📶Earn [Vaults]
Wasabi offers a transparent and efficient staking platform that allows you to earn interest on the tokens you hold long-term. Our vaults are designed to provide low-risk returns without the complexities often associated with traditional liquidity provisioning methods.
Why Choose Wasabi to Earn?
Single-Asset Liquidity Provision: Deposit only the token you wish to earn on - no need for pairing with another asset.
Transparent Mechanism: Our yield process is straightforward, ensuring you understand how your assets are utilized.
Support for Long-Tail Assets: Deposit and earn on a wide range of tokens, including those beyond the mainstream options.
How Do Wasabi's Vaults Work?
When you deposit your tokens in Wasabi's vaults, they are utilized to provide liquidity for traders seeking leveraged positions. Here's a simplified breakdown:
Liquidity Provision: Your deposited tokens supply liquidity to traders on Wasabi, who effectively borrow from vaults to go LONG or SHORT with leverage.
Interest Accumulation: Traders pay interest on the borrowed funds, which is then distributed to liquidity providers.
Risk Mitigation: If a trader's position approaches a loss threshold, it is liquidated to protect your deposited assets.
Enhanced Earnings with Vault Boosts
Occasionally, token teams may choose to boost the Annual Percentage Rate (APR) of specific vaults by offering additional tokens as incentives. These boosted vaults are indicated by a green icon on the vault overview page, signaling an opportunity for higher returns.
Benefits of Deposits for Token Performance
Depositing tokens on Wasabi does not only benefit you as an individual investor but also positively impacts the overall token ecosystem:
Market Confidence: Depositing demonstrates a commitment to holding the token long-term, signaling confidence to the market.
Supply Reduction: Tokens deposited are temporarily removed from circulation, potentially increasing the token's value due to reduced supply.
By choosing to deposit with Wasabi, you contribute to a healthier token economy while enjoying the rewards of your investment.
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