How To Make BNB in The Posh Vault
Posh Vault is a new way to earn BNB on BSC. It looks different, it feels different and it works differently, but in the end it gives you that all familiar, glorious BNB.
Let’s take a little (in-depth) look at how the Posh Vault works and what you can do with it, starting with the home page. When landing on the homepage, you are presented with three different options:
The Vault — The Locker — How to Play
Really we’re going to just look at the first two options, “How to Play” is already pretty well written out on our site.
The Vault
When clicking “THE VAULT”, you will be sent to the main dashboard. This is where you will probably spend most of your time when visiting Posh Vault. Upon entering the Vault you will notice that it is divided into 4 sections. The first is the Posh Vault, where you will see a welcome message and the approximate percentage of the total POSH supply that you hold.
Posh Vault
This section is great because it is also where you will find all your information regarding referrals. Here you can copy your referral link, as well as find your statistics on your Total Referral Earnings, as well as Your Total Referrals. Now, the reason this section is great is because with every first purchase of POSH using your referral you will gain 3% on any deposits made by that address moving onward in the future!
My Wallet
Yet another important section of the dashboard, this is where you will see as you guessed it, you wallet. Displayed you will find your total number of POSH in your wallet along with its BNB and USD value. From here, you are also able to send your POSH, either to another wallet or the Lockers (we will get into that shortly).
Swap Posh/BNB
In this third section, you will be able to buy and sell your POSH, as well as see the current buying and selling price of the token. Since POSH utilizes an hourglass contract, the token is minted upon the deposit of BNB and burned when POSH is sold. This means that the supply is ever changing, yet affirms there is appropriate liquidity contained within it.
My Dividends
Arguably the most fun part of the dashboard, this is where you will see your growing BNB dividends. As transactions are made through the Posh Vault, you will see your dividends grow. You can also see the dividend earnings from referrals in the section. Lastly, you can choose to reinvest your dividends into POSH and start earning more, or withdraw your BNB dividends.
Stats
The last section of the dashboard is the current statistical readout for POSH. POSH’s supply can be monitored here as well as information regarding the total contract balance and the current Market Cap for Posh Vault itself.
The Locker
The locker is a fantastic feature of Posh Vault, it proves you’ve got yourself some godly strong hands. This is a place where you can safely store your POSH, and fight your urge to sell it off and ultimately gain more BNB.
Unlike many other BNB options, the Locker allows you to choose your own locking period, meaning you can choose to lock your POSH for as little as 1 day, all the way until next year or further if you want to. By using the locker you are not only hodling like a chad, but also helping locking in a price floor for POSH.
Creating a Locker
It is really quite simple to create a Locker, just select the amount of time you wish to have POSH locked and then click “CREATE YOUR LOCKER”.
This will then change your Locker page and allow you to start using the Lockers.
Transferring to Your Locker
If you had previously purchased POSH, you can copy your new Locker address and now go to the transfer section of the dashboard and choose to transfer your POSH to an address. Put in your Locker address and you will then send your POSH into your locker, and have it locked away for the X number of days you had chosen.
Depositing BNB and Locking Up Posh
There is another way to get POSH into the Locker once it has been created. You can choose to directly deposit your BNB into the Locker address and your POSH will be locked into it when purchased.
Extending Your Time
Hands are diamond and the amount of time you locked your POSH was not enough for you? You can always add more time, proving that yours are the strongest!
Locker Controls
Lastly this section allows you to manage your dividends by giving you the option to reinvest into POSH or withdraw your locked dividends. Here you can also sell you locked POSH and claim its BNB value, burning the POSH at the same time.
We are aware this was a long article, we had been requested by the community for a more in-depth look at the features of Posh Vault and we thank you for reading it all the way through, you done good.
