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DarkCrypto
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PROTOCOL & MECHANISMS
HOW-TOS
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DarkAuto
Earn double multi-token rewards on DarkAuto vaults.
What's DarkAuto?
Like a bank account, DarkAuto is an instrument for you to deposit your capital to perpetually grow it by accumulating interest. When interest is earned your deposit grows, and the next time interest is earned again, your deposit grows even more! This effect is known as compound interest, and it arises because each proceeding interest is calculated on your new balance which includes all the previous earnings.
What differentiates DarkAuto from other Vaults?
- 1.Official Vaults & Candidate Vaults
DarkAuto has two types of vaults: Official Vaults and Candidate Vaults.
Candidate Vaults are pools which have not been audited by third party, but only checked by DarkCrypto DEV team.
Candidate Vaults collects 1% controller fee and 5.5% performance buyback DARK.
When TVL of Candidate Vaults is high enough and they are audited, they will become Official Vaults.
It's important to note that using Smart Contracts, Tokens, and Crypto is always a risk. Please DYOR before investing.
2. Earn double multi-token rewards
In DarkAuto's Official Vaults, by providing liquidity on some decentralized exchanges (DEX), the protocols reward liquidity providers by paying them with multi-token rewards such as MSHARE, VVS, SINGLE…
The vaults then will automatically harvest the farming rewards and sell them for the other tokens in LPs. Each time this is done, the vaults will reinvest these tokens into LPs and deposit the LPs back on the farm on behalf of the user. This means that each day, the user’s deposit will earn more tokens than the last. If this sounds familiar, that’s because it is! This is again the concept of compound interest at work.
By automatically selling reward tokens earned on arbitrary farms, and reinvesting capital into more LP tokens deposited back into the farm to perpetually earn more and more rewards, DarkAuto is capable of achieving astronomical compound interest rates.
Moreover, DarkAuto offers bonus extra rewards in DARK which can be claimed anytime (no lock-up).
3. Auto compound time
In DarkAuto, auto compound will happen every 30 minutes if the pending reward is at least $100. In case the pending reward is less than $100, it will be compounded automatically after maximum of 4 hours.
Besides, the compound can be called manually anytime by clicking Compound on the vault interface.
4. Fees
DarkAuto charges a 5% fee on each auto compound:
- 4% performance fee to buy back DARK
- 1% gas fee (compound every 30 minutes)
- No deposit and withdrawal fee
5. Token lists
1
MMF/SVN LP: 0xB6E1705BfAFcf1efEE83C135C0F0210653bAB8F0
2
MSHARE/MMF LP: 0xc924da29d37f3b8C62c4c3e4e6958bF2b5ebF677
3
VVS/CRO LP: 0xbf62c67eA509E86F07c8c69d0286C0636C50270b
4
VVS/USDC LP: 0x814920D1b8007207db6cB5a2dD92bF0b082BDBa1
5
VVS/USDT LP: 0x280aCAD550B2d3Ba63C8cbff51b503Ea41a1c61B
6
SINGLE/USDC LP: 0x0fBAB8A90CAC61b481530AAd3a64fE17B322C25d
7
SINGLE/VVS LP: 0x6f72a3f6dB6F486B50217f6e721f4388994B1FBe
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