OVAULT Explained
OVAULT is a liquid staking pool that allows you to participate in a collection of music deals and receive consistent rewards. We use the USDC in the pool to acquire music catalogs and provide advances to musicians. We then collect the rewards from these deals and add them back to the pool.
OVAULT in Practice
On the Opulous Finance platform, you can find OVAULT and begin your staking journey.
By adding USDC into the staking pool you will receive OVAULT tokens that represent your exact stake in the pool.
The value of OVAULT tokens increases with each repayment, allowing you to claim a higher amount of USDC whenever you decide to unstake. Holding your OVAULT enables you to continue accumulating rewards, thereby maximizing your returns over time.
OVAULT offers two innovative music deals to generate earnings.
Music Catalogs offer you access to an expertly curated music library featuring hits by legends such as Prince, Michael Jackson, Mariah Carey, and Celine Dion, as well as contemporary global superstars like BTS.
Music Advances allow OVAULT users to earn from fixed-rate music advances given to artists, facilitated through our partnership with Ditto Music, an award-winning music distribution company that serves over 1 million musicians.
The liquid staking pool works in staking and unstaking cycles. That means if you want to stake in a pool, you need to wait for a new cycle to begin and then join the program. You can find more information about the timeline of these cycles on the website or by following our social media updates on X, Telegram, or Medium.
Discover in this article how you can get involved with OVAULT.
Do You Still Need Help?
Let us know by joining the official Opulous Telegram Community 👉 here.
If you're still having any issues with any of the above steps, please contact us on a chat function here 👉 Opulous Chat. You can find the chat button in the bottom right. Make sure you share as much information about your issue as you can so the support team can help you quicker.
Alternatively, you can contact support by emailing support@opulous.org.