NFT Time-Lock Vaults
NFT Time-Lock Vaults are designed to provide a multi-layer yield to holders by leveraging emissions, bribes, and other incentives. When users purchase an NFT from a vault, their funds are locked for a specified period, during which they earn enhanced yield. These vaults are NFT-backed, ensuring that liquidity is secured and tradable.
Fixed Lock-Up Vaults
- Funds and Partner NFTs are locked for a predefined duration.
- Users earn boosted yield from additional bribes.
- NFTs are locked and not tradable.
- This mechanism reduces sell pressure, enhances utility for existing NFTs, and offers improved yields as compared to Flexible Vaults.
Flexible Lock-Up Vaults
- Users’ liquidity is backed by NFTs, ensuring the security and making their position liquid.
- Vault positions are tradable on marketplaces, allowing users to sell their locked positions.
- Users earn yield from additional bribes, lending/LP yields, emissions, and fees generated by the vault.
Feature | Fixed Vaults | Flexible Vaults |
---|---|---|
Tradable Position? | ❌ No | ✅ Yes |
Lock Period | ✅ Fixed | ✅ Fixed |
Required Partner NFT? | ✅ Yes | ❌ No |
Yield Sources | 💸 Bribes + Lending/LP + Emissions + Vault Fees | 💸 Bribes + Lending/LP + Emissions + Vault Fees |