Trava Finance 2 Special Vaults On Binance Smart Chain For Users To Get $TRAVA On Fantom Network

These two vaults are deployed on Binance Smart Chain network and by staking into either of the vaults, users will receive their rewards in $TRAVA on Fantom network. The rewards will be claimable 1 day after listing $TRAVA on SpookSwap. The $TRAVA tokens on Fantom will be a big competitive advantage for these users compared to other users to trade early on Fantom and thus the users can gain a lot of profits.

Details of two special vaults are below:

TRAVA vault:

• Max lock limit: 70M $TRAVA
• Max earn limit: 2M $TRAVA
• Start date: Oct 5th
• End date: when reaching max lock limit
• Claimable time: 1 day after listing $TRAVA on SpookySwap
• Rewards in $TRAVA on FTM

rTRAVA vault:

• Max earn limit: 500,000 $TRAVA
• Start date: Oct 5th
• Claimable time: 1 day after listing $TRAVA on SpookySwap
• Rewards in $TRAVA on FTM

How to get rTRAVA to participate in the vault?

When you participate in our lending pool (i.e., deposit or borrow), you will receive your reward as rTRAVA from our Liquidity Program as your reward invoice. The rTRAVA is pegged to the $TRAVA, with a conversion rate of 1:1.

From Oct 5th, users will have one more option to do with your rTRAVA:

• The first option: you can convert $TRAVA from rTRAVA of your reward immediately with the conversion rate of 1 rTRAVA for 1 $TRAVA.
• The second option: when receiving your rTRAVA reward, you can continue to leverage your reward by staking in the rTRAVA Farming Pool to get more $TRAVA on BSC
• The third option: after claiming your rTRAVA from actions in our Lending Pool, you can stake into the rTRAVA vault for FTM to get your first $TRAVA on Fantom network.

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.