As part of our move to the Fantom network, we are opening up two new staking pools on the network.
Firstly, our brand new dual yield FTM staking pool. Like we have done on Ethereum and BNB Chain, we are opening a Layer 1 staking pool that will allows us to make further investments into projects native to the Fantom network, above and beyond our recent acquisition of Penguin Karts. The primary yield will be paid out in VEMP from our emissions, and a percentage of any profits from FTM investments will also be provided as a secondary yield to stakers in FTM.
The second pool is our signature DDAO pool, which is pure VEMP staking. With a fixed APR of 15%, paid through our emissions, the FTM DDAO will allow users to stake their purchased VEMP, as well as compounding VEMP earned from staking FTM. Thanks to Fantom’s fast and cheap network, it is very easy for users to compound their VEMP and maximize efficiency in our ecosystem.
We’re excited to offer a one-of-a-kind dual-yield for our FTM staking pool, where users benefit from our investments in the Fantom ecosystem. As we allocate and acquire FTM for projects and generate returns, we distribute profits to our stakers. Plus, we sweeten the deal by sending VEMP to all staking pools every ETH block from our emissions schedule.
We want to ensure that our users have the flexibility to withdraw their funds whenever they choose, so our Fantom staking pool will be fully liquid.
This launch is just the beginning as we plan to include more Fantom games in our ecosystem, alongside our popular Penguin Karts game.
Thank you for your continued support. Be sure to stay tuned for more updates. We look forward to seeing you in the Fantom staking pool!