Trava Finance Single Sided Vaults With Locking Period

Trava Finance officially announces the opening of two single sided staking vaults for staking TRAVA (with locking period) and receiving TRAVA as rewards.

In addition to one TRAVA vault with more than 40% APY (no locking period), which was launched at the beginning of Trava Farming Program, this launch is accompanied by these two new vaults for our long term liquidity providers, offering the total reward of 15M TRAVA (4-month locking period) and the total reward of 30M trava (8-month locking period).

For these vaults, a flexible withdrawal mechanism and claiming plan are applied to diversify the choices of liquidity providers in the Trava Farming Program.

TRAVA 4-month locked vault:

-Max earn limit: 15M in $TRAVA

-Max lock limit: 36M in $TRAVA

-Vault closing date: 20th September 2021 or when reaching max lock limit.

-APR ~ 125%

-Locking Period: 16th August 2021–16th December 2021

-Stakers will also be able to choose an accelerated plan. After 2 months, from 16th October to before 16th December, stakers can withdraw at any time and claim 15% of their pending rewards and have the rest (85%) burned immediately.

-Stakers can claim 100% rewards at the end date of 16th December 2021.

-Stakers can will receive full of their rewards at the time of claiming, without vesting time

TRAVA 8-month locked vault:

-Max earn limit: 30M $TRAVA

-Max lock limit: 18M in $TRAVA

-Vault closing date: 20th September 2021 or when reaching max lock limit.

-APR ~ 250%

-Locking Period: 16th August 2021–16th April 2022

-Stakers will also be able to choose an accelerated plan. After 4 months, from 16th December 2021 to before 16th April 2022, stakers can withdraw at any time and claim 15% of their pending rewards and have the rest (85%) burned immediately.

-Stakers can claim 100% rewards at the end date of 16th April 2022.

-Stakers can will receive full of their rewards at the time of claiming, without vesting time

About Trava Finance

Trava Finance is the world’s first decentralized marketplace for cross-chain lending. While existing approaches provide only one or a few lending pools with their own parameters such as borrow/supply interest rate, liquidation threshold, Loan-to-Value ratio, or a limited list of exchangeable cryptocurrencies, TRAVA offers a flexible mechanism in which users can create and manage their own lending pools to start a lending business. Trava is deployed on the Binance Smart Chain and allows for lending with BSC tokens first; we then enable cross-chain lending with various tokens on Ethereum and other blockchain networks.