Vulcan Solid has been amongst some of the distinguished gamers within the blockchain gaming area because the platform is main with essentially the most fascinating firsts.
Vulcan Solid is proud to announce the first-ever in-game decentralized financial institution – Vulcan $LAVA Financial institution. In addition they launched the first-ever gaming DEX VulcanDEX – Elysium Swap has now taken its place.
Vulcan $LAVA Financial institution is one more contribution to the P2E neighborhood from Vulcan Solid.
Vulcan $LAVA Financial institution
Vulcan $LAVA Financial institution is represented by a constructing – you’ll discover it in Vulcan Metropolis. The financial institution is situated on the middle of VulcanVerse. To open and handle a checking account, customers have to have considered one of 500 Vulcan $LAVA Ledger NFTs. For Chilly $LAVA, customers moreover obtain a single staking choice.
What Is Chilly LAVA?
Within the Vulcan ecosystem, we see $PYR and $LAVA. For the P2E economic system, $LAVA is the gasoline. As customers play Vulcan video games, they make the most of the P2E ecosystem and earn $LAVA (Chilly LAVA when earned by way of P2E video games).
You possibly can stake solely Chilly Lava. Utilizing the My Forge account, customers can covert Sizzling Lava to Chilly Lava and vice versa.
Vulcan $LAVA Staking Program
The customers will probably be supplied with a number of staking options by the Vulcan $LAVA Financial institution. To be eligible for the staking program, you have to personal Vulcan Lava Ledger NFT. As you stake $LAVA (chilly), you earn within the type of APY.
Plans to select from:
- Versatile Plan – 5%
- Hermes Plan – 8% (1-month lock-up)
- Athena Plan – 20% (3-month lock-up)
The curiosity from the staking program will probably be given to you on a weekly foundation. Relying on the $LAVA locked within the financial institution, you will get your weekly cost and reinvest it to multiply your earnings. With the “Auto-Compounding” choice, you’ll be able to automate the method.
The “Versatile Plan” permits you to withdraw your $LAVA at any time – it is going to void your weekly cost, although.
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