USDC
Vaultka
24.05%
APY
Info
Earn
USDC
TVL
Protocol
Network
Arbitrum One
PnL
1D
0%
1W
0.38%
1M
1.55%
1Y
24.05%
About
Crypto
Price
$0.99
Market cap
$43.55B
Contract
0xaf88...5831
FAQ
Vaultka is a DeFi protocol. Its market positioning is being a catalyst of Decentralized Perpetual Exchange (Perp DEX) on Arbitrum. Vaultka believes that trading activity is a vital pillar in the crypto market, and it’s an economic activity that can bring real yield and sustainability. They also think Arbitrum is where Decentralized Perpetual trade is experiencing the fastest growth, and believe that Arbitrum will continue to dominate the crypto trading market. They provide value to the Perp DEX market on Arbitrum, as a platform built specifically around Perp DEXs.
Here is a comprehensive range of products & services they offer, including:
1. LP Optimization
2. Index Investment
3. Lending
You can acquire $esVKA from airdrop and liquidity bootstrapping rewards. There are two options for esVKA holders to choose from: Staking, or Vesting.
Staking $esVKA will have the same function as staking $VKA, where stakers will share the following:
1. Reward boosts: $esVKA stakers can receive a max of 2.5x boosted emission for every vault.
2. Protocol fee share: Stakers are entitled to 60% of the protocol fees emitted in USDC, and are entitled to earn a portion of $esVKA emission.
3. Voting gauges: $esVKA stakers can vote on the emission rate of each vault, thus boosting the reward of the deposited vaults.
4. Leaderboard points: Staking $esVKA will allow you to collect points on the leaderboard. The leaderboard will be used for airdrops and consistent additional rewards for users.
You have three options to vest your $esVKA to get $VKA:
1. Full vesting: Vest linearly over 1 year for 100% of its value.
2. 65% vesting: Vest linearly over 6 months for 65% of its value. 35% of the supposed fully vested $VKA will be burnt daily.
3. Half vesting: Vest linearly over 90 days for 50% of its value. 50% of the supposed fully vested $VKA will be burnt daily.
Just like other lending protocols, Vaultka Lending carries the risk of not being able to withdraw deposits. You can only withdraw the current amount in the pool. The borrowing interest rate will change with the utilization rate, providing you with a higher APR when it’s higher.
When the utilization rate exceeds 90%, Vaultka will increase the emission of $esVKA to attract more liquidity to reduce the utilization rate.
You can check your deposited funds and see which strategy vaults have borrowed them on Vaultka's official website. You may encounter risks associated with strategies.
Additionally, similar to any DeFi protocol, Vaultka also has a protocol risk. This means the protocol could be hacked, causing a loss of your funds.
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