How to Use cVault Finance and earn Core Token
Welcome to this video posted by King of Fomo, in this video you will learn about cVault.finance and how you can earn Core Token by yield farming.
What is Core Finance?
Basically, it is a farming token, with a few twists. Most farming platforms are a copy and paste with minor changes of an existing platform such as Uniswap. Core Finance which is already over 10 million in total liquidity is still considered a low cap coin. The total supply of Core Token is just 10,000.
When you are farming Core Tokens you cannot remove your staked coins. This is unique as most other farms being yielded are ones where you can unstake your liquidity (Core-ETH pair for example).
CoreVault is the first high yield farmable deflationary DeFi token. With most liquidity farming pools the farmers are farming, they have to mint constantly new coins to generate returns. This causes the coin to become less valuable and they have too much sell pressure to keep the value from dropping.
The solution by Core Finance is called deflationary farming, it requires to very simple steps:
- Charge fees on transferring tokens
- Users can earn fees through farming
From this; token holders are able to farm without infinite inflation.
How to buy Core Token
Go to https://cvault.finance/ and click on 'Wallet' then in the Core area click on 'Get'
This will bring you to Uniswap where you can swap to receive Core tokens.
Once you have your Core tokens you will need to create the liquidity pair with Eth coins and 'supply' them to the pool.
Playing Minesweeper on cVault.finance
You may notice that the cVault finance website looks like an early version of windows operating system. You can click the start button in the bottom left and a menu will pop up with the option to play Minesweeper - the unforgiving classic desktop game that ends when you click a mine.