STOCK Vault
Last updated
Last updated
The Stock Vault allows users to stake their assets and earn rewards in the form of shares, which represent a proportional stake in the reward pool. These shares determine the amount of dividends you earn from the reward pool, not actual stock ownership.
Shares themselves do not generate stock, but they increase your share of the reward pool, meaning they determine how much you can earn from the overall distribution.
All rewards generated are sent into the reward pool, which pays out a steady return of approximately 3% of its balance per day across all stakers. This means that the reward pool grows gradually, and each stake earns a proportional share of the total pool based on the number of shares they hold.
The rewards are distributed continuously to all staked users, but it’s important to note that this 3% daily payout is for the entire reward pool, not for individual user bags. For example, if you hold 10% of the total shares, you would earn 10% of the reward pool over time, assuming your stake remains active.
Minimum and Maximum Shares:
At the minimum lock period of 1 day, each STOCK token yields 1.03 share.
The maximum reward rate is reached at 100 days, where each STOCK token yields 3 shares. This provides users with a 300% increase in shares when they commit to the maximum lock period.
Example
1 STOCK staked for :
1 day yields user 1.03 shares
10 days yields user 1.3 shares
25 days yields user 1.75 shares
75 days yields user 3.25 shares
100 days yields user 4 shares
Each stock is pegged 1:1 with DAI-WPLS LP. For example, if the stock token market cap is 150k, that implies there’s 150k in PulseX position to generate rewards for stock vault stakers.
The longer you stake, the more you're guaranteed a similar APR to what you'd earn from the LP (PulseX, platform fees, and excess rewards). However, you have the potential to earn much more depending on the STOCK tokens not staked in the vault, as unstaked STOCK tokens generate rehypothecation rewards for the STOCK vault.
Maximized Returns:
By choosing a longer lock duration, users can significantly increase their share count per STOCK, leading to greater rewards. This tiered bonus structure provides an attractive incentive for users willing to commit for longer periods.
Flexibility and Control:
Users can customize their lock period up to 100 days, balancing their need for liquidity with their desire for higher returns. The Vault’s intuitive interface clearly shows the additional shares and bonuses associated with each lock period, helping users make informed decisions.
Platform Stability:
The locking mechanism helps maintain platform stability by encouraging long-term staking, reducing short-term volatility, and ensuring consistent liquidity within the Pulse Capital ecosystem.
