Vulcan blockchain features: Auto staking/auto rebasing is a game changer!
Staking allows crypto holders to make money without having to sell their digital assets. They can lend their cryptocurrency by storing it for a certain period of time and receive rewards in return in the form of tokens that can be sold at a later time. This is similar to putting money into a high interest savings account that can be used to earn interest based on how much money is deposited.
However, similar to various other technologies and investment practices over the years, the ability to invest continues to evolve and it is there Vulcan Blockchain comes in with its automatic staking, rebasing, compounding and fixed flex elements.
Understand Vulcan’s unique concept
When crypto investors stake their assets, they help run the blockchain to which they are affiliated in a mutually beneficial relationship. Vulcan claims that every project launched on the platform immediately becomes a DeFi protocol. This is possible through the core auto-rebasing technology inherited from $VUL, its original coin.
The emphasis on auto staking, auto rebasing and auto compounding differentiates Vulcan’s approach compared to other blockchains.
Thanks to automatic staking, holders no longer need to stake their coins anywhere other than their own individual wallets. With Vulcan, investors can also earn rebased $VUL coins as interest payments, and the supply of circulating coins is automatically distributed every 15 minutes at 44% APR.
Another significant benefit provided by Vulcan Blockchain’s automatic rebasing is that the overall quality of the network improves and its consistency is maintained, which is required for long-term success. Essentially, operations are allocated via a specific set of conditions and rules that allow investors to get a better idea of both the Vulcan Blockchain and their own asset management strategies.
Vulcan also uses a burning mechanism known as the Fire Pit, which continuously reduces the total supply of $VUL in proportion to the number of transactions on the blockchain. By default, 80% of total transaction fees are sent to Fire Pit, helping to minimize price fluctuations while maintaining sustainability.
Also, through Vulcan’s auto-compounding solution, all $VUL investors and holders can potentially grow their own with each epoch. In this way, investors can seamlessly receive regular interest payments via rebased native tokens.
Vulcan flex passive income
FixedFlex, or Vulcan Flex, is another revolutionary passive income concept by Vulcan and consists of two parts in it. To begin with, the term “Fixed” in this context refers to the permanent, consistent and unchanging 44% APR per annum that is distributed directly as rebases.
Furthermore, every $VUL holder receives this simply by keeping $VUL coins in their wallet and staking them automatically. The fixed amount is also automatically distributed to all eligible wallets without the need to claim or unlock the coins.
The term “Flex” in this context refers to the 1% of fees collected from all $VUL transactions performed on-chain on a daily basis. These fees are then collected and then distributed for claim purposes. Vulcan is the first and only blockchain to distribute revenue generated from transaction gas fees to its native coin holders of $VUL.
For a wallet to be considered eligible, it must contain at least 1 $VUL during each 24-hour period and claim during that time frame through the Vulcan dApp (otherwise it will be forfeited). Finally, the ‘FlexPool’ reward resets every day at 23:59 UTC.
What is Vulcan Blockchain?
Listed by Bryan Legend, the Vulcan Blockchain is the first of its kind to include layer-1 auto staking, auto rebasing, auto compounding and fixed flex components. In 2023, staking has become more popular than ever as investors look for reliable and efficient ways to earn extra income.
It is the desire to make staking as easy and efficient as possible that led to the formation of the above core aspects, all of which work in harmony to allow the Vulcan Blockchain to become the best platform for all DeFi needs.
For more information, check out Vulcan Official Website (https://www.vulcanblockchain.com/) as well Medium ( and Twitter (https://twitter.com/VulcanChain) channels.
Disclaimer: This is a paid post and should not be treated as news/advice.
