Coinko :
Hello, I’m Jerome Kim, and I will conduct today’s interview!
Today Konstantin, founder and CEO of Vaulty here. We will talk about the NFT and DeFi ecosystem that Vaulty focused on.
And before we begin, Konstantin, please introduce yourself!
Vaulty:
I’m In blockchain space since 2016. I’ve been involved in investing, research and attended in the blockchain related events. Also, I’ve led technical integrations for several projects.
In my opinion DeFi forms the first section of financial technologies that has the potential to disrupt the core businesses of financial institutions: payments, lending, investing, fundraising, loans, cossboard transfers with tiny fees.
In Vaulty we are working in two directions, DeFi and NFT.
On the DeFi side — we have a yield optimizer.
On the NFT side- we will provide NFT rewards, NFT staking during Phase 4.
Coinko :
Your record is very interesting! What a surprise you have been in the blockchain industry since 2016! I’m looking forward to it because it’s a project with two directions.
Could you please introduce Vaulty briefly for users who meet your project for the first time?
Vaulty:
Let me introduce Vaulty to you.
Vaulty is a decentralized platform to bring automatic asset allocation across DeFi instruments.
Choose your vault and passively earn yields or NFT’s stress-free. Vaults allows users to minimize network fees and time spent researching the best instrument.
The first yield optimizer with NFT infrastructure. Powered by Binance Smart Chain.
It’s a nice way to unite the power of DeFi and NFT.
Vaulty.fi — is the platform for auto compounding your tokens and LP’s. One of the best features of Vaulty is the Profit Sharing Model.
This model does an auto buyback of $VLTY tokens from the market and distributes those among all $VLTY stakers of the Profit Sharing Pool.
AGENDA Q&A WITH COINKO
Coinko :
Great! Thank you for the detailed introduction, now all users know your project well ;)
Now, let me ask you a few questions from COINKO about Defi and your project.
First of all, Your project has a very interesting structure. There are various ways to apply DeFi and NFT. However, both NFT and DeFi are in the early stages of the market, so I think there are various views on their utility and value.
What kind of synergy do you expect if you adapt the defi system to NFT?
Vaulty:
In my opinion synergy between DeFi and NFTs can be found in many sophisticated ways.
For Vaulty, we’ve designed NFT rewards for yield aggregators. As you understand correctly, the yield aggregator is the DeFi part.
Coinko :
Yeah, that’s a brief but clear description. In similar project such as beefy and autofarm
They are direct competitors to your project on the BSC. However, they don’t offer NFT rewards but you will do so! That’s your good points against them.
You have a dual token system, $VLTY and $LANTTI. It seems each token will have different roles in your platform. Please describe use cases of those in detail and describe the structure of your platform.
Vaulty:
NFTs in our gallery are denominated in internal currency called $LANTTI. This currency is only for internal use! Users can redeem $LANTTI for NFTs.
We’ve introduced it for a better NFT farming experience.
On the other side $VLTY (main token, utility token) — tradable, transferable, can be staked in two different pools.
Earn $LANTTI via $VLTY staking-> exchange $LANTTI to NFTs.
Enjoy your NFTs!
$VLTY can be staked in two different pool:
Profit Sharing Pool — stakers will be rewarded in $VLTY tokens
NFT Pool — stakers will be rewarded in $LANTTI tokens.
Earn $LANTTI via $VLTY staking-> exchange $LANTTI to NFTs.
Enjoy your NFTs!
Coinko :
Thank you for your detailed answers. Now, it’s time for the users’ questions!
Vaulty:
Let’s go.
USER Q&A
Coinko:
Q1) @loli_bb
Safety and security are always the most important things. So what is the security mechanism of Vaulty to ensure user data do not become the target of hackers?
Vaulty:
We’ve applied all necessary layers of security. Obviously, we have done a security audit of smart contracts.
Here is Audit Report → https://bit.ly/3zJhPbQ
We will run our APP through PenTesting before going live👆
Moreover, one of our tech guys is a security auditor himself 😉
I’ve just ordered an additional security audit to make sure that everything is perfect.
We are taking security very seriously !
Coinko:
Q2) @bessttr21
I understand that Vaulty is a dual token project. Can you tell us the uses and roles of $VLTY and $LANTTI inyour ecosystem? How can we earn your tokens?
Vaulty:
NFTs in our gallery are denominated in internal currency called $LANTTI. This currency is only for internal use! When a user redeems $LANTTI for NFT it goes to the burn address.
We’ve introduced it for a better NFT farming experience.
So $LANTTI for buying NFTs in our gallery.
How to earn LANTTI token?
1) stake $VTLY in the NFT pool and earn LANTTI
2) stake VLTY-BNB LP in the NFT LP pool and earn LANTTI
3) stake our NFTs in the NFT vault and earn LANTTI
On the other side $VLTY (MAIN TOKEN/ NATIVE TOKEN)- tradable, transferable, can be staked in two different pools. NFT pool and Profit Sharing pool.
Earn $LANTTI via $VLTY staking or VLTY-BNB LP-> exchange $LANTTI to NFTs. Enjoy your NFTs!
Coinko:
Q3) @nrickanto
How does Vaulty evaluate the importance of the community?
