TRVL LabsTRVL Token Economics
The TRVL token was launched in Q4 2021 on both the Ethereum Network (ERC-20) and BNB Smart Chain (BEP-20). The total supply of TRVL will be 1 billion (1,000,000,000). TRVL will be distributed in the following manner:TRVL DistributionCommunity Treasury: 25% TRVLThe Community Treasury retains 25% of the entire TRVL supply. This amount will vest over a period of 72 months. The Community Treasury funds are allocated toward operational expenses and grants related to: the development and management...
TRVL LabsTRVL Labs Roadmap
Our vision is to be the driving force behind the travel industry's web3 revolution. With this ambitious vision in mind we have a roadmap stacked with exciting new initiatives where TRVL is front-and-center.Dtravel - Creating infrastructure that facilitates direct bookings for home-sharing entrepreneurs and professional hosts.Stake - Earn rewards by staking your TRVL in various vaults. Includes partnerships with other projects in the space. Pledge - A simple mechanism for community-driven...
TRVL LabsTRVL Staking Overview
Last week we teased our upcoming staking campaign and we’re excited to share a sneak peek today. This article will give a general overview of how the TRVL staking will work and what you’ll need to know to participate. Full details of the campaign will be shared once we’re ready to launch it so make sure to stay tuned on our socials. Important note: we’re still working on finalizing the staking campaign so any specific numbers in the mockups here are for illustrative purposes only. Final amoun...
A web3 development and venture incubation studio focusing on expanding the universe of use cases for the ultimate travel token, TRVL.
TRVL LabsTRVL Token Economics
The TRVL token was launched in Q4 2021 on both the Ethereum Network (ERC-20) and BNB Smart Chain (BEP-20). The total supply of TRVL will be 1 billion (1,000,000,000). TRVL will be distributed in the following manner:TRVL DistributionCommunity Treasury: 25% TRVLThe Community Treasury retains 25% of the entire TRVL supply. This amount will vest over a period of 72 months. The Community Treasury funds are allocated toward operational expenses and grants related to: the development and management...
TRVL LabsTRVL Labs Roadmap
Our vision is to be the driving force behind the travel industry's web3 revolution. With this ambitious vision in mind we have a roadmap stacked with exciting new initiatives where TRVL is front-and-center.Dtravel - Creating infrastructure that facilitates direct bookings for home-sharing entrepreneurs and professional hosts.Stake - Earn rewards by staking your TRVL in various vaults. Includes partnerships with other projects in the space. Pledge - A simple mechanism for community-driven...
TRVL LabsTRVL Staking Overview
Last week we teased our upcoming staking campaign and we’re excited to share a sneak peek today. This article will give a general overview of how the TRVL staking will work and what you’ll need to know to participate. Full details of the campaign will be shared once we’re ready to launch it so make sure to stay tuned on our socials. Important note: we’re still working on finalizing the staking campaign so any specific numbers in the mockups here are for illustrative purposes only. Final amoun...
A web3 development and venture incubation studio focusing on expanding the universe of use cases for the ultimate travel token, TRVL.
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TRVL Earn, the official TRVL staking program, is now live at earn.trvl.com! Holders of the ERC-20 and BEP-20 TRVL token can stake their TRVL in vaults ranging from one month to 24 months to earn TRVL staking rewards of up to 75% APR.
We sincerely thank the TRVL community for their patience while the v1 Earn product was in development. We look forward to community feedback to shape the v2 Earn product and future evolutions.
In this article, we’ll explain the mechanics of the staking program and walk you through how to stake your TRVL and claim your TRVL staking rewards.
TRVL Earn currently includes five vaults, each with a different APR:
Note: staked TRVL does not automatically compound.
All vaults exist on both the Ethereum network and BNB Smart Chain, enabling staking of both the ERC-20 and BEP-20 version of the TRVL token.
Each vault also has its own minimum and maximum stake limit. To successfully stake in a vault, your selected TRVL amount must be within these two limits. Note that every vault has a maximum total stake capacity, therefore the total amount staked in a vault at any given time by all staking participants cannot exceed the maximum cap.
Example: Assume the 1 Month Vault has a minimum stake amount of 100 TRVL and a maximum stake amount of 1,000,000 TRVL, with a maximum cap of 2,500,000 TRVL for the entire vault. If the total amount of TRVL locked in the vault by all staking participants is currently 2,000,000 TRVL, the maximum stake amount at this point in time will be 500,000 TRVL instead of 1,000,000 TRVL.
Staking TRVL in a vault is an irreversible commitment to the total lock-up term. Once staked, the initial deposit and staking rewards can only be claimed following the vault reaching maturity. Tokens cannot be unstaked prior to vault maturity.
At maturity, your initial deposit and your rewards must be claimed manually. You may subsequently opt to restake your TRVL in the same vault or another vault.
Example: A holder decides to stake 10,000 TRVL at 60% APR in the 12 Month Vault. After 365 days the stake has matured, allowing the holder to claim the initial deposit of 10,000 TRVL plus the 6,000 TRVL rewards earned through staking, for a total of 16,000 TRVL.
Earning TRVL on TRVL.com is easy. Simply connect your non-custodial wallet, select a staking vault and enter the amount of TRVL to stake. For detailed instructions, please see the step-by-step guide below.
Please note: the values in the screenshots below have been included for demonstration purposes only and may not be current.
Visit earn.trvl.com.
Click “Connect wallet” in the top right-hand corner.
