#PR:Vault Hill to launch staking pool with remarkably high APY after a successful IDO

Stan Peterson
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Expertise : Web3 Projects, ICOs, DeFi, and NFTs.
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]
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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 GlobalBitmart 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, TelegramDiscord and LinkedIn.

Media Contact:

Oyin Ajayi

Email: [email protected]

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
A USA-based blockchain enthusiast deeply involved in diverse crypto projects. With a knack for insightful reviews, I navigate the dynamic crypto landscape, offering a unique perspective on ICOs, DeFi, and NFTs. Let's connect and explore the limitless possibilities of digital transformation! Reach me out @ : [email protected]