Vaulty:
Community is the most important part of our project. Without community we will not have users/farmers. We’ve built cool products so we will need cool users for those ;)
Coinko:
Q4) @vaniacarry
How Do you planning to promote your project in different countries, wherein English is not spoken well? Do you have a local communities for them to better understand your project?
Vaulty:
We will launch our Presentation on multiple languages. Most likely we will do APP language adaptation in key regions.
Also we are thinking of an Ambassador program.
Interested candidates can join our Telegram channel for more info
@vaultychat_new
Coinko:
Q5) @ddnzdd
Can you list 1–3 killer features of your project that makes it ahead of competitors? What is the competitive advantanges your platform has that you feel most confident about??
Vaulty:
A unique profit-sharing yield optimizer that incorporates both traditional DeFi and NFT yield strategies into the same decentralized platform.
Vaulty is one of the first vaults to offer NFT strategies into its system architecture, harnessing this exciting new trend through features like NFT staking and structured NFT rewards.
This NFT distinctive combined with a Profit Sharing Pool for stakers of $VLTY allows users to take advantage of traditional yield strategies while also providing additional opportunities to enter the exciting world of NFTs.
Whatever your preference, Vaulty delivers an elegant, stream-lined platform on Binance Smart Chain that’s got something for both novice and more experienced DeFi investors alike.
Coinko:
Q6) @qvingsu
Many projects operate in a variety of ways to maintain the ecosystem. Utilize systems such as Staking / Burn / Buyback. Is Vaulty planning to use a system like Staking?
Vaulty:
We aren’t doing any burn programs at the moment. BUT we do have a Buy Back program.
Buy-back is the part of the Profit Sharing Model 👆
This model does an auto buyback of $VLTY tokens from the market and distributes those among all $VLTY holders who stake their tokens in the Profit Sharing Pool.😉
This should apply positive buying pressure on the $VLTY token. Also, it will increase volume and decrease overall volatility.
Coinko:
Q7) @Nerissamathew
One of the features that stands out in a project are the important use cases that the native token has, what are the use cases of the $VLTY ?How would $VLTY holders benefit from owning them?How can you balance between developing a platform & adding value to your product?
Vaulty:
There are two different staking pools for $VLTY token.
One of them is Profit Sharing Pool and second is NFT pool.
Coinko:
Q8) @mandimiddleton
We would like to know some unique features of $VLTY, what are your main features that distinguish you from other projects and what competitive advantages do you have?
Vaulty:
-It’s a Profit Sharing Pool which was described a few questions ago.
Stakers of this pool will be benefited with $VLTY rewards, which will
be bought from the open market. Buying pressure comes from fees generated by all our strategies.
-$VLTY stakers in the NFT pool will have exposure to NFTs, which will be presented in our gallery.
-Staking of our NFTs. Stake Holvi’s NFTs and earn more NFTs
Coinko:
Q9) @gamision
Value is said to use various strategies, such as automatic compound strategies, to maximize revenue by using deposited tokens. Please let me know what the automatic compound strategy is and what other strategies are maximizing your profit.
Vaulty:
Auto compound designed to optimize revenue, yeah.
Users/farmers don’t need to spend a bunch of time claiming and restaking rewards. All done in an automated way by vaults.
Every vault has a unique smart contract with predetermined logic.
No need for manual hassle. Moreover, vaults can save significant amounts of fees especially for small farmers.
Fees are covered by a special dedicated fund.
Imagine having best farming offers with an auto compound at the same place.
At the start BSC strategies only.
Coinko:
Q10) @leighasas
Do you have any YouTube channel or website for this project? From where we can learn something???
What are the plans to educate and raise awareness and adoption among the community to make more people understand about the project easily?
I want to support your project. Tell us more about the Ambassador Program and in what ways can we participate ?
Vaulty:
Of course we have Website : vaulty.fi,
Also we have started our YouTube channel where we will upload user guides and educational videos
Closing
Coinko :
Thank you for your detailed replies! I’m sure that users were able to learn a lot from this interview. In particular, among the questions and answers from the users, the perspective of automatic compound is fresh and original. It might have been a great opportunity to understand the cultural differences in views between other defi platforms.
Any last words before we wrap up the interview?
Vaulty:
Currently we are in the 3rd phase and we are gearing for our Public Sale.
So stay tuned.
Roadmap is available on our Website : https://vaulty.fi
During Phase 4 we will introduce new strategies and new products. Especially on the NFT side!
Vaulty
Decentralized platform designed to bring automatic asset allocation across DeFi instruments
The platform for auto compounding your tokens and LP’s. Key difference of Vaulty is the Profit Sharing Model.
Vaulty allows you to stake your tokens and LP’s into its vaults and does auto compounding for you, thereby increasing your initial deposit and turning APR into APY. Thus, you will earn more interest on your tokens staked with Pancake, Venus, Belt, Alpaca and other supported protocols. Vaulty announced dual-IDO on TrustPad and BSCstation on 10th of August.
📖 Related Link
Website: Vaulty.fi
Telegram: https://t.me/vaultyCHAT_new
ANN channel Telegram: https://t.me/VaultyANN_new
Twitter: twitter.com/VaultyFi
Medium: medium.com/@Vaulty.fi
YouTube: https://www.youtube.com/channel/UCvPzg6qgqxYeCjbX0DDlZ-w
