How it works

Your Vault is like a digital safe where to store your cryptos for a pre-determined time while obtaining a monthly return based on the amount you deposited and on your Vault’s parameters.

Each Vault is set to operate with only one chosen cryptocurrency type. Both the deposits and the paid-out return will be handled in that specific preferred cryptocurrency.

Upon depositing any sum in your Vault, you will receive a receipt in US dollars as per the conversion value at the time of your deposit.

Your deposit is now locked and you can withdraw it every 6 months. When you withdraw, you will receive the amount of cryptos correspondent to the new market value based on the original USD value at the time of the original deposit.

E.g., Alice deposits 1 BTC in a BTC Vault while BTC market value is $44,000, hence Alice receives a receipt of $44,000 deposited value.

After 6 months Alice withdraws all her funds. Upon withdrawal, the BTC is worth $40,000. Therefore, Alice receives 1.1BTC.

Depending on your Vault’s achieved parameters (see point 5.3.1 APR), you receive a monthly return. The return is calculated as a percentage on your deposited value (considered in USD and written on your deposited value receipt) and is paid out in crypto according to the new market conversion value USD/your crypto.

E.g., Alice deposited 1 BTC in a BTC Vault while BTC market value was $44,000, hence Alice received a receipt of $44,000 deposited value.

After 1 month Alice receives 5% of her deposited value in BTC. At the time of the paid compensation, BTC is worth $40,000. Therefore, Alice receives a monthly return of 0,055 BTC.

When you own a Vault, you earn an extra 0,5% on your friends' deposited sums in your Vault.

E.g., Alice deposited 1 BTC in a BTC Vault while BTC market value was $44,000. While Alice deposited her funds, her friends and family also deposited in Alice’s Vault a total of 10 BTC.

After 1 month, BTC value has not changed and Alice:

  • her friends and family, receive 4,2% of their deposited value in BTC (5% total - 0,5% Alice fees - 0,3% administrative fee

  • Alice receives 0,05 BTC as 0,5% extra benefit from her friends and family deposit. Alice receives a total of 0,1 BTC between the return on her own deposited sum and the extra benefit on her friends and family deposited sums.

You can obtain a Vault by minting it or by buying it in the marketplace.

All Vaults can be sold or exchanged via any NFT marketplace.

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