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Sakai Vault Announcements

DECENTALIZED PERPETUAL EXCHANGE THE NEXT GENERATION OF DEFI

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πŸš€Sakai-Peg USD (sUSD) and PAXE are the new farming pair in Sakai Vault Liquidity Farming!πŸš€ sUSD can be utilized directly in the V1 Staking Pool, offering users faster daily rewards and better liquidity through farming pair with strategic partner - PAXE: High APR: Liquidity farming offers higher returns APR 127.75% allowing our users to earn substantial interest on their staked assets. Gain benefit from our partner: By farming sUSD/PAXE, users can gain potentially benefiting from PAXE price and ecosystem. Reduced Impermanent Loss: sUSD/PAXE help mitigate the risk of impermanent loss compared to volatile token pairs. Boosting Ecosystem Growth: Participating in new farming pairs often contributes to the ecosystem's overall liquidity, supporting the SAKAI's growth and sustainability. This marks a new chapter for Sakai Vault, providing a seamless experience for all.
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πŸ“’ Important Update Regarding V1 Staking Pool Rewards As part of the upcoming changes in the Sakai Vault ecosystem, we will be disabling the following commission rewards for V1: - Sponsor Level Daily Income - Same Level Reward - Ranking Reward IMPORTANT NOTE: The daily interest rewards for the unfinished staking period in V1 will remain active 🟒 until the period ends. This means that users who have invested in the ongoing staking period will continue to receive interest as usual until the end of that period. - Any interest amounts claimed in USDT will be converted into the corresponding sUSD and can be claimed to your wallet. Thank you for your understanding and continued support as we transition to enhance the ecosystem!
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Sakai-Peg USD (sUSD) is now available at V1 staking pool 🌐🌟 As approved by the Sakai DAO, the introduction the Sakai-Peg USD (sUSD) token concept is proposed as a transformative step forward for the Sakai Vault ecosystem. Applying this game-changing aspect can significantly accelerate the platform's growth by 3-5 years, potentially paving the way for a stronger, more adaptive, and future-proof Sakai Vault. Starting now, sUSD can be utilized directly in the V1 Staking Pool, offering users faster daily rewards and better liquidity through farming pair with strategic partner - PAXE. This marks a new chapter for Sakai Vault, providing a seamless experience for all. 🟒 sUSD Available Claim Time: 21:00 UTC 15th September Sakai-Peg USD Symbol: sUSD Contract: 0x5E4FAF13A3D66E741F1e9B8743B8d26F6AFe9CE7 πŸ“šHow It Works: Step 1️⃣: Users that have claimable balance in V1 Staking Pool will be able to claim the equivalent amount of sUSD to their wallet. E.g. If a user’s claimable balance is $24,000, they will receive 24,000 sUSD into their wallet. Step 2️⃣: Users can then pair their sUSD with PAXE tokens to join the Farming pool. Step 3️⃣: Once the user farms with their sUSD and PAXE tokens, all farmed sUSD tokens will be burned. πŸ”‘ Total Investment Example: If the user pairs 24,000 sUSD with 24,000 PAXE tokens, they will be farming with a total investment of $48,000. If the user prefers to pair less than the full amount, they can do so. For instance, pairing 10,000 sUSD with 10,000 PAXE will still allow them to farm, and the remaining 14,000 sUSD will stay in their wallet, unused until they decide to farm with it later. 🌟Prepare your V1 wallet and experience the benefits of sUSD firsthand: https://appv1.sakaivault.io/earn #SakaiVault #sUSD #V1Staking #GameChanger #DAOProposal
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πŸš€ SAKAI VAULT AMA Announcement‼️ πŸ—“ 15th September 2024, 3:00 PM UTC πŸ’¬Topic: A Bold Leap Forward: Revolutionizing Sakai Vault for a Decentralized Future πŸ“Œ Venue: t.me/SakaiVault #SAKAIVAULT #SAKAI #AMA #STAKING #APR146% #LIQUIDITYFARMING #BSC
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πŸ“’ V1 Staking Pool Server Update Announcement πŸ“’ Dear Sakai Vault Community, Please be informed that the V1 Staking Pool will undergo server maintenance for the integration of the new Sakai-Peg USD (sUSD) token. ⏰ The maintenance is scheduled for 19:00 - 21:00 UTC 15th September. During this time, the V1 Staking Pool will be temporarily unavailable. At 21:00 UTC 15/9, the update will be completed and V1 users can start claiming sUSD to their wallet. We appreciate your understanding and will keep you posted. Sakai Vault Team.
