Wault Finance is a decentralized finance hub that connects all of the primary DeFi use-cases within one simple ecosystem, on the Binance Smart Chain. In short, an all-in-one DeFi Platform!
We believe the benefits of DeFi should be accessible to the masses but in a secure and intuitive way; avoiding the expensive fees, confusing interfaces, and centralized decision-making, of many current platforms.
So, with these goals in mind we’ve built a protocol including 2 tokens – WAULTx and WEX – and some unique features such as: WaultSwap (AMM), Wault Launchpad (new project presales), Wault Locker (liquidity locks for new or established projects), Wault Farms (staking and farming) and many other great services. We believe these services will amplify trust and wealth-accumulation, for our users.
Wault Finance was launched in early 2021 with no venture capitalists. A fair launch for the community was our priority. Therefore, Wault was started with a market cap of only $150,000 (60 ETH).
In addition, we believe in open and decentralized governance. Wault must belong to its community. That’s why WAULTx token holders will be able to vote on and decide all aspects of the protocol’s future development path. Every developer is also welcome to work on and contribute to our open-source code on GitHub.
Come join the movement and help us advance DeFi on the Binance Smart Chain!
The current DeFi market is dominated by bots, traders, and noncommittal speculators. However, at Wault, we believe the token holders should own all the benefits of the protocol. That’s why we’ve implemented a unique structure of low fees, buyback and burning mechanism. These are meant to perpetually increase the value of WAULTx (Wault governance token, offering access to token presales) and WEX (WaultSwap farming token) and reward the active platform participants.
To be more specific, the WaultSwap trading fee, one of the lowest on BSC – if not the lowest – is only 0.20%. 0.18% of that 20% goes to the Liquidity Providers (LP). The remaining 0.02% is used to buy WEX and burn it. We do this every, single day.
So when a buyer considers where to swap tokens, he might remember that not only does WaultSwap have the lowest fees, but if he is holding WEX, those fees are going right back into his pocket.
Additionally, WaultSwap farms have no deposit fee, no withdrawal fee, and no performance fee, unlike the majority of our competitors. Just yields, for 100% profit.
WAULTx token holders also benefit from the Wault philosophy. There is a 0.20% lock fee for external projects that lock their liquidity in Wault Locker, which is used to buyback WAULTx. Wault has a strategic partnership with Eleven.Finance, allowing WaultSwap users to auto-compound their assets with half of Eleven’s performance fees being used to buyback and burn WAULTx! We are constantly working on ways to improve our yields and add additional value for our token holders.
Below is a graphic showing how WAULTx (governance token), WEX (farming token) and WaultSwap (Decentralized Exchange) are integrated together to form the Wault Finance ecosystem.