Emblem Vault (COVAL) DeFi Rating, Reviews and Details

To be announced

Token Details

Ticker

COVAL

Total supply

1,784,838,484

Additional Details

About Emblem Vault

$COVAL as Discount

Emblem Vaults rely on FUEL as it's fee token. $COVAL is used when purchasing FUEL to provide a discount.

$COVAL as Rewards

Applications accepting $COVAL as payment will reward a portion back to liquidity providers.

FUEL purchased from market

When FUEL is purchased using ETH on UniSwap it will go through the $COVAL pool.

Features

Circular Economics

ETH earnings will market buy $COVAL. Half of $COVAL purchased will be burnt, half will be distributed as rewards.

Passive Income

$FUEL liquidity will be provided by anyone wishing to sell fuel. Liquidity providers will earn ETH and $COVAL with every sale of Fuel.

Multiple payment options

Vaults can be purchased with $COVAL, ETH or $FUEL. ETH used to purchase vaults will be routed through Uniswap to market buy Coval. $COVAL used to purchase vaults will be burnt or used as rewards. $FUEL is the discounted way to purchase vaults.

$COVAL and $FUEL as First Class Citizens

$FUEL and $COVAL have a close relationship. Discounting vault purchases encourages the use of $FUEL Every $FUEL purchase will burn and distribute $COVAL (raising it’s value)