Announcing OVAULT V2: Your Gateway to the Music Industry

Opulous
3 min readSep 11, 2024

--

We are thrilled to announce that OVAULT V2 is now live! In today’s blog, we will explore:

  • What is OVAULT?
  • The OVAULT Catalog
  • How to Participate in OVAULT

What is OVAULT?

OVAULT is a USDC staking pool that offers up to 10% APY while giving you the unique opportunity to invest in a diverse array of music collections. Each time these songs earn royalties — whether from streams, radio airplay, TV broadcasts, or other sources — those earnings are channeled directly into your rewards from OVAULT.

This allows you to leverage your crypto by sharing in the success of one of the most stable assets: music.

The OVAULT Catalog

OVAULT boasts an impressive collection of major catalogs expertly curated by our music specialists, featuring over 300 titles spanning multiple decades, including highly successful and evergreen hits such as:

  • Prince — Kiss
  • BTS — ON
  • Michael Jackson — Don’t Stop Til You Get Enough
  • Phil Collins — True Colors
  • Mariah Carey & Whitney Houston — When You Believe (from The Prince of Egypt)
  • Celine Dion — Falling Into You

How to Participate in OVAULT

Participating in OVAULT is simple. When you stake your USDC, you automatically receive OVAULT tokens representing your stake. There’s no need to restake or frequently collect your rewards. Here’s how it works:

  1. Stake Your USDC: On the OVAULT page, choose the amount of USDC you want to stake.
  2. Receive OVAULT Tokens: Check how many OVAULT tokens you will receive and confirm the transaction.
  3. Accumulate Rewards: Simply hold your OVAULT tokens in your wallet to accumulate rewards.

You can check your position’s current value directly on the page, updated whenever rewards are added back to the pool.

Converting Back to USDC

Converting your OVAULT tokens back to USDC is straightforward:

  1. Unstake Your Tokens: Click on the Unstake tab and select the amount of OVAULT you want to convert back to USDC.
  2. View Conversion Date: You will immediately see the date your tokens will be converted back to USDC along with your position in the queue.
  3. Accumulate Until Complete: Even if it takes some days for your position to be converted, you will keep accumulating rewards until the conversion is complete.
  4. Speed Up Unstake: Use your Opulous Tickets to speed up your unstake if there are more users in the queue. Add your tickets to see the estimated date go lower, allowing you to jump in front of the queue.
  5. Claim Your USDC: Once your position is complete, claim your USDC back to your wallet. It’s quick and easy.

So, are you ready to amplify your love for music? Dive into OVAULT V2 today and start earning up to 10% APY with your USDC! Stake now and share in the success of iconic hits.

If you’re as excited about OVAULT as we are or if you have any more questions about OVAULT, feel free to reach out to us on our Telegram or social media channels:

Twitter: www.twitter.com/opulousapp/

Instagram: www.instagram.com/opulousapp/

Telegram: www.t.me/opulousapp

Reddit: www.reddit.com/r/Opulous

YouTube: www.youtube.com/c/Opulousapp

Stay tuned for more updates, and join us on this amazing journey! 🚀

--

--

Opulous

Opulous is building game-changing music products transforming how artists gain funding and connect with fans!