We have identified a long list of industry problems which Vulcan aims to solve. Below are the top 4 major leading issues:
Staking is not only being targeted by the SEC (Securities and Exchange Commission) as a potential outright ban, but staking in itself presents its own set of inherent risks such as; giving up control of assets, locking assets for a managed time, 3rd party measures, and other limitations.
Vulcan's Auto-Staking technology is the solution to this problem as it offers guaranteed on-chain returns through the programming of Vulcan's Blockchain Protocol. This means that yield returns are automatically dispersed to native $VUL coin holders every 15 minute epoch via this method by utilizing rebasing technology without the need for holders to give up control of their funds, nor having to lock their funds for any amount of time, or any need to secure custody with a 3rd party.
Simply by holding $VUL in any hot or cold wallet address, automatically entitles the user to yield stakes in an open and trustful way, granting the user complete freedom to do as they wish with their own funds at any time.
The fallout from high yield return platforms such like Celsius, Voyager, BlockFi and others have highlighted a major issue by use of the commonly used phrase; "not your keys, not your crypto". They have also wash boarded extreme levels of doubt throughout the DeFi segment which has prevented new money from entering into the space.
Vulcan is the first to develop and adopt Auto-Rebasing technology within the core Blockchain Protocol. Rebasing allows Vulcan to automatically generate an increased amount of new $VUL coin supply to periodically enter the market. Each epoch (15 minutes) a new amount of coins are minted which is added to total supply as 'interest reward'.
The amount of interest reward is 44% APR which is fixed for the entire lifetime of the Blockchain.
The traditional banking system holds back true earning potential when a comparison is drawn between it and what is possible with cryptocurrency. In today's world, it is common knowledge that banks do not provide any form of 'acceptable' interest rate when weighing up the risks attached.
Vulcan Blockchain will provide a sustainable fixed Auto-Compounding rate at 55% APY (which equals the rate of 44% APR compounded over the course of a full 365 day cycle).
💼 EXAMPLE: Day 1 start: 10,000 VUL : Day 365 end: 15,500 VUL
Supply vs Demand is the most basic way the value of any asset is derived from. Investor confidence and sentiment also adds to this but is indirectly correlated from the underlying core fundamentals. Inflating supply i.e. rebasing/printing/minting/adding to supply whether it be the rapid expansion of the money supply by the government through Quantitative Easing, or the minting of new tokens in DeFi projects, it all leads to the underlying asset price decreasing in value due to oversaturation.
Vulcan introduces true burn mechanics known as The Fire Pit. On each on-chain transaction across the Vulcan Network there is a 5% transaction fee + node validator fee (Gas Fee) which is charged on every $VUL transaction. From this - 60% of the total charged fee (3%) is burnt into The Fire Pit which is a Null Zero Dead Address.
The continual burning of coin supply into the Fire Pit offsets the inflation caused through rebasing and therefore makes the $VUL coin deflationary. The bi-product of this is strengthening the value of each coin by constant price appreciation and through user adoption of the Vulcan ecosystem.