We are excited to announce our new VPOTS partner Babyswap. Croxswap is bringing back BABY token to earn massive rewards on our platform with added features include Auto-Compounding vault and a bi-weekly jackpot.
What does this mean?
You will be able to deposit BABY tokens in Croxswap Vpots and earn an auto-compounding APY up to ~50%. In addition to the APY, our unique FEE REWARDS Distribution feature will help you earn unlimited rewards for entering the pool early and staying for a longer period.
What is VPOTS?
VPOTS is a unique strategy which creates a new use case for the partnered token as well as CROX. Earlier you enter, longer you stay in the pool earns you higher rewards (Unlimited). To win massive jackpots, you need more odds. Staking more CROX gives you higher odds and also higher rewards from the pot.
How to deposit, earn and win?
Step 1: Deposit in BABY VAULT
Deposit your tokens in VPOTS vaults page and stand a chance to win the bi-weekly jackpot. Each vault is unique and has it’s own POT. Follow the minimum deposit eligibility criteria of each individual vpot. There is no minimum deposit requirements if you are not interested in entering the jackpot pool.
Depositing in vault will provide 2 types of passive income.
- Fee rewards earned from every new deposit (unlimited earnings)
- Auto-compounding APY% from the staking pool
Step 2: Claim & Re-invest
- Claim your fee rewards instantly from each new deposit in to the vault.
- Re-invest your vault rewards to increase your stake to earn more APY rewards and Fee rewards.
- No cap on earnings(Unlimited). Longer you stake more you earn from deposit fee rewards paid by new depositors in the vault. It is a never ending cycle of rewards.
Step 3: Stake CROX, Win a Jackpot
Every 15 days there will be a jackpot draw for each associated vault . To participate in this draw you need to stake CROX tokens and have a qualified deposit in the vault associated with the pot.
Example: BABY VPOT
1. You need to deposit minimum of $100 worth BABY into the Vault listed on vpots page.
2. You need to stake CROX in BABY POT after 15days to win a jackpot
3. Regardless of winning every user who stakes CROX will earn a share of 20% from the prize pool.
It is a NO LOSS POT, which means your 100% staked CROX can be withdrawn after the draw and also you will earn 20% share of prize pool rewards for staking CROX. Odds are calculated based on number of CROX tokens you stake. More CROX you stake, more chances to win the pot.
Croxswap uses Chainlink VRF technology to determine the random winner for the jackpot with a fair randomness.
VPOTS Link: https://www.croxswap.com/vpots
BABY VPOT launch block#20560488
Fee Rewards Explained:
On every deposit into the vault of vpots there is a deposit fees of 5%. From it, 3% fees is distributed back to the users in the vault. 1% goes to the Jackpot prize pool and remaining 1% added to CROX buy back & Liquidity.
How much can you earn from 3% fee rewards?
Simple answer is “Unlimited”. There is no cap on how much you can or will be able to earn from fee rewards generated from the vault.
User 1 staked 100 BABY, User 2 staked 200 BABY. Total Pool Size is 300 BABY. User 1 is already in the pool and his pool share now becomes 33.33% after user 2 deposits 200 BABY.
3% of 200 BABY = 6 BABY.
33.3% of 6 BABY goes to User 1 = 1.98 BABY. 66.6% goes to user 2 = 4.02 BABY
100s of users join and deposit BABY every day, the pool grows and on each new deposit you will earn your share from 3% distribution fees. These are Unlimited earnings. Enter early, sit back , relax and enjoy the rewards.
BabySwap is devoted to building the best AMM+NFT BSC decentralized exchange for newborn projects, providing a more friendly trading experience and better project support. Users can exchange, farm, and pool on BabySwap. But more than that, BabySwap also provides trade mining, growth funds, and the NFT ecosystem.
👶🏻BabySwap Website: https://home.babyswap.finance/
💬Telegram Group: https://t.me/baby_swap
CroxSwap is a decentralized next-generation multichain yield farming protocol which offers dual rewards for staking and farming. CroxSwap’s cross-chain bridge aggregator (in progress) will be the cheaper & faster service to transfer your assets across networks without any hassle.
Vaults-as-a-Service: CroxSwap provides vaults as a service in the form of a unique VPOTS technology which offers a vault associated with a jackpot feature. It is free to deploy for project owners whose project has a single staking pool without any locks on the pool.
Farming-as-a-Service: CroxSwap is trying to solve the missing piece of a puzzle in DeFi by providing the liquidity creation service for everyone. With farming as a service, we offer liquidity mining to all BNB and HECO projects regardless of their LP type. Our flexible protocol supports current and upcoming projects that are looking to gain liquidity without any extra cost.
Staking-as-a-service: If you are a project with a use-case different from yield farming and staking but would like to provide a staking pool for your holders, CroxSwap is the place to go. We offer no fee-staking pools that can be deployed in minutes and make them available for your community. It doesn’t involve any cost to you other than providing rewards to the liquidity providers.
Dual Rewards in farming: Our innovation in yield farming provides an opportunity to earn two tokens as rewards by providing liquidity. This helps in recovering the impermanent loss faster than regular yield farms. High APR yield generated from dual-farms encourage more users to provide liquidity which is a win-win deal for both project owners and liquidity providers.
Our farming and staking as a service is designed to help other projects to launch their liquidity farms & pools to reduce their development cost, maintenance and save time.
💰 VPOTS : https://croxswap.com/vpots