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Dear VOX community,

today we are proud to share the newest development in the Vox Finance ecosystem. This staking pool includes a lot of the improvements our community has been asking for since the launch of our product and we’re happy to discuss some of the unique features of this staking pool below.

If you are interested to join it, please browse to https://vox.finance and become part of a truly unique deflationary yield-farming project on the Arbitrum network!

Unique features of the staking pool

The staking pool has a few unique characteristics assigned to it. Here is an overview of them:

  1. There is a 0.75 % withdrawal fee.
  2. There is a minimum locking period of 2 weeks and a maximum locking period of 52 weeks with attractive multipliers for a longer staking period.
  3. Rewards can now be (re)staked to immediately compound your tokens. This action will not extend your locking period.
  4. The staking pool will allow you to join exclusive private staking pools launching very soon.

Most importantly, holders of the token will be rewarded more for being long-term supporters than short-term investors. The staking pool converts deposits from users into so-called shares. Take a look at the example below:

A. User deposits 100 VOX2.0 with a 2 week locking period. His deposit will be worth 100 shares, which means that he will receive a percentage of the pool rewards in accordance with the total amount of shares in the pool.

User multiplier = (lock period - 2 weeks) * 5 %

User shares = amount * user multiplier