What are the advantages of UFD Vault V1
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Eliminate the complicated contract operation of liquidity mining and save users high Gas fees. You only need to recharge assets to the UFD Vault smart contract as an agent, and recharge/withdraw with one click, and you can get the best returns in the market.
In the early stage, it was developed by more than 10 full-time contract engineers of the core team, and each contract has been audited by more than two world-renowned security companies to ensure the security of the contract to the greatest extent. At the same time, UFD's community engineer team is gradually being formed, and we welcome all outstanding developers to join UFD's contract development and audit. In the future, UFD's insurance products will also support the contracting of strategies in the UFD Vault to further reduce possible risk losses.
More than 20 strategy analysts in the community collect market information, discover high-yield strategies at the first time, and submit them to the contract team for development.
UFD Vault is a smart contract governed by UFD DAO. Funds are managed in a decentralized manner without trusting a third party.
Vault V1 Profit Distribution
The income of various cryptocurrencies generated in the UFD Vault pool will be converted into UFD in DEX, 95% will be allocated to fund investors, 1% will be risk reserves, 1% will be harvested, and 3% will be used for repurchase in the secondary market UFD will enter the Vault fund pool (the usage will be determined by community voting later). The risk reserve is used to make up for the losses caused to Vault investors due to unforeseen risks. The repurchase in the secondary market will be carried out in the DEX, and the DEX that mainly conducts the repurchase operation will be announced before the repurchase.
The whole process of revenue generation and distribution is realized on the chain through smart contracts, which is completely open and transparent, and accepts the supervision of the whole community. In the future, the main parameters in the income distribution can be changed through community voting governance.
