Blog

A TokensFarm Staking Farm for Opulous’ OVAULT Token is now live

tl;dr

  • TokensFarm has launched staking farms for OVAULT token holders on Arbitrum.

  • OVAULT stakers can earn high APR rewards in the form of OPUL tokens.

  • The staking farm has a duration of 60 days.

  • 100,000 OPUL tokens will be distributed among participants over the staking period.

  • OVAULT is a liquid staking pool that taps into the music industry, providing consistent rewards from music deals.

OVAULT Staking Farm Launched by TokensFarm

A staking farm for OVAULT token holders has been launched by TokensFarm! Starting from September 9th, 2024, OVAULT token holders on the Arbitrum network can now stake their tokens and earn high APR rewards in the form of OPUL tokens. This farm is accessible both via the TokensFarm app and directly on Opulous.

The farm has a duration of 60 days, giving stakers ample time to maximize their returns. Over this period, a total of 100,000 OPUL tokens will be distributed among those who stake their tokens, creating an attractive incentive for early participants.

OVAULT is a liquid staking pool designed to tap into the lucrative music industry. By participating in OVAULT, you become part of a collection of music deals, earning consistent rewards from the USDC used to acquire music catalogs and provide advances to musicians. These deals generate revenue, which is then reinvested into the pool, boosting its value. OVAULT tokens function similarly to LP tokens, offering stakers a share in the pool’s profits.

OVAULT is an integral part of Opulous, a groundbreaking blockchain-based platform that democratizes music financing by tokenizing music assets. Opulous further enhances this ecosystem with AI-driven tools for predicting music royalties and Music Fungible Tokens (MFTs), allowing users to support artists and share in the rewards from streaming services.

Join the TokensFarm community for updates:

TokensFarm | Twitter | Telegram | Documentation | Medium