What is the Vault?

What is the Vault?

The Vault is a secure, encrypted platform for your WMTx staking. All Vault information is encrypted and stored by you. When you create a new Vault, you are given 24 seed words which can be used to restore access to your Vault at any time. However, the Vault is not a Cardano wallet and does not store any WMTx, ADA or other CNTs.

The Vault allows you to stake any WMTx and ENNFTs you have in your Cardano wallet. Each ENNFT contributing 100,000 WMTx to staking. The staking period lasts from the 1st to the 1st of each month and the snapshots are taken 11:30 UTC.

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