🧛♂️ Dracula Protocol V2
What is Dracula Protocol V2?
Last updated
Was this helpful?
What is Dracula Protocol V2?
Last updated
Was this helpful?
Dracula Protocol offers an easy to use web interface allowing deposits of crypto assets into Dracula Protocol smart contracts. Dracula Protocol stakes deposits and liquidates the platform rewards (SUSHI) for ETH. The ETH generated from rewards is invested into a Rari Capital vault earning compounding interest for all users collectively.
These underlying platforms are called "Victims" and include DeFi platforms like SushiSwap and Dodo.
Dracula Protocol adds a layer of security to yield farming by performing an audit of each potential Victim by the Dracula Protocol team prior to allowing user deposits.
Dracula Protocol consolidates all steps necessary to earn interest into one protocol saving users' time and multiple ethereum transaction fees (gwei/gas.)