FAQs
Frequently Asked Questions
Last updated
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Frequently Asked Questions
Last updated
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What is L4VA?
L4VA is a community driven DeFi project on Cardano building a decentralized protocol that allows market makers to access liquidity for crypto assets ( NFTs, Tokens, and Tokenized RWAs) and provide investors with unique new asset backed investment tokens. The protocol is a Catalyst Fund 12 winner and we are targeting launch of the protocol in Q2 2025.
What is $VLRM?
VLRM is the L4VA community membership token and rewards token of the Relics of Magma, the official NFT collection of L4VA. $VLRM has key utility built into the L4VA protocol; specifically vault creators (market makers) are required to lock an amount of VLRM in a vault in order to launch it for the duration of the vault tokens life (gitbook for vaults and L4VA protocol coming 12/31/2025)
Why are there no pools with liquidity for VLRM?
We have not launched any official liquidity pools on a DEX but are prepping for a bonus yield pool (1/28/2025). If you’re looking for a way to use your VLRM now, make sure you check out our Mint In VLRM option, where you can mint a Relic NFT in VLRM and then Stake it to earn significant rewards on a % APY basis in VLRM.
Where can I mint?
https://l4va-relics.ada-anvil.io/en/
Where can I stake Relics NFTs?
https://relics-staking.ada-anvil.io/en/
Is there a $L4VA token?
Not yet! But there will be a $L4VA token which will have a discounted presale available only for VLRM holders with allocations based on holdings. The L4VA token will be the fee token and rewards token of the protocol itself. The best way to maximize your exposure to $L4VA is by accumulating $VLRM.
Why are there two tokens?
We wanted to have a token for the NFT Collection that’s also tied to the protocol with utility so that there’s gamification and rewards compounding for early supporters and investors in the NFT collection. Think of VLRM as the membership token that can only be accumulated by holding NFTs with utility across the L4VA ecosystem and protocol, while the L4VA token is the token that will be strictly tied to the protocol itself. Both have unique value and interoperability
How do the NFT staking rewards work?
The amount of VLRM you earn by staking a Relics of Magma NFT is directly correlated to the rarity of the Series within the Collection (Vita, Porta, Terra) and then the rarity of the traits within the Series. Here’s the rarity and staking rewards estimates by series and trait for the first 12 months (2025). See below.
