Bullas and Vase
Insert really funny joke about a bull in a china shop
Last updated
Insert really funny joke about a bull in a china shop
Last updated
BULLAS will be deploying Vase Finance's first ever Sub-Validator. We won't bore you with the specifics, but what this means for you is that you'll be able stake any Asset that Vase supports to the BULLAS Sub-Val, earning staking yield, BGT and Vase rewards too. We even bullied Vase into giving us a 50% discount on their staking commission, so you'll earn higher yield from day 1. Bullas treasury will receive the largest $VASE airdrop after Booga Beras.
10 BULLAS NFTs will be given to partner communities who delegate to the BULLAS Sub-Val, with another 12 NFTs to be given out to stakers over 12 weeks.
BULLAS will receive 6.9% of the Booga Beras staking rewards, and we will use these to buy Booga Beras off the floor. After Vase's launch, these funds will instead be used to build a treasury of Vase LSTs which will be permanently staked to earn rewards. On top of the above, BGT farmed by BULLAS will eventually be delegated to the Booga Beras, with yield from this of course sent to the BULLAS NFTs.
In return, BULLAS will drive delegations towards Booga Beras Validators, with BULLAS NFT hodlers earning a portion of these rewards. Booga Beras will also receive a portion of the BULL airdrop, using the Booga Beras Warden contract for distribution. BULLAS will also use 10% of BULL ISH revenue to buy BB's off the floor, with this revnue shifted to buying VASE LSTs after their launch.
AND FINALLY, after VASE TGE.
BULLAS will compound their VASE airdrop and deposit it into their Sub-Val, climbing the Vase leaderboard and gaining more governance control in the Vase eco. As we rise to power, so do our rewards.
BULLAS will use 50% of rewards for compounding, 40% for rewards for users who deposit to the Sub-Val, and 10% for new communities that use the Bullas ref links for delegations!
