#PR:Vault Hill to launch staking pool with remarkably high APY after a successful IDO
LONDON, UK, February 10, 2022 –Vault Hill, the firsthuman-centric,blockchain based metaverse focused on enhancing the human experience through extended reality (XR), is pleased to announce that its much-awaited staking pool will launch tomorrow, February 11, 2022.
Following a successful Initial Decentralised Offering (IDO), that is, the public sale of its native cryptocurrency, $VHC, where it raised $2.1 million USD, Vault Hill has allocated 250,000 VHC tokens (total rewards) towards its staking program with 1000% initial APY for token holders who stake for a 90-day period. The human-centric metaverse will be leveraging AllianceBlock service and expertise, a multi-faceted platform building the future of finance through DeFi and TradeFi integration, to facilitate its staking program on the blockchain.
Participants in the staking pool will get early access into Vault Hill City (the metaverse), as well as an NFT drop coming up later in the year.
“More than the fact that staking will contribute to the growth and operation of our blockchain platform, we are excited at the opportunity to create value and sustainable economic return for our stakeholders to increase earnings and build their digital asset. Those who join the stake pool canhave their cryptocurrency work for them, rather than just having it sit in their wallet doing nothing,” said Jimi Daodu, Vault Hill’s CEO.
The $VHC token is one of the two digital assets created by Vault Hill. The other digital asset being the virtual land ($VLAND), is the Non Fungible Token (NFT) of the metaverse that will soon be available for purchase in March 2022 during the Initial Land Offering (ILO) and only $VHC token holders will be eligible to buy parcels of $VLAND. Meanwhile, the $VHC token is listed and publicly trading on Quickswap MEXC Global, Bitmart so those who missed out on the IDO can still purchase the token on those exchange platforms.
Vault Hill’s mission is to revolutionise extended reality (XR) experience by creating a constructive metaverse that focuses on the basic human instincts which allow users, content creators and developers to explore their unrestricted creative freedom whilst monetising their creation in a secure ecosystem. Its ecosystem comprises of the Vault Hill City (VHC) which is the metaverse, the NFT marketplace which will be fully decentralised, avatars with wearables and XR consulting. The $VHC token has been built on the Ethereum Network (ERC-20) after a thorough audit process with Hacken and all transactions in the metaverse are secured on the blockchain.
To learn more about Vault Hill and its development timeline, please visit the website at vaulthill.io and read the whitepaper . You may also follow on socials to keep up with the latest updates – Twitter, Instagram, Telegram, Discord and LinkedIn.
Media Contact:
Oyin Ajayi
Email: [email protected]
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