Cardence Partners with Vulture Peak
Cardence has partnered with Vulture Peak, The most convenient platform to participate in the IDOs and early stages of projects.
Introduction of Vulture Peak
Vulture Peak is a pioneering Launchpad and an Investment fund focusing on blockchain games, NFTs, metaverse, DeFi, and other recent developments in the blockchain space.
While the blockchain industry has been expanding and growing in recent years, not much has been done to have equal growth amongst the overall sphere of their society and it has mostly benefited a certain segment of the society who has the resources and liberty of investing early in projects.
Vulture Peak focuses on leveling down these grounds and empowering everyone with investing power.
Features of Vulture Peak
A. Deflationary Mechanism
The $VPK tokens deposited by the users as registration fees during whitelisting will all be collected in a vault.
The balance amount of tokens (~ 65%) will be used for ecosystem growth and profit-sharing amongst the community.
B. Staking and Farming
Staking
The staking on Vulture Peak platform is slightly different as the users get staking rewards in points. Users can stake their $VPK and VPK-BNB LP tokens to increase their total points depending on the number of tokens staked.
When users unstake, their total points will decrease accordingly.
Farming pool
In the Farming Pool, users stake their $VPK tokens to earn reward tokens depending on the duration and the number of tokens staked.
This will be similar to staking features in other platforms.
C. Guaranteed Allocations
These whitelisted users will have guaranteed token allocation.
D. Gamification and Vultureverse
As they progress, Vulture Peak will gamify its platform and venture into the exciting city of metaverse and incorporate Vultureverse in collaboration with other metaverse projects.
E. Early Stage Investor
Vulture Peak will also invest in the early stage of the project as a community-based VC as it progresses and provide opportunities to its token holders to invest in some of the potential projects in the space.
About Vulture Peak
Vulture Peak is a pioneering Launchpad and an Investment fund focusing on blockchain games, NFTs, metaverse, DeFi, and other recent developments in the blockchain space.
About Cardence
Cardence is a decentralized presale platform and IDO launchpad for new project on Cardano blockchain.
By Decentralized presale platform, they mean that anybody with a Native Cardano token will be able to create a presale of their token on Cardence in a permissionless manner.