Hey All,
Lets start with what is #REBUS all about. Rebuschain is trying to bridge #TradFi to #DeFi. I got attached to the project because of the Rebus token Airdrop. I had been staking the #REBUS token for a long time and when the VERTO Dex was launched, I decided to move the tokens to the dex to farm #VERTO token. Here is a bit of information on the VERTO Tokenomics
The VERTO token powers the VertoTrade ecosystem and can be minted via the Farms and Pools, or you can also buy it on the Verto Dex Here. At the same time #VERTO token has a hard cap of 600 Million tokens of which ~54% will be burned so there will be only ~276 Million VERTO after the first year and 12 years of emission.
I have been receiving #REBUS token on a daily basis as I have close to 1K REBUS tokens staked. These 285+ REBUS tokens were lying ideal in my wallet so I decided to wrap them for WREBUS and then staked them in the pool to earn #VERTO token. Here is my current WREBUS staked position where I have close to 6K+ WREBUS already staked.
At the moment you can further stake #VERTO token to mint other tokens like #AUREUS, #LUDUS and #TECHNE these tokens are also associated to the VERTO platform. But I am not going that further and am being restricted to WREBUS and VERTO tokens. Here I am redirecting all the REBUS to stake into the WREBUS staking pool.
With this addition this bring my total WREBUS stake to 6.3K tokens and all of them staked. The APR is above 26% and currently there are 60+ Million WREBUS staked in the farming pool. The price of #REBUS token is not that great as well, where it is trading for less than a cent. Therefore it makes no sense to sell at these low levels. You can easily move the $REBUS token to Osmosis App and trade there for any stable coin.
As noted earlier, you can see my 1K+ REBUS tokens staked with #INUK validator. When I have decent rewards to be collected, I collect them and redirected them to the WREBUS staked pool. So for now I am going to stick to the plan of accumulating and farming #VERTO and #REBUS tokens for now..no selling.. The plan ahead is to continue to BUILD & HOLD the #REBUS tokens and keep on increasing the stake in the farming pool of #WREBUS here on the VERTO Dex.. cheers
Did you hear about REBUS blockchain and VERTO Dex? If Yes - what are you doing with your $REBUS tokens at the moment? Let me know in the comment section below...
Best Regards
Image Courtesy:: verto dex. verto trade, coingeckgo
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..
