$VKA - Ultimate Undervalued Pick
$VKA is the leading liquidity hub for Perp DEXes
๐ฅ Private sale sold out in 10secs
๐ฅ Token sale raised more than 8x the original amount
๐ฅ Juicy yields at 400% APY
Why $VKA is one be my bags that I have been accumulating ๐งต๐
A couple of catalysts that spearheaded my motivation for $VKA being one of my bags:
๐ท Arbitrum season
ARB STIP though might be over, we will begin to see the aftereffects of it. It will drive the next run for Arbitrum protocols that are recipients or indirectly benefiting from the $ARB incentives.
As @Vaultkaofficial is integrated with partners like $GMX, $VELA, $HMX, $LVL, it stands to benefit when one its partner benefits. Though $VKA did not get awarded the ARB grant, its effort through its STIP proposal showed its commitment towards development.
@GMX_IO would be getting a the STIP grant and is the biggest winner here with 2mil $ARB tokens. I am positive that the effects of the grants will flow towards the partnering protocols of $GMX.
Also, I will be on the lookout for low cap gems like $VKA that have been shipping. Furthermore its TVL stands at $12mil now. There is more room to grow.
More info about ARB STIP can be found here:
๐ท Partnersโ Success
Beyond just the STIP grant that GMX will receive, Vaultka could see potential benefits when its partners implements updates and grows TVL along with more usage. For instance, the highly anticipated GMX v2 would benefit Vaultka alot
@GMX_IO v2 is integrated with Chainlink Data Streams for real-time pricing and faster on-chain transactions. So with this upgrade, this improves performance, security, and helps mitigate frontrunning.
And with better capital efficiency and Vaultka being the hub for liquidity for GMX, I would be excited to see better yields and in turn generate healthy revenue for token holders.
๐ท Round 4: Last Call Cheers
Earn Real Yield + Extra $esVKA Incentives By Depositing in Lending Pools
Now, Vaultka Round 4 last cheers call is live, where early participants reap the biggest rewards. Donโt say that I did not share alpha with you:
10x leverage
Boost up to 2.5x of $esVKA emission for LP when you stake $VKA
30% APY on $VKA
14% on $esVKA
1.2x of Leaderboard Points Multiplier
Aside the these bonuses, Vaultka Vault also features:
GLP Neutral and GM Leverage from @GMX_IO
VLP Leverage from @vela_exchange
HLP Leverage from @HMXorg
๐ท $VKA Token Metrics
When it comes to accumulation, I always want to make sure that I get the bang for buck token and I think that $VKA has reached a steady floor price.
Here are some metrics that I think makes $VKA price be particularly attractive:
Undervalued - MC: 1mil TVL: 11.5mil โ MC:TVL ratio at 0.08
Low sell pressure - No large token unlocks for the next 3 months
Deflationary - 30% of revenue to be dedicated to $VKA buyback and burns
Revenue share - Good RR acquiring $VKA to earn fee sharing of 60% of the protocol fees are distributed in $USDC to $VKA or $esVKA
Additionally, $VKA have the following token utilities:
Reward Boosts - $VKA stakers receive a maximum of 2.5x boosted emissions for every deposited vault.
Voting Gauges - $VKA stakers can vote for the distribution of emissions across vaults on a weekly basis (coming soon)
Leaderboard Multiplier - Users can stake $VKA to activate a 1.2x multiplier of their daily total score on the leaderboard
Twitter: https://twitter.com/arndxt_xo/status/1719673906301440137