To obtain your gvVALUE tokens; which is the asset that will be bridged across the $ETH Mainnet & the @binance Smart Chain (#BSC ) Mainnet, you will be required to stake your $VALUE tokens to the vGov.
@binance Q1 - What are the benefits of holding the $VALUE token on the Ethereum Mainnet network? Give me reasons not to sell. Some are assuming that the VALUE token will be abandoned now that vBSWAP is being created. Can you clarify the use case for VALUE?
@binance 👉 $VALUE will always be a governance & profit receiving token of the whole ecosystem if staked in #vGov. With the new farming token on #BSC , gvVALUE holders will get extra rewards at BSC if they choose to bridge their gvVALUE to BSC & stake in gvVALUE-B/BUSD 98/2 pool.
This week, let's deepen the concept of our 98/2 pools. ⭐️
What are the advantages of these pools compared to conventional ones? 🧐
Let's check this.
1/4
Conventional Staking Pools
✅ No impermanent loss
✅ Lower fees through autocompound
❌ Dead capital - the fund is just sitting in the pool
2/4
👑 98/2 FaaS Pools
✅ Almost 0 impermanent loss when using a stable pair (f.e. TOKEN/DAI)
✅ Capital can act as liquidity for trading
✅ Liquidity providers incentivized from swap fee
✅ Lower fees through autocompound
❌ Slightly higher GAS fee when providing Liquidity