vEMPIRE Announces Launch Date and Active Pools
We’re excited to announce the completion of our triple yield aggregating token strategy. This marks a significant step for us, as we prepare toward the launch of our protocol and DDAO on 23 September 2021.
Alongside this, players will be able to access numerous staking pools, including AXS, STARL, SAND, MANA, and ETH. Staking in any of these pools offers our players an avenue to earn interest on their holdings while standing for what they truly believe in, decentralization. In addition, it also provides you with voting options to contribute to key issues that concern the protocol.
When you stake any of these coins into their respective pools, you’ll be rewarded with VEMP tokens alongside the native token you have staked. For instance, if you stake MANA, the MANA will be locked and monetised so you’ll enjoy both VEMP rewards and MANA rewards. Similarly, when you stake AXS, the tokens will be locked in the perpetual AXS staking strategy, where profits will be generated and redistributed across all stakeholders in both SLP, AXS & VEMP.
With five active pools, vEMPIRE will incentivize more tokens on the platform, which will accelerate the fight against centralization. Additionally, vEMPIRE operates a fair governance system that seeks to empower all token holders. Therefore, the protocol set the minimum monetary requirement for governance proposals to $10,000, making vEmpire have a much fairer form of DAO where votes are done democratically, making sure that founders and developers can’t outvote the community.
This way, everyone gets to share in the generated rewards instead of only those with huge holdings. We foster such a fair system since our goal is to invade protocols that are losing to centralization. By empowering more VEMP token holders, we can move at a fast pace to achieve our objective.
vEMPIRE seeks to achieve true decentralization of Decentralized Autonomous Organizations. The platform incorporates different staking strategies to incentivize numerous metaverse tokens, speeding up the invasion of the metaverse to restore decentralization. The protocol will reward stakers of MANA, STARL, SAND, AXS, and ETH, with its token, VEMP alongside rewards in the token they staked. Starting with these metaverses provides vEMPIRE with the opportunity to establish its presence in the market, as vEMPIRE and its users will be able to influence how profits are distributed on the platforms they invade.
About Axie Infinity
Based on the Ethereum Network, Axie Infinity is an open-ended digital play to earn Metaverse where anyone can earn rewards by contributing to the ecosystem. In the universe, users play to earn by battling and building kingdoms for their Axies. The platform also empowers developers to create their tools in the universe since Axie genetic data and art assets are easily accessible to all. Axie remains an online gaming platform that enjoys top ranking on Ethereum. Holders of the platform’s token, AXS, can contribute to development issues and more.