How Does The Auto-Staking Feature Work?
Auto-staking Description
The VAP Auto-Stake feature is a simple yet elegant function called Buy-Hold-Earn and Repeat, that provides the ultimate ease of use for $Virtus holders.
Buy-Hold-Earn & Repeat - By simply buying $VAP tokens and holding them in your wallet, you earn rebase rewards directly into your wallet. Your tokens will increase every 10 minutes.
Using a Positive Rebase formula, Virtus Finance makes it possible for daily token distribution directly proportional to the daily rebase rewards, worth 2.28% of the total amount of tokens a $VAP token held in your wallet. The rebase rewards are distributed on each epoch (rebase period) to all $VAP holders.
This means that without moving their tokens from their wallet, $VAP holders receive an annual compound interest of 410,347.53% for the first 12 months.
The interest rebase rate then reduces after the first 1 year: Click here.
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