📌How is the APY Backed?

APY backing description

VAP has integrated a solid VPF structure which takes advantage of the trading volume fees in order to back the staking rewards (rebase rewards).

In order to back the hefty APY of 410,347.53%, Virtus follows the below approach:

Scenario 1:

When the daily VPF gains are greater than or equal to all the Holders Daily ROI, this means that the Swap Threshold can fill the plus-value generated from the Rebase Rewards.

Scenario 2:

If the daily VPF gains are lower than the Holders Daily ROI, a portion of the Virtus Treasury is added to fill the difference.