We are pleased to announce that, due to popular demand, we will be launching $ROUTE Single Asset Vault on the Dfyn exchange. Following the huge success of our farms, we will be enabling users to simply stake their $ROUTE tokens and earn a fixed amount of rewards over a period of 6 months.
Our Single Asset Pools allow stakers to earn a fixed amount of tokens over the vesting period, with both the staked amount and the rewards vesting linearly. This provides our users with a simple, vault-like solution for their tokens and the possibility to earn a yield on their funds in a predicted way.
In our newest pool, the Route community will be able to stake up to 150,000 $ROUTE tokens for a duration of 6 months and earn 150,000 $DFYN tokens as rewards. The rewards program translates to an extra 100% of $DFYN tokens for staking $ROUTE for the next 180 days.
In other words — for every 1 $ROUTE token community stakes, they receive 1 $DFYN token as a reward in the next 6 months.
The vault will fill up on a first-come-first-serve basis and is now accepting deposits.
$ROUTE Single Asset Vault Vesting Period Explained
The vesting period of the $ROUTE Single Asset Vault belongs will last for 180 days. In this vault, both the principal token (in this case $ROUTE) and the rewards token ($DFYN) will start vesting from Day 0 of staking. Rewards will be calculated every second and can be claimed as many times as our users want to.
For example, a user staking 180 $ROUTE in the single asset vault will be able to claim 1 $ROUTE and 1 $DFYN every day for 180 days.
About Router Protocol
Router Protocol is building a suite of cross-chain liquidity infra primitives that aims to seamlessly provide bridging infrastructure between current and emerging Layer 1 and Layer 2 blockchain solutions.
Telegram announcements: https://t.me/router_ann
Dfyn is a multi-chain AMM DEX currently functional on the Polygon network. Dfyn nodes on various chains act as liquidity entry and exit points into the cross-chain liquidity super mesh that is being enabled by Router Protocol.
Telegram Announcements: https://t.me/dfynofficial