๐ฎVault
We are pleased to introduce a new revenue sharing model designed to enhance the value of $RLY by providing stakers with opportunities for substantial yield.
This innovative program is structured in two distinct phases: Incubation and Distribution.
Phase 1: Incubation
During the initial phase, a single staking vault exclusively rewards our native token, $RLY.
Half of the accrued taxes derived from swap fees and performance fees will be allocated to our treasury, fortifying financial stability. The remaining half will be directed toward weekly buybacks and liquidity provisions, ensuring continuous liquidity and further bolstering the protocol's long-term sustainability.
This phase is anticipated to extend for approximately four weeks.
Phase 2: Distribution
In the subsequent phase, we will unveil our v2 staking vaults, complementing the existing staking rewards. Moreover, the ETH accumulated during Phase 1 will be progressively distributed.
This advancement will provide substantial utility to $RLY holders, enabling them to earn a tangible yield through our staking vault, thereby enhancing the overall ecosystem's attractiveness and value proposition.
Your assets will always be withdrawable.
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