Vibe Out

Earn with Vaporwave Finance

Vibe Out is the place where users can earn additional yield on Vaporwave Finance

Our core feature is the ability to earn Ethereum by depositing Vaporwave Token (VWAVE).

In the future, we hope to offer additional ways to earn yield.

External protocols may also choose to offer additional rewards here, allowing users who stake their LP to be further incentivized to do so.

How Does It Work?

Each respective pool rewards users with a reward token.

Users deposit the corresponding token, either VWAVE or a vault receipt token (vapor token).

For example, is a vault is 'boosted', it will be linked to corresponding reward pool on the Vibe Out page.

Is it safe?

Yes. Users can withdraw anytime. There are no fees.

Can I enter multiple Vibe Out pools?

Just deposit the required tokens in one or multiple of our boosted vaults, one by one, and then deposit your vaporTokens (vault receipts) in the accompanied partner vaults. Repeat this step for every boosted partner vault you want to be a part of.

How do I see what tokens I am earning in the Vibe Out pool?

Just click on the pool and see. It will show any earned tokens, what the token you are earning is, and more information.

How long does each pool last?

Our ETH pool is always open, so long as the protocol is generating revenue. Other pools will have a timer that is displayed on the pool and shown on the screen.

Do I have to manually unstake?

Yes. You need to manually unstake. And if you are staking vault reciept (vapor) tokens, you will not be able to withdraw from the vault until you unstake from the Vibe Out pools.

What is a Vault token, AKA Vapor token?

A vapor token can be seen as a receipt that you get when depositing into any Vaporwave vault. Not to be confused with $VWAVE, our platform token, or veVWAVE, our voting governance token. This is a fully automatic process. For example, you receive ‘veVWAVE’ tokens from depositing $VWAVE into the Vaporwave Maxi vault. These vaporTokens do not 1:1 represent the token amount initially deposited but it does represent the value of your share in the vault. As a vault generates profit, the amount of vapor token in your wallet remain constant while the underlying invested token amount in the vault increases. Whenever you want to withdraw the tokens that are staked for you in the vault, you need your receipt (vapor token) which you hand in to redeem the deposited tokens + yield. Vaporwave Finance users should hold on tightly to the vaporTokens i.e. deposit receipts. Do not sell or exchange them to strangers or you will lose ownership of your staked assets in the vault.