NEON VAULT

What is it ❓

Neon Vault is a 100% Community driven, deflationary defi project, controlled through the use of the governance token, NEON.

This means that any changes or additions to the project will only arrive from on chain voting, basically only holders of NEON will be able to place a vote. This ensures that the holders will always choose the most favourable outcome for both the project and their investment.

The Neon Team would like the community to decide which parameters they would like to incorporate within the first month of trading, things such as liquidity lock periods, rewards percentage and periods to unlock these rewards, as well as suggested token pools they would like to see available within NEON VAULTS.

What can you do with NEON VAULT tokens❓

With no rewards pool shown in the tokenomics, where do NEON rewards come from❓

Whenever NEON is traded, either the tokens are bought or sold on Uniswap, the contract automatically takes a 1% fee and sends it directly to the NEON Vault where Stakers of the Neon LP token will be able to farm these rewards.

To obtain the NEON LP token holders must place NEON/ETH in the liquidity pool on uniswap, this returns the NEON LP token. Staking in this pool will earn the holder a % of each trade, next the holder will go to the Vaults on neonvault.io and stake their LP token earning them share of the entirety of the fees collected from the previous days trading.

Therefore if there was just one person staking their NEON, they would earn the entire pool of fees collected by the vault from that days trading.

The rewards from staking NEON LP token can also be withdrawn daily, at present there is no locking period for staking the LP token. This will be one of the first votes the NEON tokens governance function is used for.

Be sure to keep an eye out for the Audit report due this week, as well as partnerships to launch the presale marketing.

Telegram — https://t.me/NEONVAULTS

Website — www.neonvault.io