Hodl Vault Token (HVLT) is the next transition platform in the decentralized finance (DeFi) ecosystem, as well as a yield-generating contract on the Binance Smart Chain. The network offers a powerful token listing platform, supported by a vital process to avoid possible scams.
The protocol aims to serve a security KYC (Know Your Customers/Clients) audit of new and arising listings and an honest inspection of approved listed tokens on the platform. Hodl Vault Token also aims to bring transparency, communication, education, and security as its core values to the DeFi space and the crypto community.
Besides, the platform is managed by a successfully audited smart contract. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.
Further, HVLT is a BEP-20 based native token of the HODL Vault Token network. According to the whitepaper, the platform has disclosed its custom rewards calculator within the first weeks or post-launch. The custom reward calculator does not require the users to connect their wallets, thus, offering an additional layer of security.
In addition, the initial liquidity tends to be locked for a minimum of six months, ensuring the token holders that they can always exchange the token. DXSALE, a trusted third party on Hodl Vault, operates to ensure all raised liquidity is locked in a secure locker for the full-time frame.