The Binance Smart Chain (BSC) platform will be offering another WPool for its users to provide liquidity into after the success of their first pool with Eleven Finance.
This will be Wault’s second WPool, just four days after announcing the launch of its first WPool with Eleven Finance. Under the WSwap-Oraichain partnership, $WEX holders can stake $WEX for $ORAI rewards, with over $200,000 in value available for users.
Farmers will also be rewarded with bonus $WEX rewards when the ORAI-BNB WFarm opens.
This WSwap-Oraichain partnership will run from May 14 to July 8, 2021. $WEX holders with liquidity providers can earn almost 2800% APR during this rewards period.
Users can also earn more rewards by staking in the Eleven Finance farm to earn $ELE. Between May 13 and July 8, 2021, WEX holders can stake their $WEX for $ELE rewards with a pool of 34 000 ELE available. There is a 2.5% compounding fee that will be deducted from pending rewards that will be split between WSwap and Eleven Finance, which WSwap will use to burn and buy back the $WAULTx token.
Oraichain is the leading oracle and ecosystem built on AI for blockchains. It secures AI on-chain operations for applications to have limitless interactions with smart contracts. The ORAIchain network also connects blockchain with AI services to greatly enhance development in both industries.
About Eleven Finance
Eleven Finance is a high-APY cross-chain vault ecosystem on Binance Smart Chain. The platform consists of various vaults with optimized strategies for their users to earn more profits. On May 9, 2021, Eleven Finance announced that its Total Value Locked (TVL) is almost at $300 million signifying its rapid growth in the industry.
About Wault Finance
Wault Finance is a DeFi project that aims to connect all use cases in the Defi community under one simple ecosystem. WSwap is a recent addition to the Wault Finance platform, serving as a DEX that uses the Wault platform. $WEX is the token for WSwap, while WAULTx is the token for Wault Finance. Wault Finance recently announced that the presale whitelist form for investin.pro is now available and will close on May 16, 2021. WSwap also announced that it is now listed on the 1inch network, which is a network for decentralized protocols on Ethereum and the BSC.
Source : bsc.news
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