Choose your non-custodial wallet and follow the prompts to connect your wallet to TRVL.com.
Once your wallet is connected, choose the “Ethereum” or “BSC” network (depending on whether you’re staking the ERC-20 or BEP-20 version of TRVL) and select your desired staking vault.
Enter the amount of TRVL to stake. Once entered, you’ll be able to see the estimated TRVL rewards. Click “Stake TRVL”, after which you’ll be prompted to confirm the transaction in your non-custodial wallet.
Note: Staking TRVL is an on-chain transaction that involves gas fees in the native network cryptocurrency (i.e. ETH if staking on the Ethereum network and BNB if staking on the BNB Smart Chain network).
If your staking transaction is successful, you’ll see a confirmation message.
Once the vault maturity of your stake is reached, you’ll be able to claim your TRVL rewards on TRVL.com by following the steps below.
Visit earn.trvl.com and connect the non-custodial wallet you used to stake TRVL.
Click “Go to rewards”.
Here, you can see all of your staked positions. When vault maturity is reached, the claim action will become available. Click “Claim” to proceed.
To confirm your claim, click “Deposit to wallet”. Your staked TRVL amount and the TRVL rewards will then be deposited to your connected non-custodial wallet.
Note: Claiming TRVL rewards is an on-chain transaction that involves gas fees in the native network cryptocurrency (i.e. ETH if staking on the Ethereum network and BNB if staking on the BNB Smart Chain network).
If you have any questions about staking or encounter any issues, please reach out to us on Discord and Telegram.
TRVL Earn, the official TRVL staking program, is now live at earn.trvl.com! Holders of the ERC-20 and BEP-20 TRVL token can stake their TRVL in vaults ranging from one month to 24 months to earn TRVL staking rewards of up to 75% APR.
We sincerely thank the TRVL community for their patience while the v1 Earn product was in development. We look forward to community feedback to shape the v2 Earn product and future evolutions.
In this article, we’ll explain the mechanics of the staking program and walk you through how to stake your TRVL and claim your TRVL staking rewards.
TRVL Earn currently includes five vaults, each with a different APR:
Note: staked TRVL does not automatically compound.
All vaults exist on both the Ethereum network and BNB Smart Chain, enabling staking of both the ERC-20 and BEP-20 version of the TRVL token.
Each vault also has its own minimum and maximum stake limit. To successfully stake in a vault, your selected TRVL amount must be within these two limits. Note that every vault has a maximum total stake capacity, therefore the total amount staked in a vault at any given time by all staking participants cannot exceed the maximum cap.
Example: Assume the 1 Month Vault has a minimum stake amount of 100 TRVL and a maximum stake amount of 1,000,000 TRVL, with a maximum cap of 2,500,000 TRVL for the entire vault. If the total amount of TRVL locked in the vault by all staking participants is currently 2,000,000 TRVL, the maximum stake amount at this point in time will be 500,000 TRVL instead of 1,000,000 TRVL.
Staking TRVL in a vault is an irreversible commitment to the total lock-up term. Once staked, the initial deposit and staking rewards can only be claimed following the vault reaching maturity. Tokens cannot be unstaked prior to vault maturity.
At maturity, your initial deposit and your rewards must be claimed manually. You may subsequently opt to restake your TRVL in the same vault or another vault.
Example: A holder decides to stake 10,000 TRVL at 60% APR in the 12 Month Vault. After 365 days the stake has matured, allowing the holder to claim the initial deposit of 10,000 TRVL plus the 6,000 TRVL rewards earned through staking, for a total of 16,000 TRVL.
Earning TRVL on TRVL.com is easy. Simply connect your non-custodial wallet, select a staking vault and enter the amount of TRVL to stake. For detailed instructions, please see the step-by-step guide below.
Please note: the values in the screenshots below have been included for demonstration purposes only and may not be current.
Visit earn.trvl.com.
Click “Connect wallet” in the top right-hand corner.
Choose your non-custodial wallet and follow the prompts to connect your wallet to TRVL.com.
Once your wallet is connected, choose the “Ethereum” or “BSC” network (depending on whether you’re staking the ERC-20 or BEP-20 version of TRVL) and select your desired staking vault.
Enter the amount of TRVL to stake. Once entered, you’ll be able to see the estimated TRVL rewards. Click “Stake TRVL”, after which you’ll be prompted to confirm the transaction in your non-custodial wallet.
Note: Staking TRVL is an on-chain transaction that involves gas fees in the native network cryptocurrency (i.e. ETH if staking on the Ethereum network and BNB if staking on the BNB Smart Chain network).
If your staking transaction is successful, you’ll see a confirmation message.
Once the vault maturity of your stake is reached, you’ll be able to claim your TRVL rewards on TRVL.com by following the steps below.
Visit earn.trvl.com and connect the non-custodial wallet you used to stake TRVL.
Click “Go to rewards”.
Here, you can see all of your staked positions. When vault maturity is reached, the claim action will become available. Click “Claim” to proceed.
To confirm your claim, click “Deposit to wallet”. Your staked TRVL amount and the TRVL rewards will then be deposited to your connected non-custodial wallet.
Note: Claiming TRVL rewards is an on-chain transaction that involves gas fees in the native network cryptocurrency (i.e. ETH if staking on the Ethereum network and BNB if staking on the BNB Smart Chain network).
If you have any questions about staking or encounter any issues, please reach out to us on Discord and Telegram.
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