Whats’s the Golff Vault：

Golff Vault is an intelligent revenue aggregator (Earn Collection), based on the DeFi protocol that automatically implements the best revenue strategy configuration. It can help investors obtain the best returns in the market with one click, thereby greatly reducing the entry barriers for ordinary investors, while reducing the loss of revenue caused by information asymmetry.

Advantages of Golff Vault:

  1. Eliminates the complicated contract operations of liquidity mining. Help users to save gas fees. As long as you deposite to the Gollf Vault smart contract as a proxy with one-click deposit/withdraw, you can get the best profit in the market.
  2. In the early stage, it was developed by more than 10 full-time contract engineers from the core team, and each contract was code audited by at least two world-renowned security companies to ensure the security of the contract. At the same time, the Golff community engineer team is gradually being formed. We welcome all outstanding developers to join Golff’s contract development and audit. In the future, Golff’s insurance products will also support the contracting of strategies in Golff Vault to reduce risk losses.
  3. More than 20 strategy analysts in the community collect market information, find high-yield strategies at first time, and submit them to the contract team for development.
  4. Golff Vault is a smart contract governed by Golff DAO. The funds are decentralized and managed by the contract, and there is no need to trust a third party.

Special Product Features of Golff Vault:

  1. Linear release of capital weight: To prevent big account users from diluting other people’s income by quickly depositing and withdrawing funds, all income will be evenly released in 24 hours after deposit. So users can only receive revenue in next day. Note: The 24-hour countdown will restart every time you deposit funds. For example, if a user receives 6 hours after depositing, he can only receive 1/4 of the current income.
    2. Automatic rebalancing of revenue strategy: According to current market conditions, the Golff Vault will automatically switch strategies. For a certain token, users do not need to withdraw it and deposite to a new pool to get the highest profit. The only pool for each token is the Vault with the highest profit on the current market.
    3. Harvest trigger incentive system: Any user can use the Harvest function to harvest grain. The harvester can get 1% of the GOF reward in the pool, and the harvesting cost 0.05eth. Frequent invocation of Harvest can help reduce the slippage and increase the overall income. Frequent calls help reduce slippage during harvesting and increase users’ overall income. Pay attention to the profit before proceeding, otherwise the profit is not enough to cover the handling fee. At the same time, be careful of the transaction of this address, and see if anyone else is also calling. Only the first person who successfully called can get the maximum Harvest income.

Support Token：

The tokens that have been launched in the first phase of Golff Vault include:
DAI, yCRV, WETH, LINK
More tokens and financial contract teams are constantly collecting and developing, so stay tuned!

Golff Vault usage process:

  1. Open the official website https://app.golff.finance/vault, prepare a wallet and sufficient tokens, and prepare some ETH as a contract fee.
  2. Select the currency to participate in the pledge (a picture is missing here).
  3. Authorize the wallet first in the column on the left (a picture is missing here)

Then enter the quantity and click “deposit” (you can also click “deposit all”) to start Gollf Vault mining and get the best profit in the current market

  1. You need to wait for 24 hours to receive the income, and then you can withdraw all the interest without loss. Enter the amount and click “Withdraw” on the right or click “Withdraw all”. (If the user receives it after 6 hours of recharging, he can only receive 1/4 of the current income. Note: the calculation will restart for 24 hours after each recharge)

Or click to receive GOF income to receive interest, and the principal will continue to participate in Gollf Vault mining.

  1. Harvest : All usesr can use the Harvest function to collect all the revenue generated in the Vault pool from the target project, and automatically convert it into GOF through DEX. Enter the reserve pool, and trigger the “collection across the network”, harvester can get the 1% GOF of the pool reward, which is used as a fee subsidy.

Vault V1 revenue distribution

The income of various cryptocurrencies generated in the Golff Vault pool will be fully converted into GOF in DEX, 95% will be allocated to fund investors, 1% will be risk reserves, 1% harvest, and 3% will be used for repurchase in the secondary market GOF and enter the Vault fund pool (the use will be decided by the community after voting). The risk reserve is used to make up for the losses caused to Vault investors due to unforeseen risks. The repurchase in the secondary market will be carried out in the DEX, and the DEX that is mainly used for the repurchase operation will be announced before the repurchase.
The whole process of revenue generation and distribution is realized on the chain through smart contracts, which is completely open and transparent, and accepts the supervision of the entire community. In the future, the main parameters in the income distribution can be changed through the voting governance of the community.