Singular Farm Lottery Vault

Published on: 25.10.2021

The lottery vault is implemented with a 3% buyback used to burn $SING tokens. This opens up a brand new avenue for Singular farm to support and grow the floor price of $SING.

This burn feature is implemented to offset the emission rate of $SING and combat inflation, providing a solid baseline to support the positive growth for the price of the $SING token. As more and more users take advantage of the high APYs offered by vault, it’s easy to see that this would also result in burning more and more $SING.

Singular Farm

The next gen multichain strategic yield farm on Polygon (Matic Network), Binance Smart Chain (BSC), and Avalanche with a unique Triple Farming System.

 

Source

https://medium.com/@singular.farm/introducing-singular-lottery-vault-everything-you-need-to-know-828aa189c94e

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