❓FAQ

Read the whole AMA session on MATIC.NEWS

• https://t.me/polygonnews/390896 (Linked to Telegram)

• You can read the full AMA session on Telegram channel.

When is the PowerVault Launchpad? (ended)

• The PowerVault Launchpad will take place on Tuesday, November 1st 2022 at 11AM UTC, and will last 12 hours, ending at 11 PM UTC.

When is the official launch of PowerVault and $POWV pools?

• PowerVault will be ready for users after 6 hours of exiting Launchpad! (November 2nd 2022 at 5 AM UTC)

• POWV-UNIW will be added as we launch and POWV-USDC pair will also be added at the same day. (About 12 hours later)

Is PowerVault a farm?

• PowerVault is not a farm. PowerVault is a auto-compounding vault for UniWswap's LPs at first. We will expand to other DEXs & LP pools through partnerships in the near future.

What is ThunderPot?

• ThunderPot is a unique feature of PowerVault that collects auto-compounding fees in USDC. ThunderPot also collects tokens of PowerVault's partners to help you maximize your profits. Users of PowerVault can claim ThunderPot rewards by depositing $POWV with a lock-up period.

How can I get $POWV token?

• The initial supply of $POWV tokens will be done by the launchpad on UniWswap's UniWpad. After the launchpad, you can get $POWV from DEXs like UniWswap.

When and how can I claim $POWV?

• You can claim $POWV as soon as the launchpad ends. You can claim $POWV at the launchpad page on UniWswap.

Is there a lock-up period?

• Yes. Both vaults and ThunderPot have lock-up periods.

• Vaults.

  • Default lock-up period applied to assets deposited in PowerVault is 1 week (7 days). Users can reduce the LP lock-up period via UNIWPunks NFT into 3 days.

• ThunderPot.

  • The lock-up period of $POWV can be 1-12 months, and the multiplier increases with the length of the lock-up period.

Is there any deposit fee as the same as UniWswap?

• It is up to UniWswap's decision but we've been told that we could get some private pools without deposit fee. Those pools are only accessible through our vaults.

Is the APY shown correct?

• Calculations can vary depending on how often they are re-deposited and compounded. Note that the APY currently shown is not accurate because it is prior to official launch!

Does PowerVault have the same LP pairs as UniWswap?

• Yes, since PowerVault is starting as a vault linked to Uniwswap.

Can I use UniWPUNK NFT?

• Yes, using UniWPUNK NFT reduce lock period on the vault. (default 7 days to 3 days)

What tokens can I get as a reward through PowerVault?

• Staking LP tokens through vaults will increase the LP amount.

• By depositing $POWV in ThunderPot, you can receive USDC and the tokens partnered with PowerVault . You can get all rewards by $POWV in an easy way.

Is there any way to apply UniWPUNK NFT for LP staked without NFT?

• It is possible, but you should add additional LP again even if it is 0.000000001 to get it updated.

I have already deposited $POWV tokens in ThunderPot. What happens if I add more afterwards?

• Every lock-up period on PowerVault is determined by the latest deposit. Be aware that your locked $POWV tokens in ThunderPot and LP tokens can be withdrawn after lock-up periods.