Vault

The Vault presents the ideal solution for investors aiming to generate yield from their Apollo tokens.

Vault offers investors the opportunity to stake their Apollo tokens to earn daily returns on them in real-time. Investors can chose a duration between 30 and 300 days which will generate them a Daily Return Percent (DRP) of 0.376% to 1.24%. Additionally, there is another optional factor that affects the DRP of a stake, which introduces the second token of Olympus, Ares token. By depositing Ares tokens during the stake creation, which they will get burned, investors have the opportunity to further increase the DRP of their stake. Depositing Ares can increase a stake's Daily Return Percent (DRP) of the stake by 0.6%. However, it is completely optional and can be skipped if desired. Read more about different ways to earn Ares tokens at Ares Mining. Alternatively Ares tokens can be bought from pancakeswap which is 100% provided by other users.

Ares tokens that get deposited in vault will be burned.

Investors can put up their stakes to auction for other investors to buy, read more at Auction.

Vault Reward Reserve Pool

Initially, 23 billion Apollo tokens are minted at launch for Vault and transferred to the Vault contract to cover the stake reward payouts. Although this amount will last for a significant duration, there are also multiple Taxes including the buybacked Apollo from swap which are explain at Taxes that are added to the Vault reserve pool to further extend its longevity.

More About DRP

As explained Investors have the ability to enhance their DRP by also depositing Ares tokens while creating a Vault stake. To be precise, each individual Ares token will increase the DRP of 100 Apollo tokens by 0.1%. This means that in order to achieve the maximum DRP for a stake, investors must provide Ares tokens equal to 6% of the staking Apollo tokens. Investors can use the calculator implemented in Vault page to determine the amount of Ares tokens they wish to burn.

Collecting Generated Rewards

There are two options available for claiming Vault stake rewards. Investors can either choose to collect their stake rewards directly to their wallet or compound them as a new Vault stake.

Compounding offers two benefits. The first is a Tax advantage, as compounding results in no Tax payment. The second benefit is the reward of Ares tokens that they will receive for compounding.

And finally, investors can collect their stake, which includes the initial staked Apollo tokens as well as all the unclaimed rewards, once the stake reaches its duration end.

- Stake rewards can be compounded once every 7 days. - The Ares reward for compounding is equal to 1.5% of the compounding Apollo amount.

Learn more about Ares and Ares Mining.