#### What is VAULT-X (VAULT)?

VAULT-X (VAULT) is a Hyper-Deflationary and XSURGE Rewarding [VaultDeFi](https:\vaultdefi.com) token hosted on the [Binance Smart Chain (BEP20)](https://coinmarketcap.com/alexandria/article/how-to-use-binance-the-beginners-guide)

#### VAULT-X (VAULT) Tokenomics 
[Tokenomics](https://coinmarketcap.com/alexandria/article/what-is-tokenomics) as of 1/1/22 

3% Buy Tax - Breakdown: 10% - Burn VAULT-X, 90% - XSURGE [XUSD](https://coinmarketcap.com/currencies/xusd-token/)

8% Sales Tax - Breakdown: 10% - Burn VAULT-X, 90% - XSURGE reflections of your choosing.
 
#### Where to and how to Buy VAULT-X

VAULT-X can be purchased using its revolutionary innovative inbuilt swapper contract. You can send [Binance Smart Chain (BEP20)](https://coinmarketcap.com/alexandria/article/how-to-use-binance-the-beginners-guide) directly to the contract address and the VAULT-X token will be sent back directly to your wallet. It is important to note that you must send the [Binance Smart Chain (BEP20)](https://coinmarketcap.com/alexandria/article/how-to-use-binance-the-beginners-guide) from a wallet that is not hosted on an exchange. Acceptable wallets examples are SafePal, MetaMask and Trust Wallet. When sending your [Binance Smart Chain (BEP20)](https://coinmarketcap.com/alexandria/article/how-to-use-binance-the-beginners-guide) you must also remember to leave some [Binance Smart Chain (BEP20)](https://coinmarketcap.com/alexandria/article/how-to-use-binance-the-beginners-guide) in your wallet to cover Gas fees. 

VAULT-X can also be purchased by using an exchange such as [PancakeSwap](https://coinmarketcap.com/alexandria/article/what-is-pancakeswap). Simply connect your wallet to [PancakeSwap](https://coinmarketcap.com/alexandria/article/what-is-pancakeswap) and import our contract address in the exchange area. You will then be able to swap the [Binance Smart Chain (BEP20)](https://coinmarketcap.com/alexandria/article/how-to-use-binance-the-beginners-guide) for VAULT-X

#### Managing your [VaultDeFi](https:\vaultdefi.com) assets?
 
 A revolutionary [DApp](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) has been created to allow [VaultDeFi](https:\vaultdefi.com) holders to connect their Wallet to the [DApp](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) to manage their [VaultDeFi](https:\vaultdefi.com) assets.
 
 #### Who Are the Founders of [VaultDeFi](https:\vaultdefi.com)?
The CEO of [VaultDeFi](https:\vaultdefi.com) Jennifer Vardon is a Toronto based blockchain researcher, specializing in both public and private blockchain optimizations and integrations. Jennifer is currently working as a S&M Enterprise consultant for the Canadian Federal Government specializing in global procurement integrations.

The rest of the [VaultDeFi](https:\vaultdefi.com) Team can be found [here](https://vaultdefi.com/leadership)

#### Security

All [VaultDeFi](https:\vaultdefi.com) contracts are [audited](https://coinmarketcap.com/alexandria/glossary/smart-contract-audit) by [CertiK](https://www.certik.com/) and are continually monitored by their [SkyNet 24/7](https://www.certik.com/products/skynet) running security intelligence engine. 
All wallets related to the functioning of the [smart contracts](https://coinmarketcap.com/alexandria/article/what-is-a-smart-contract) are [multi-signature](https://coinmarketcap.com/alexandria/glossary/multisignature) providing an extra layer of security. 


#### What Makes [VaultDeFi](https:\vaultdefi.com) Unique?

[VaultDeFi](https:\vaultdefi.com) aims to solve the problems of prior cryptocurrencies including mining rewards, farming rewards, and high-stake yield options. We propose allowing users to participate in a smart contract token reflection to produce tokens inside their own wallet. We also believe that offering more than 1 dividend option in addition to the ability to choose one's own dividends based on approved smart contact collaboration with other [Binance Smart Chain](https://coinmarketcap.com/alexandria/article/how-to-use-binance-the-beginners-guide) projects enhances the flexibility of the investor’s digital asset portfolio development. 

Another challenge remains to facilitate and maintain [Liquidity](https://coinmarketcap.com/alexandria/glossary/liquidity) on Decentralized Exchanges. By nature, Decentralized Exchanges require [Liquidity](https://coinmarketcap.com/alexandria/glossary/liquidity) for user participation, thus the responsibility is on the developers to provide it. Historically, developers created incentives aimed at users to provide [Liquidity](https://coinmarketcap.com/alexandria/glossary/liquidity) which can be outweighed by risk due to the subjectivity of impermanent loss. As a solution, we propose utilizing our suite of [smart contract](https://coinmarketcap.com/alexandria/article/what-is-a-smart-contract) functions to automatically capture [Liquidity](https://coinmarketcap.com/alexandria/glossary/liquidity) to be used on Decentralized Exchanges and held in custody independent from user possession. Thus, creating a sustainable [Liquidity](https://coinmarketcap.com/alexandria/glossary/liquidity) pool. Additionally, our [smart contracts](https://coinmarketcap.com/alexandria/article/what-is-a-smart-contract) have been architecturally designed to enhance the capability to burn tokens to promote scarcity by reducing the total supply. Hyper [deflation](https://coinmarketcap.com/alexandria/glossary/deflation) is a newer concept within the [Decentralized Finance](https://coinmarketcap.com/alexandria/glossary/defi) space and [VaultDeFi](https:\vaultdefi.com) has applied its properties to all 2 tokens within the ecosystem. Together, the combination of these [tokenomics](https://coinmarketcap.com/alexandria/article/what-is-tokenomics) both symmetrical and hyper deflationary may afford far superior benefits for the community within the Decentralized venue. Allowing these functions to be amplified and dependent on volume provides an ideal incentive to expedite adoption and foster new use cases. 

#### Related Pages:
Read more about 
[VaultDeFi](https:\vaultdefi.com),
[XUSD](https://coinmarketcap.com/currencies/xusd-token/),
[XSurge](https://xsurge.net/),
[CertiK](https://www.certik.com/),
Learn more about [Decentralized Finance (DeFi)](https://coinmarketcap.com/alexandria/glossary/defi).


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