Introducing Bear Vault

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Bear Vault is a decentralized application (dApp) built on the Ethereum blockchain that is designed to provide efficient yield rewards which vary depending on market conditions.

What does this mean?

Most decentralized projects that feature a staking mechanism generally return one type of reward for staking per pool. This means that when markets fluctuate there is an inherent risk of the yielded rewards dropping in value, making the “reward” obsolete.

The vault.

Staking your coins within the Bear Vault will allow you to yield rewards without the worry of them dropping in value. This is achieved via Bear Vault’s yield replacement algorithm which alters the reward type between the main alt reward (For when the dApp determines the market to be green, aka “bullish”), to a stable yield (e.g. USDT, USDC) when the market is yellow (Moving sideways).

This evaluation of market conditions is both autonomous and can, in parallel, be voted on by holders of the $BVLT governance token.

Users of the vault who do not wish to have automated yield, are still able to choose their preferred staking pool at their own risk.

We believe that this is the most innovative type of staking mechanism that DeFi has seen since LP pools. We are very excited to bring everyone’s favorite projects on board with us to use our staking vault! 🔥