Trava Finance Staking Program Is Now Live

Published on: 19.07.2021

With a mission to create a ground-breaking lending protocol and give a great opportunity to the very first users to experience such the lending protocol, we offer a staking program, which allows users to stake tokens into Trava’s vaults. The program is the background of providing liquidity for our lending pools in the future and more than that, by participating in our staking program, users will get enormous APY. Our investors can now rest easy as they now have the opportunity to bolster their earnings effortlessly, thanks to this new program.

At the end of the program, tokens staked in Trava’s vaults will be transferred to our lending pools and you earn APR. With the lending pools, we will also offer a lot of attractive incentives policies for lenders and borrowers. TRAVA staking program is divided into 4 snapshots in a row. We name different identifiers for each snapshot.

THE FIRST STAKING SNAPSHOT IN DETAILS!

Get High with the Moon APY snapshot time is from 5 P.M UTC July 19th to 4.59 P.M UTC July 22th — First comes first served

In the first 24 hours, we offer a mind-blown APY for “early birds”, concretely: from 5 P.M UTC July 19th to 4.59 P.M UTC July 20th, we ensure APY over 2000% at all times for every stake.🚀

Notes:

-TRAVA does not lock your deposits, you can withdraw your tokens at any time.

-You can deposit BUSDBNB and ORAI (grateful to our partner — Oraichain and Orai holders) to earn TRAVA token rewards.

-The staking program will run continuously until the end. After each snapshot finishes, TRAVA’s team will report and publish vaults’ staking data on official social channels.

-After August 19th, you can claim your reward from the vault you deposited.

-The vesting time for the reward is one month after your claim, and it will be released every block (3s).

-There are 2 main parameters taken into account when calculating your rewards: The period of time you deposit in the vault and Your-balance-to-Total-balance ratio. So, the more you deposit in Trava’s vaults over a longer period of time, the greater APY you will receive.

Please follow the staking step-to-step guideline:

Deposit action:

1.Go to: http://staking.trava.finance

2. Connect your Metamask and make sure you’re in BSC network

3. You can deposit right on the dashboard or choose one specific vault (BUSD, BNB, ORAI) you want to deposit as below:

4. Choose Deposit and enter the amount you want to stake in the vault

5. Confirm the transaction

Withdraw action:

-Go to: http://staking.trava.finance

-Connect your Metamask and make sure you’re in BSC network

-You can deposit right on the dashboard or choose one specific vault (BUSD, BNB, ORAI) you want to deposit.

-Choose Withdraw and enter the amount you want to withdraw from the vault.

5. Confirm the transaction

While staking can be technically challenging, we will provide a dashboard, so anyone can stake easily, as well as other important information such as:

-Total value locked

-Your balance

-Pending TRAVA

-Vesting TRAVA

-Claimable TRAVA

Source:
https://medium.com/trava-finance/fire-it-up-with-trava-staking-program-travas-vaults-are-now-open-19d179ea1a47

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