Planet Finance Launches The AQUA Auto-Compound Vault

Planet
2 min readJul 23, 2021

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As per the vote of the Planet Finance community, we’re excited to announce that we’re launching the AQUA Auto-Compound vault! This proposal was put forward by the CORE team and received well over 69% of the votes in approval of this new feature.

To learn more about governance rules you can go here.

To celebrate the launch of the AQUA Auto-Compound vault we’re going to boost the vault multiplier from 15x to 20x for the first week!

AQUA Bounty

Claiming the AQUA Bounty will automatically compound all pending AQUA yield earned for everyone in the vault.

The AQUA bounty earned by calling the claim function, is equal to 0.05% of the pending AQUA yield since the last compound. This incentivizes the community to assist in maximizing the yield in the AQUA auto-compound vault.

Vault Details

Withdraw Fee: 0.1%
Performance Fee: 2.5%

The manual AQUA vault will stay in the ALL tab for a few days and will then be moved to the FINISHED tab. So please move your AQUA to the new AQUA auto-compound vault as soon as you can.

For any further questions on this, please visit our telegram group here.

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Planet
Planet

Written by Planet

Decentralize the planet’s finances. Governed by AQUA, powered by GAMMA. https://app.planet.finance/

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