VAP gives the VERY token automatic staking and compounding features, and the highest Fixed APY in the market at 486013.66% for the first 12 months.
VIF is a company focused on DeFi innovation that creates benefits and value for VERY token holders. Our VAP protocol that is used within the VERY token grants exceptional benefits for holders of $VERY:
- Low Risk with the VIF - 5% of all trading fees are stored in the VIF which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
- Easy and Safe Staking - The VERY token always stays in your wallet so it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there’s no more complicated staking processes at all.
- Interest Yield with Automatic Payments - You need not be worry about having to re-stake your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
- Highest Fixed APY - VIF pays out at 486013.66% in the first 12 months which rivals anything in the DeFi arena to date. After the first 12 months the interest rate drops over a predefined Longterm Interest Cycle period.
- Rapid Interest Payments - The VIF Protocol pays every VERY Token holder each and every 5 minutes or 288 times each day, making it the fastest auto-compounding protocol in crypto.
- Auto Token Burn - One of the exciting features of the VIF Protocol is an automatic token burn system named “The Fire Pit” which prevents circulating supply getting out of hand and becoming unmanageable. The Fire Pit burns 2.5% out of all VERY Token market sales and is burned in the same individual transaction.
The VAP uses a complex set of factors to support its price and the rebase rewards. It includes the Very Insurance Fund (VIF) which serves as an insurance fund to achieve price stability and longterm sustainability of the VIF Protocol by maintaining a consistent 0.00817% rebase rate paid to all $VERY token holders every 5 minutes.
The VIF development team has coordinated all of these elements together so they work seamlessly behind the scenes. The result is a simple and elegant staking and rewards system for $VERY holders.