💰Helix Vaults
Fixed-term vaults on Helix allow holders to lock up their tokens for a set period of time in order to earn a higher daily yield on their assets. Initially, only HELIX vaults are featured on the platform, but additional options will be added in time, allowing the community to benefit from a wider choice.
Vaults function with the aim of rewarding the long-term holders, so the longer the lock-up period, the higher the multiplier that is applied!
Holders of HELIX have the option to lock their tokens for up to 2 years, with progressively larger daily rewards!
What Are Helix Vaults
Vaults are a simple way to encourage the long-term provision of liquidity on Helix, thereby ensuring a better experience for all users of the platform, and allowing the depositor to earn a higher daily return on their assets.
Functioning as fixed-term single asset pools, HELIX can be locked for 3, 6, 12, 18, and 24 month periods, with increasing multipliers.
Depositing into Helix vaults is non-reversible, and funds cannot be redeemed until the end of the lockup period.
Vault Multipliers
3 Month Vault: 0.05
6 Month Vault: 0.1
12 Months Vault: 0.3
18 Months Vault: 0.5
24 Months Vault: 1
Vault Rewards
Rewards for users of the Helix vaults are supplied from the ongoing HELIX emissions, with the vaults receiving 10% of the total supply, over the course of its 6-year distribution. More information regarding the distribution of emissions can be found in the HELIX tokenomics.
Vault rewards can be harvested, or compounded at any time.
Vault Fees
Vault Fees: 1.5%
Vault Fee Allocation:
Admin Fees: 67% of the collected from vault use
Geobot Staking Pool: 33% of the fee collected from vault use
Last updated