Grazing Range Pool #11 — Welcoming WEX to The Herd!
To further strengthen the partnership between Alpaca Finance and Wault Finance, both teams have decided to create more earning opportunities for our communities.
Now, all you young alpacas will be able to stake ibALPACA for $50k USD in WEX rewards which will be distributed over 4 weeks in the Grazing Range. The pool will go live on July 20th, 2021 at 10 AM GMT. As usual for a Grazing Range pool, you will also have a chance to earn exclusive NFTs if you meet the staking criteria.
🎁Grazing Range Reward Details
Total Rewards: 7,690,000 WEX (~$50k USD)
WEX Token: 0xa9c41a46a6b3531d28d5c32f6633dd2ff05dfb90
Rewards Period: 4 weeks
Rewards Start Block: 9,322,100 (Approx. July 20th, 2021 10 AM GMT)
Rewards End Block: 10,128,500 (Approx. August 17th, 2021 10 AM GMT)
Exclusive NFT Cards for Pool Stakers
To be eligible, you must stake ibALPACA in the WEX Grazing Range pool before July 21st, 10 AM GMT (1 day after the pool opens) and stake for at least 27 days. The NFT tier you receive will be based on the amount of ibALPACA staked.
- Green Tier: staked at least 500 ibALPACA
- Silver Tier: staked at least 5,000 ibALPACA
- Gold Tier: staked at least 50,000 ibALPACA
Finally, Wault will also host a WPool rewarding ALPACA tokens to stakers of WEX on their platform, launching on the same day of the 20th.
About Wault Finance
Wault.Finance is a decentralized finance hub that plans to connect all the primary DeFi use-cases within one simple ecosystem on Binance Smart Chain. Wault believes the benefits of DeFi should be accessible to the masses but in an intuitive way; avoiding the expensive fees, confusing interfaces, and centralized decision-making of many current platforms. So with these goals in mind, Wault has built a protocol with some unique features that will amplify the power of wealth accumulation for their users.
With a top BSC Launchpad, a liquidity locker, and the 3rd largest DEX on BSC and Polygon — WSwap, Wault continues to build new in-demand product for its users. Most recently, Wault also announced an upcoming stablecoin with an industry-new collateralization model, the commerce-backed WUSD.
🔒Security Scorecard on Wault
You can review Wault’s security scorecard here.
To learn more about Wault Finance, you can visit their official communication channels:
Grazing Range Pool #11 — Welcoming WEX to The Herd! was originally published in Alpaca Finance on Medium, where people are continuing the conversation by highlighting and responding to this story.