Vault Finance will release Novation Launchpad to provide access to revolutionary sell-less smart contracts
New York, October 3, 2022 – Vault Finance has announced the launch of its Novation launchpad, a highly anticipated component of the overall decentralized finance ecosystem. The company announced the launch on September 28 via Twitter. As expected, Novation’s market entry will offer creators of new crypto projects a number of radically new benefits that are particularly relevant in today’s market.
What is Novation and who is it for?
Novation is the cornerstone of the Vault Finance ecosystem. It is a revolutionary launchpad and sellless exchange network. This network consists of multiple launchpads and decentralized exchanges. The Novation Launchpad will offer its users a range of features that most users have not previously been able to access directly on a platform, including:
- KYC services from Anonydoxx, the gold standard of identity verification within DeFi;
- CertiK Spot-to-Rebate packages required for projects such as B. Audits, AMAs and influencer support to build a community and investor base;
- customizable parameters to shape and support the launch of each project;
- simple and intuitive interface;
- Tokens and custom airdrop creation options.
The Novation exchange, which is already available to users, sets a new benchmark for DEXs. The built-in sell-less technology collects transaction taxes in BNB rather than native tokens, eliminating the need for contract sales for rewards, buyback and burning, marketing or development. The Novation network can be used by partner projects to provide investors with multiple places to purchase their tokens, eliminating the need for multiple liquidity pools. Projects that are already established and have liquidity on other exchanges can simply list their tokens on Novation to offer their investors another place to buy, effectively selling those tokens less.
What is vault financing?
Vault Finance is a diverse, innovative DeFi ecosystem that combines an exchange, launchpad, and dashboard to give users access to the best market features in one place. Crypto enthusiasts can use Vault Finance to create their own tokens and airdrops, invest in promising projects, exchange tokens and grow their passive income by owning the platform’s highly reliable token backed by robust technology.
The invention of the main platform is a next-generation sellless smart contract that eliminates the need to sell native tokens to generate BUSD rewards or fund the buyback, marketing and development wallets. Users can get their rewards without negatively impacting the charts. And unless the price changes quickly, traders are less likely to try to short that token and sell it in bulk, leading to even more panic selling.
What benefits are available to token holders?
Vault token holders can access a wealth of exceptional benefits. Every day 6% of trading volume is redistributed to holders in the form of BUSD. This amount is enough to provide holders with a daily income while also funding other parts of the ecosystem and speeding up the development of Vault overall.
In addition, 4% of the trade volume associated with sales is converted into BUSD and stored in the Vault wallet. When the amount of money in the wallet reaches a certain level (the exact amount is kept secret), it will be unlocked, allowing investors to earn even more BUSD rewards. It could happen at any time, so investors should keep an eye on the project to make sure they get in on time.
An additional 2% of trading volume will be allocated to the strategic buyback and burn wallet to further reduce the circulating supply and help investors’ tokens appreciate in value. Buyback is automatic and burns are done manually on a regular basis to keep the community busy.
Finally, to reward its most loyal holders, Vault Finance sends them additional tokens on day 60 if they hold their tokens on day 30. A total of 100 trillion tokens will be distributed to these 60-day holders and delivered directly to their wallets via the Heist helicopter.
What are the next evolutionary steps?
According to the whitepaper, the Vault Finance ecosystem will eventually include bridge and swap mechanisms, a communication platform, a goods and services platform that will be a crypto equivalent of eBay, and an intuitive app-based product called Syfter with a set of secrets include features.
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Paul Somerville
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