BSC Golff Vault Manuel

What is BSC Golff Vault

BSC Golff Vault is an intelligent revenue aggregator (Earn Collection) based on Binance Smart Chain, which is a DeFi protocol based on automatic configuration of optimal revenue strategy. It can provide investors with one-click access to the optimal returns on the BSC chain, thereby greatly reducing the entry threshold for ordinary investors, while reducing the loss of income caused by information asymmetry.

Advantageses of BSC Golff Vault

1. Eliminates the complicated contract operation of liquidity mining. The BSC version of Golff Vault can help users save more contract operation fees. Users only need to recharge assets to the Gollf Vault BSC version of the smart contract as a proxy, one-click recharge/withdrawal, Can get the best profit in the market;
2. In the early stage, it was developed by more than 10 full-time contract engineers of the core team, and each contract was code audited by a world-renowned security company to ensure the security of the contract to the greatest extent. At the same time, Golff’s 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 the BSC Golff Vault to further reduce possible risk losses;
3. More than 20 strategy analysts in the community collect market information, discover high-yield strategies at the first time, and submit them to the contract team for development. Compared with the original Golff Vault V2, the strategies supported by the BSC version of Vault will be more abundant and the most Find the latest and highest quality strategies for users quickly;
4. BSC 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;
5. Automatic rebalancing of revenue strategy: According to the current market conditions, some machine gun pools of BSC Golff Vault will automatically switch strategies. For a certain currency, users do not need to withdraw the currency and recharge to the new pool to get the highest profit in the current market.
6. The latest version of BSC Golff Vault will support the automatic re-investment function, which helps users maximize their funds without additional operations.

How to use Golff Vault

1. Open the official website to prepare a wallet and sufficient tokens. You need to prepare some BNB as a contract fee. (Need to switch Metamask/mobile wallet to BSC network, switch tutorial)
2. Select the token to participate in the stake. Currently, it supports:

Single token：GOF、MDX、CAKE、USDT、BNB、BTC、BUSD、ETH、USDC
MDEX LP：BTCB-USDT、ETH-USDT、BUSD-USDT、WBNB-BUSD
Pancake LP：CAKE-BNB、BUSD-BNB、ETH-BNB、BTCB-BNB、USDT-BUSD、USDT-BNB、USDC-BUSD

1. Authorize the wallet of the token before depositing

Then enter the quantity and click “Deposit” to start Gollf Vault mining and get the best profit in the current market.

1. After the deposit is successful, the corresponding number of G-Tokens will be received in the wallet on the chain. You can check the G-Token balance on the BSC browser, or add the corresponding currency contract address in the wallet to view. Each G-Token represents The share of funds that you can receive in the Vault pool. At the same time, G-Token can be deposited in the mining pool to obtain additional GOF mining revenue.

2. Enter the amount and click “Withdraw” to receive the number of tokens that can be exchanged for the corresponding G-Token in the Vault pool. If the funds are in the mining pool, you need to first remove the G-Token from the mining pool, and the page will display The number of G-Tokens in mining. (Part of the machine gun pool strategy deposits and withdrawals require a handling fee. The actual amount is based on the amount on the chain. The Golff platform does not charge an additional handling fee during the deposit and withdrawal operations. Please refer to the page prompt for the specific fee)

Revenue Distribution:

The revenue of various cryptocurrencies generated in the BSC Golff Vault pool will be automatically put into the Vault fund pool, of which 91%～100% of the income will be distributed to fund investors, and the remaining 0%～9% will be used to buy back GOF in the secondary market. Among them, 45% of the repurchase part is the community development fund, 33% is burned, 11% is the risk reserve, and 11% is the harvest contract call handling fee. 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 mainly conducts 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 are completely open and transparent and acceapt the supervision of the entire community. In the future, the main parameters of the income distribution can be changed through the voting governance of the community.