Stronghands Vaults are single-asset staking contracts which facilitate perpetual distribution of fees and gains from interest-bearing strategies of the protocol. Each vault collects a 10% fee on deposit and withdrawal, which is distributed between instant dividends, the distribution pool and The Treasury (at a 70/20/10 ratio). Users can deposit and withdraw at any time, and there are no developer, marketing or administration fees.
How are the Vault Fees used?
1% of every deposit and withdrawal from the Stronghands Vaults is awarded to Protocol-Owned Liquidity, which can be used to invest in 3rd-party protocols (such as Mimas Finance, Tectonic Finance and partner projects). Whenever there are substantial gains made with Protocol-Owned Liquidity, portions will be distributed to the Rewards Pools of these vaults.