Coming Soon: Pet Pools, Pet Farming & Pet Vault! Are You Ready?
10 December 2021 — With the successful launch of our $PETS token several weeks ago, the team at PolkaPet World is excited to announce the upcoming launch of our PolkaPet DApp!
In collaboration with Solarbeam on the Moonriver network, the PolkaPet DApp will offer pet pools, pet farms and a pet vault with varying vesting rules and periods. Below you will find a look at each of the three products and some of the rewards that they offer.
The first offering from the PolkaPet DApp is our Pet Pools, featuring the chance to stake tokens to receive exclusive NFTs. Users will stake $PETS, or the token of our participating partner, for a specified period of time which will then unlock the opportunity to win a unique NFT (such as a ProtoPet). These NFTs will often offer utilities on partner platforms and in most cases, PolkaPet World.
Our first collaboration is one you don’t want to miss, so be sure to stay tuned for more details!
Next up are our Pet Farms, creating various ways to earn $PETS tokens by staking select liquidity pairings. The farms will have no required staking period and no fees to participate. Soon we will announce more information about the first Pet Farm pairings and details about when and how to join!
The final offering from the PolkaPet DApp is the Pet Vaults, where you can stake $PETS tokens to earn even more $PETS. The initial vault will have no lockup period and participants will earn a varying APR/x $PETS tokens. The vault(s) will be a great short term option to earn more $PETS and the ability to stake one token, $PETS, instead of a pair like in our farms.
The PolkaPet DApp will be the next exciting step for the PolkaPet World community as well as our partners and a great opportunity to earn some fantastic rewards!
About PolkaPet World
PolkaPet World is an NFT project created by Bondly in partnership with some of the biggest names in the Polkadot ecosystem. Each PolkaPet is embodied as an artistic creature that represents a specific Polkadot project.
All PolkaPets hold unique project-specific utility to reward community members for holding their PolkaPet NFTs in their wallets. The utility can be a discount on fees, an airdrop of tokens to PolkaPet cardholders, or various other properties.
The $PETS token is the utility token used to engage with PolkaPet World products and services, as well as allowing governance rights and access to exclusive sales.
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