We’re excited to announce the completion of our triple yield aggregating token strategy. This marks a significant step for us as we prepare for the launch of our protocol and democratic decentralized autonomous organization on Sept. 23, 2021.
Alongside this, players will be able to access numerous staking pools, including Axie Infinite (AXS), StarLink (STARL), The Sandbox (SAND), Decentraland (MANA) and Ethereum (ETH). Staking in any of these pools offers our players an avenue to earn interest on their holdings while standing for what they truly believe in — decentralization. In addition, it also provides you voting options to contribute to key issues that concern the protocol.
When you stake any of these coins into their respective pools, you’ll be rewarded with vEmpire (VEMP) tokens alongside the native token you staked. For instance, if you stake MANA, MANA will be locked and monetized so you’ll enjoy both VEMP and MANA rewards. Similarly, when you stake AXS, the tokens will be locked in the perpetual AXS staking strategy, where profits will be generated and redistributed across all stakeholders in both Smooth Love Potion (SLP), AXS and VEMP.
With five active pools, vEmpire will incentivize more tokens on the platform, which will accelerate the fight against centralization. Additionally, vEmpire operates a fair governance system that seeks to empower all token holders. Therefore, the protocol set the minimum monetary requirement for governance proposals to $10,000, making vEmpire have a much fairer form of DAO where votes are done democratically and ensuring that founders and developers can’t outvote the community.
This way, everyone gets to share in the generated rewards instead of only those with huge holdings. We foster such a fair system since our goal is to invade protocols that are losing to centralization. By empowering more VEMP token holders, we can move at a fast pace to achieve our objective.
The vEmpire platform seeks to achieve true decentralization of DAOs by incorporating different staking strategies to incentivize numerous metaverse tokens, speeding up the invasion of the metaverse to restore decentralization. The protocol will reward stakers of MANA, STARL, SAND, AXS and ETH with its VEMP token, alongside rewards in the token they staked. Starting with these metaverses provides vEmpire the opportunity to establish its presence in the market as vEmpire and its users will be able to influence how profits are distributed on the platforms they invade.
About Axie Infinity
Based on the Ethereum network, Axie Infinity is an open-ended digital play-to-earn metaverse where anyone can earn rewards by contributing to the ecosystem. In the universe, users play to earn by battling and building kingdoms for their Axies. The platform also empowers developers to create their tools in the universe since Axie genetic data and art assets are easily accessible to all. Axie remains an online gaming platform that enjoys top ranking on Ethereum. Holders of the platform’s token, AXS, can contribute to development issues and more.