πVirtus Finance Overview
Project Outline
Last updated
Project Outline
Last updated
Virtus Auto-staking Protocol gives the $VAP token automatic staking and compounding features, and the highest Fixed APY in the industry at 410,347.53% for the first 12 months for all $VAP token holders.
Virtus Finance is a digital startup with seasoned Crypto enthusiasts and our emphasis is on Defi innovation that provides value and benefits for $VAP token holders. Our Virtus Auto-staking protocol integrated within the $VAP token is designed to give enormous benefits for holders of $VAP.
Limited volatility and less risk with Virtus Protection Fund (VPF): 5% of all trading fees are stored in the Virtus Protection Fund which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
Simple and Safer Auto-staking: The $VAP token always stays in your BSC wallet. No need to move your tokens to our website. From the minute you buy, you are staked, and set to receive rebase rewards. The simplest auto-staking in the DeFi industry. There is no hustle and bustle of re-staking your tokens. Interest amount is paid automatically and compounded in your own wallet, assuring you will never miss a payment.
Best Fixed APY in the industry: Virtus pays out at 410,347.53% in the first 12 months which is best in the Defi industry. After the first 12 months the interest rate drops over a predefined Interest Cycle period.
Quick Rebase Rewards: The Virtus Auto-staking Protocol pays every 10 minutes or 144 times every day, making it the fastest auto-staking protocol in the Defi industry.
Virtus Auto Token Burner: One of the fascinating features of the Virtus Protocol is an automatic token burn system named βVirtus Auto token Burnerβ which prevents circulating supply getting out of hand and becoming uncontrollable. The Virtus Auto Token Burner burns 2.5% out of all $VAP Token market sales and is burned in the same individual transaction.
The VAP uses a complex set of factors to support its price and the rebase rewards. It includes the Virtus protection Fund (VPF) which serves as an insurance fund to achieve price stability and long term sustainability of the Virtus Protocol by maintaining a consistent 0.01583% rebase rate paid to all $VAP token holders every 10 minutes.
The whole Virtus team has coordinated all of these elements together so they work seamlessly behind the scenes. The result is a simple but elegant staking and rewards system for all $VAP holders.
The VAP is a flexible and powerful protocol which will be used as the foundation for a range of Virtus products, services, and projects going forward. Each will transform a different area of Crypto.