Presenting Vineyard

Vineyard
3 min readMar 12, 2021

Vineyard is a protocol that provides token holders with an inflation-less method of earning rewards for placing their tokens in the GRAPE Cellar.

Vineyard creates an ever-increasing price floor, thus increasing Vineyard’s price over time. Vineyard also is the backbone of a much larger ecosystem, with each project providing a unique contribution to the Binance Smart Chain(BSC).

📈 Price Floor (How Does it Work?)

Our team is introducing the concept of unwrapping wrapped WINE 🍷 FLIP liquidity tokens. A fee will be taken from the token that is unwrapped; this fee will be permanently locked creating an ever-increasing price floor. Due to this increasing price floor, Vineyard’s price will consistently increase over time.

🚜 Farming (How Does It Work?)

GRAPE🍇 token holders, or WINE-WBNB FLIP liquidity providers, may provide tokens to the GRAPE Cellar, in a process known as farming or staking.

Fair launch

Vineyard will conduct a fair launch based on (cap per address).

  1. These farmers and stakers will be rewarded for locking-up their tokens.
  2. The tokens will not be permanently locked, but will be earning rewards for every second that the tokens are locked in the GRAPE Cellar.

The protocol does not need to mint new tokens to reward farmers; the protocol is designed to provide a non-inflationary, sustainable and safe method of generating yield through taxing a portion of each trade and providing it to those currently farming.

Fair Staking

Vineyard also guarantees fair staking, which will prevent tokens from being traded during a specified hour (TBA), to allow holders to stake their liquidity token. Wrapping of LP provides access to a higher yield, while unwrapping suffers penalties that will protect liquidity — 10 % at launch.

🌊 What Makes Vineyard Great?

The Protocol Itself! By adopting all of CORE’S values that makes it a successful DeFi project, and improving upon parts of the protocol.

Vineyard is looking to build upon an already functional and successful product.

BSC, Here We Come!

Simply put, by porting to Binance Smart Chain, Vineyard is already improving upon the mechanics of CORE and will be the First team to move the cVault Finance teams’ revolutionary protocol to the Binance Smart Chain.

This is only the start to the improvements we are implementing to the protocol; Unlike CORE, with GRAPES🍇 tokens you will be able to unwrap liquidity after a set time! NO LONGER will you be worried about having permanently wrapped liquidity tokens.

VIP Pools

There will be VIP pools, where you must stake a certain amount of GRAPES🍇token to participate in farming of these tokens

These VIP Pools will stake the native token and receive specified external tokens through a small APY farm, but will also be able to unlock exclusive pools with high earning APY that are unruggable by design.

🤝 Who is behind Vineyard?

We are a team of successful mobile developers, web-developers, software engineers, traders, and mathematicians, who have been in the crypto-space since 2015.

We are forming a brand around Vineyard, with plans to continue developing fairly launched, safe and profitable projects that contribute to the Vineyard ecosystem. The majority of our team wishes to remain anonymous due to not owning their own intellectual property rights. This means that their respective companies would own any code they are to write.

🔮Future of Vineyard

Similarly to cVault finance, we are building a series of automated strategy GRAPES Cellars, which will execute second layer profit generating strategies.

For our first Cellar, we will interact with PancakeSwap, with a community governance to guide the team towards integrating more projects.

Our primary focus is and will always be Vineyard; we will be developing fairly launched products that will contribute to Vineyard’s volume, and to expand on its use cases.

The first of these projects we are excited to share is Kung-Fu Farms, which will be a fresh take on yield farming. The UI and assets are currently being developed. While the code is in theoretical stages, holders and farmers will be able to participate in Kung-Fu Farms before the general public, and will benefit the most from the platform.

Check out our links below:

Twitter: https://twitter.com/VineyardBSC

Website: https://vineyard.finance/

Contracts: https://bscscan.com/address/0x70d1240b21befe1118a7f0fce40c6013dbff81a2#code

https://bscscan.com/address/0xa2b20c0f41fd5b9c1658e78134ec0f7d46c7a1bf#code

https://bscscan.com/address/0xb2736e2ab3f93f75663a12f877d5839b8b1093a8#code

Telegram: https://t.me/vineyardBSC

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Vineyard

Simple, Self-Perpetuated, Sustainable and Inflation-less