Vetter Ecosystem Announces Upcoming Release of Skylabs $VSL Token and Self-Custodial Staking Model

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London, United Kingdom, 26th August, 2022, Chainwire

A Vetter Ecosystem project, Skylabs VSL Launchpad, is pleased to announce the forthcoming presale of its exclusive Skylabs token, $VSL, which will launch on Sunday, 28th of August, 2022, at 7 pm (UTC) with a revolutionary ‘next-gen’ staking model.

Skylabs VSL is a launchpad with a mission to launch only top-tier projects, ones that meet the highest of standards, including a clear path to revenue and strong fundamentals. All projects launching off Skylabs will meet competitive marketing positioning standards.

The highly-anticipated $VSL BEP-20 token will launch exclusively on Vsale, one of two independent launchpads, joined by Skylabs, at Vetter Ecosystem, which prides itself on being a decentralized environment that participates in non-custodial staking. Because of this, stakers have full control of their respective funds with no interference from a governing body. Additionally, withdrawals are never restricted and their tokens are never removed as a means to limit ‘high-risk’ investments.

In fact, the community-driven project’s tokenomics is deflationary, meaning that tokens can’t be minted while, per a burn procedure, are decreased in supply over time. No additional tokens can be added to the circulation as a means of payment.

Stakers of the $VSL token will receive royalties from shared revenue as 100% of the buy tax and 33.33% of the sales tax, which evolves into 20% of generated revenue from both launchpads, once the buy and sell taxes are removed from DEXs for mass-marketing via CEXs. These are guaranteed allocations per