Baklava Space on FunctionX - F(x)Core Delegate Vault & FX-Swap Yield Farming Vault

Is there a turtotal on YouTube of Discord of telegram

Hi JohnB

I delegated some fx to the vault. The APY shows 16.81%. Can you explain me Reward fees : 5% of the yield further please. An example would be nice. Thanks!

The 5% fee will be charged from the total rewards received from the FX delegation.

For example: Total yield from the FX delegation (auto-compounded) is 5000 FX. 5% (250 FX) rewards fee will be charged (in Baklava’s treasury contract).

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Nice, congratulations team Baklava!

Questions

  1. the vault is at 90+%, any chance of increasing the cap?
  2. when security audit?

@11110 :grimacing::joy: pls make Some on YouTube :100::+1:

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Thank you zac!

We can increase the cap gradually, our team did not expect the vault to be filled up so fast! Our suggestion is to increase to 1 million FX.

For the security audit, we are currently in discussion with the auditor. Let’s see the result of this beta version, and we will submit the code to the auditor after that.

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It is a good suggestion.

Is it possible to include baklava’s tutorial to FXDM? @indra @BlueStitch It will be great if FX community can create tutorial about the vault.

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Yes, it’s possible! Community can create videos related to Baklava, as long as they point out the relation with Function X. E.g Tutorials on how to use the FX Vault like you mentioned are welcomed!

Now it’s clear for me, thanks.
If we delegate fx to the validators we receive every few seceonds little amount of fx. How often does the auto-compund work? once a day?

In the Wallet :thinking: do I have to Undelegate are redelegate

You can redelegate directly to https://baklava.space/vaults/fxdelegate/, we have the button on frontend.

For auto compound, in the current version, the autocompound will be done daily (automatically).

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Thank you.

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Update (08/25/2023):

We have reached 100% of the vault capacity and decided to increase it from 100,000 FX to 1,000,000 FX.

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Congratulation John, i am looking forward for Baklava to built more vaults on FunctionX to boost both chain and project’s TVL.

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@JohnB, is it possible to see how many addresses are participating in the Fx vault?

Yes, you can check it from the $stFX holders.

https://starscan.io/evm/token/0x5c24B402b4b4550CF94227813f3547B94774c1CB/token-transfers

Great job on the FX Vault!

Can’t wait for the auto-compound FXSwap Vault to come.

  • FX/USDT
  • FX/WETH
  • PUNDIX/FX
  • BAVA/FX
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Thank you for the support!

We have increased our vault size to 1 million $FX and it looks like it will reach 100% soon.

Here is some good news from us!
We are planning to increase the vault size to 5 million $FX and start adding $BAVA rewards to the $FX delegation vault.

Keith will provide more information on the Twitter Spaces on August 31. We’ll see you all there!

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Hi everyone! Make sure to join our upcoming X Spaces together with Baklava, head over to this topic to ask your questions :point_down:

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