Defily Finance deploys Smart Vaults for NAMI Token with APY interest up to 1,777%

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Defily Finance deploys Smart Vaults for NAMI Token with APY interest up to 1,777%

15/08/2021

Dear Nami Community,

In order to provide Nami users and community a new option of financial products when holding NAMI, Nami Exchange continues to cooperate with Defily Finance, deploying Smart Vaults for NAMI Token from 19:00 (UTC +7) on 15.08.2021. Specific information is as follows:

With Smart Vaults pool NAMI Token on Defily, users holding NAMI can join this Vaults to get profit in DFL with initial APY interest up to 1,777%.

Every 5 minutes, this profit will be used by the system to sell DFL and buy NAMI and contribute to Vaults automatically.

What is Defily Vaults?

Defily Vaults is a product of Defily.io, helping investors maximize their income with decentralized financial products. With the convenient mechanism of Vaults NAMI Token, DFL profits will be automatically allocated by Defily to buy tokens and contribute back to Vaults. Specifically, for every 5 minutes, Vaults will:

Auto-harvest rewards with DFL
Charge 1.5% buyback fee on harvest rewards to buyback DFL and burn
Auto-compound back into Vaults
Vaults withdrawal fee is 0.09%, distributed in reverse to all investors participating in Vaults

Smart Vaults NAMI Token, earn DFL

Information about Vaults NAMI-KAI LP Token:

Token Vaults: NAMI Token

Initial APY: 1,777%, adjust in real-time

About Defily Finance

Defily is the first ever cross-chain Decentralized Finance project on KardiaChain, which will soon bridge to Ethereum, Binance Smart Chain, Harmony, Avalanche and Tomochain. (DFL) is the governance token of the platform. Defily focuses on bringing DeFi to everyone in a fun and an easy to understand way.