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πŸ”ˆ Important Announcement: DAO Proposal ID#6 Approved & Under Execution βš–οΈ We are excited to confirm that Sakai Vault DAO communities has officially approved the proposal: "A Bold Leap Forward: Revolutionizing SAKAI VAULT for a Decentralized Future." πŸ’‘Proposal Details: link The community consent on this proposal marks a transformative step in strengthening the Sakai Vault ecosystem and embracing a more decentralized vision with Sakai-Peg USD (sUSD) token concept. πŸ—“ Execution Timeline: scheduled to begin at 21:00 UTC on 15th September for all V1 stakers. We’d love to invite all Sakai DAO stakers to actively contribute to this important initiative by sharing your opinions and proposals on DAO. Our aim is to gather valuable insights, fine-tune the proposal, and implement a comprehensive solution that benefits the entire community. Your participation is crucial in shaping the future of Sakai Vault! πŸŒπŸš€πŸš€ #SakaiVault #DAO #DecentralizedFuture #Revolution
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βš–οΈSubmit Your Proposal and Shape the Future of Our DAO! βš–οΈ We’re excited to invite all community members to contribute directly to the growth and direction of SAKAI VAULT. If you have innovative ideas, projects, or improvements in mind, now is your chance to make them a reality! Make an Impact: Your idea could be the next big initiative that drives Sakai Vault forward. Decentralized Power: Every member's voice matters. This is your opportunity to influence decisions. Collaborative Growth: Proposals help strengthen our community and build value together. πŸ‘‹Head to our proposal submission page https://app.sakaivault.io/governance and follow the guidelines. Let’s continue to grow, innovate, and thrive as a community. We look forward to seeing your amazing ideas! #SakaiDAO #DAOProposals #DecentralizedInnovation #CommunityPower
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πŸš€ SAKAI VAULT AMA RECAP βš–οΈ 1. SakaiDAO Governance Launch The SakaiDAO governance system is now live. We would like to welcome the community to join and participate in voting on existing proposals and suggest new proposals along with it. Voting is aimed to help the community to deliver their thoughts into our project. 2. New Function in Liquidity Farming A simplified farming process has been introduced. Users can now enter a USDT amount, and the contract will automatically swap for SAKAI and PAXE tokens at a 1:1 rate, allowing them to farm without buying the tokens separately. This will enhance the ease of use on the platform and users only need USDT in their wallet to start farming. 3. More monthly support for V2 The DAO treasury allocates 36,000 tokens per month to V2 staking pool. Starting from this month, the team is adding 14,000 more tokens from our fund, bringing the total to 50,000 tokens in support. The pool will continue to receive support until the claim function resumes. 4. PAXE Event in Singapore. Our partner PAXE will be attending the Fiesta Web 3, a side event of Token 2049. It hosted by some of the big names in the space. The event will occur on Singapore and we urge all of those who can participate to book your seats. More info is available on the PAXE announcement page. Get ready for the PAXE Singapore Blockchain Night 2024. This is a great opportunity for community engagement and networking. πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€
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βš–οΈDAO Proposal Approved: Officially Decrease Minimum DAO Staking Requirement To 1000 TokensπŸ‘‹ Thanks to the active voting process of Sakai DAO communities, the proposal to Decrease the Minimum Staking Requirement to Join Sakai DAO from 2000 SAKAI to 1000 SAKAI has been officially approved πŸŽ‰ πŸ”‘ Execution Time: New DAO staking requirement (1000 SAKAI) will take effect starting from 7:00 AM UTC, 10th September 2024. By lowering the entry threshold, this change opens the door for more users to participate in Sakai DAO, giving more of our community members a chance to have a voice and influence decisions in our ecosystem. Thank you & let's aim to foster greater engagement and decentralized governance. #SakaiDAO #Governance #ProposalApproved
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πŸš€ Introducing Quick Purchase Feature for SAKAI x PAXE Farming! This exciting new feature is designed to simplify the process for newcomers and experienced farmers alike! πŸŒΎπŸ’Ž Try a seamless way to acquire the tokens you need to start farming, without any hassle. Now, with just USDT in your wallet, you can get started in just a few simple steps: πŸ’‘ How it Works: 1️⃣When you access the farming portal, a pop-up box will appear with the message: "Need tokens to join SAKAI X PAXE Farming? Buy Now!" 2️⃣ Simply click on the "Buy Now" button. 3️⃣ Enter the amount of USDT you wish to invest into farming. 4️⃣ Our smart contract will automatically connect to PancakeSwap and buy 50% SAKAI and 50% PAXE for you! 5️⃣ After that, all you need to do is complete the deposit process and start earning rewards! This feature greatly allows users to skip the manual steps of purchasing and splitting tokens. Whether you're new to Liquidity Farming or an experienced participant, we've made the process faster and more efficient 🌟 Start farming now and enjoy the convenience of our Quick Purchase feature! #FarmingMadeEasy #QuickPurchaseFeature
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