Obtaining $VLTY and VLTY-WBNB Tokens
Last updated
Last updated
The $VLTY token is not yet publicly tradable. We're working hard to make Vaulty perfect and can't wait to release it to the world. Stay tuned!
The $VLTY token is the center of the Vaulty DAPP and its pools. Because Vaulty is built on the Binance Smart Chain (BSC), you can purchase $VLTY through PancakeSwap. Similar to Uniswap, PancakeSwap is a decentralized exchange (DEX). You can trade $VLTY tokens on it like any other normal token.
Some of Vaulty's pools use VLTY-WBNB LP tokens. These are liquidity providing tokens. In exchange for providing liquidity to PancakeSwap, you'll receive LP tokens. These tokens represent the amount of liquidity you've provided and can be used to redeem the underlying assets.
Decentralized exchanges like PancakeSwap and Uniswap require people to provide liquidity to the platforms in order to have assets to swap. In exchange, liquidity providers receive a portion of the fees collected through swaps.
Providing liquidity comes with the inherent risk of impermanent loss. Do your own research and understand the risks before proceeding. Learn more
First, open the PancakeSwap website. On the left side find the Trade dropdown menu and choose Liquidity. You can now select to provide liquidity between WBNB and VLTY. Enter in the amount of tokens you want to dedicate and PancakeSwap will automatically calculate the correlating amount of the other token based on the current price.
Lastly, click the Supply button. You will need to sign the transaction through your wallet.
Congratulations! You are now the proud owner of your very own VLTY-WBNB LP tokens!
$LANTTI tokens are internal tokens. They can not be sold on a platform like PancakeSwap and can only be obtained by earning them through staking.