Wault Finance: An all in one Cross-chain DeFi protocol for the Polygon and BSC ecosystems

Decentralized finance or DeFi has transformed the crypto space in the past 18 months. Crypto enthusiasts and traders have leveraged new financial products launched on smart contracts to increase their earning opportunities and portfolios.

DeFi has also given rise to concepts like yield farming, staking, liquidity mining, and Initial Dex Offerings (DEX). However, despite the success of DeFi, beginners find it challenging to navigate due to the sheer amount of options in the market. Looking to solve that, Wault.Finance simplifies DeFi by providing an all-in-one decentralized finance protocol for DeFi users.

What is Wault Finance?

Wault Finance is a protocol launched in early 2021 that provides multiple DeFi products within a single ecosystem. This ensures that DeFi users can perform functions like staking, yield farming, trading, and investing all within a single platform.

In addition, Wault Finance is designed with a simple, intuitive, and user-friendly interface that presents multiple features in an organized way. As a result, Wault Finance has grown into one of the top DeFi projects in the crypto space.

It is currently the 10th largest DeFi protocol on Binance Smart Chain and the Fifth largest on Polygon based on total value locked (TVL) in its smart contracts. Wault Finance also possesses the third highest trading volume on BSC and second-highest on Polygon, surpassing popular DEX Sushiswap.

These growth metrics are remarkable because Wault Finance was launched without any private funding from venture capitalists or blockchain funds. The DeFi protocol has also undergone seven audits on its smart contracts and follows strict security compliance measures.

Extensive ecosystem

Wault finance is integrated with different products that are designed to provide users with the best earning opportunities. Its ecosystem consists of three key products: Wault Swap(WSwap), Wault Locker(WLock) and Wault LaunchPad(WPad).

Wault Swap: WSwap is a decentralized exchange that allows users to swap between tokens on the Binance Smart Chain and Polygon networks. Its key differentiator is having the lowest transaction fees and slippage levels on the networks. WSwap’s transaction fee is 0.2% making it cheaper than PancakeSwap (0.25%) and QuickSwap (0.3%) for DeFi users.

Wault Swap also offers earning opportunities. Users can provide liquidity on Wault’s BSC and Polygon pools in exchange for rewards from transaction fees. Currently, Wault offers some of the highest APY yields on BSC and Polygon. Yield Farmers can get up to 300% APY when they farm for tokens in Wault’s Farm section.

Wault Swap also supports a Vault option and locked staking for DeFi users who want extra earning opportunities, often providing airdrops and exclusive launchpad sales to said stakers.

Wault Locker: Wault Locker is a dapp that enables users to lock funds and liquidity for chosen  periods of time. Used by various projects in the ecosystem, project teams enforce commitments to their users by locking liquidity and team tokens through Wault Locker. These teams are more than willing to use this service to build trust with users because it only costs a 0.2% service fee. These fees are used to buyback Wault’s token in secondary markets to ensure a constant buying demand and upwards push on token price.

Wault Launchpad: Wault Launchpad is a platform that allows the launch of DeFi projects in a decentralized environment. Released in March 2021, the LaunchPad has already launched a handful of successful IDOs (Initial Dex Offering) on the platform, bringing 10x+ returns to investors.

The launchpad provides Wault token holders the opportunity to gain access to early-stage blockchain companies and their tokens. Tokens of projects launched on Wault Launchpad are exclusively available to locked stakers of WAULTx, Wault’s launchpad token.

Major Partnerships and developments 

Wault finance’s growth since its launch has been remarkable and driven through its unique roadmap. The team behind the project has embarked on various marketing campaigns and strategic partnerships that have positioned Wault Finance on the right track to becoming a leading DeFi protocol on BSC and Polygon.

Wault Finance has also recently launched the Moon Fuel Grant Program to foster the development of its ecosystem. This program offers new blockchain projects funding and support to accelerate their growth. It includes a 1 million USD Grant pool that will be made available for chosen projects that apply.

Wault Finance also plans to expand its multi-chain capabilities to more blockchain networks and launch a lending platform in the coming months. To learn more about Wault Finance, visit its social networks below:

Source: https://bitcoinerx.com/blockchain/wault-finance-an-all-in-one-cross-chain-defi-protocol-for-the-polygon-and-bsc-ecosystems/