancing the traders’ incomes capabilities and serving to them generate a better revenue in a dependable and environment friendly method.
Vulcan is the very first and solely Blockchain which has pioneered this idea in providing income again to native VUL coin holders by means of this ingenious system.
Is it straightforward to get began or are there important limitations?
One of the recurring issues with most DeFi initiatives is the traders’ lack of ability to simply perceive what they’re stepping into (in different phrases, excessive limitations of entry). Vulcan, led by Bryan Legend, desires to make the whole lot very accessible and straightforward to understand in order that traders can get began instantly and never be slowed down by any obstacles, technical or in any other case.
With that in thoughts, claiming your PowerPool allocation is a comparatively simple course of however traders should fulfill sure standards beforehand. Firstly, they need to maintain no less than 1 VUL at the time of the PowerPool declare, they usually will need to have had each day Flex claims every day main as much as the PowerPool day.
Lastly, it is essential to keep in mind that lacking or forgetting to say your Flex reward throughout any of the 30 days will lead to an computerized rejection of your eligibility to say the PowerPool. This will increase on-chain transaction quantity and incentivizes customers to take part in utilization of the Vulcan Blockchain each day, in addition to offering larger validator rewards to Vulcan Node holders.
What else is there to learn about the Vulcan PowerPool?
What makes the PowerPool stand out is that, not like a lottery, the quantity a holder might declare from the PowerPool is decided by how a lot VUL cash they’ve, simply because it is with Vulcan MountedFlex. This implies that the extra VUL a holder has, the extra money they will make with the PowerPool. Not solely does this enable traders to generate a better revenue, nevertheless it moreover encourages bigger VUL holders to remain invested in the ecosystem, leading to a stronger neighborhood.
Furthermore, any unclaimed funds in the PowerPool will roll over into the subsequent PowerPool occasion in 30 days. There is a small price for claiming your reward allocation, which is the fuel price plus 5% of the claimed VUL quantity. This 5% is paid to the Treasury as a price to keep up the Vulcan ecosystem, permitting the Treasury to proceed funding Vulcan Blockchain’s continued development and growth for the long-term.
At any price, this wonderful new characteristic by Vulcan affords holders of VUL cash an thrilling alternative to comfortably and constantly earn passive revenue on their VUL holdings. By selling on-chain utilization and distributing rewards pretty based mostly on the variety of VUL cash held, Vulcan has as soon as once more demonstrated why it’s one among the key gamers in DeFi going ahead.
Be certain to remain updated on all of Vulcan’s newest bulletins by visiting the official web site alongside the official Medium and Twitter channels.
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