Prime Vaults
Last updated
Last updated
Prime Vaults act as an engine for the stable growth of the KlayFi protocol. It consists of various pools with adequate liquidity within each DEX.
They are for optimal Yield Farming returns, which support different paired pools such as KLAY-KUSDT, KLAY-sKLAY, KLAY-KSP, and more.
For example, assuming a paired pool has Token A and Token B, Users stake LP(A-B) tokens in the vault. Users receive LP(A-B) tokens by providing Token A and Token B liquidity in the paired pool.
KlayFi Prime Vaults get rewards from the profits of each DEX.
There is a Performance Fee for the KlayFi Prime Vaults; 7 $KFI will be rewarded for rewards equivalent to 1 $KLAY.
There is a 72hrs Withdrawal Fee of 0.5% and a Performance Fee of 30~50% for the KlayFi Prime Vaults. Performance Fee can be adjusted on market conditions and the KlayFi ecosystem. If there is a change in the Performance Fee, the team will announce it via KlayFi official channels.
