⚙️VAULT 181
$TOOL Staking
Vault 181 is a staking platform used to lock up your earned or bought $TOOL to earn additional $TOOL. The more $TOOL staked to Vault 181 the more the APR % depletes. Vault 181 can be accessed via the Toolhead staking website next to the 'Vault Explorer' tab.
The 10% diamond hand bonus has been replaced with a 5% boost on staking APR% in Vault 181. $TOOL can be staked multiple times but each time a new transaction is processed there is a 30 day minimum lockup for that specific amount of $TOOL. The first time you send $TOOL to Vault 181 it will cost you 2 $ADA. After that, additional transfers will just be a network fee. Your $TOOL must be withdrawn to stake it. No loaned $TOOL is able to be staked, it must be in your wallet and not tied to any other smart contracts.
At the time of this update, these are the current stats related to Vault 181.
For reference. The 181 contract address is below.
DO NOT SEND $TOOL DIRECTLY TO IT OR YOU WILL LOSE IT FOR GOOD.
https://pool.pm/addr1wxcwhhtgh5q08f3nc5yhlcpy845lkfat4ntld9vma33uf3q4fagjy
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