A vault is a smart contract containing a native asset that allows users to stake their sundae in the vault in return they receive some amount of that native asset based on the amount of sundae they have staked.
For an example, the creators of the token SBerry would be able to take 5% (or any arbitrary amount) of their total supply, and place it into a vault on SundaeSwap. Then users could stake their sundae in the vault for 30 days, and withdraw their initial Sundae + some accumulated SBerry (based on the amount of sundae they are staking) at the end of the month.
This proposal seeks to allow project creators / token holders to create single asset vaults to launchpad their token.
Any project could apply to create a vault for their token, and we could either employ an open policy where all applications pass, or we could have the DAO vote on which new projects to create vaults for.
Additionally, a second type of vault could be introduced, in which the users stake Sundae/ADA LP tokens to receive more of the Vault’s tokens. The fees generated by the liquidity that is locked into the vault would go to the Vault’s creators, thus making this feature a launchpad of sorts. Projects would be able to launch their tokens on SundaeSwap, and receive “funding” from the liquidity fees generated by their vault.
We we introduce the ability for users stake sundae to receive other Cardano Native Tokens in this way?