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# System prepended metadata

title: The Return of The Bliss

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# The Return of The Bliss 

We have completed the first phase of the Bliss vault revamp we announced a few weeks ago. After solving the debt issue within the vaults we have deployed new contracts which will now allow the proper distribution of rewards to liquidity providers. We have secured the vBTC in the old vaults ([link](https://etherscan.io/tx/0xa4b8165c39214e15ccabe7e5b67ecee7af505f8d3114fe8ff8693d8523601795)) and transferred the vBTC to the custody of the NERD development team. 

<center><iframe src="https://giphy.com/embed/Dmydf2Zf2kOys" width="480" height="294" frameBorder="0" class="giphy-embed" allowFullScreen></iframe><p><a href="https://giphy.com/gifs/obi-wan-Dmydf2Zf2kOys">via GIPHY</a></p></center>

## Blissful NERDS

NERD is going to have a more active role in the management of Bliss moving forward. We are planning to divert 30% of the vault earnings to a hedge fund which will deploy capital in the most efficient way possible to generate value which will be used to increase the vault output.   

We will also deploy the front-end for the vaults on  [Strudel.finance](https://strudel.finance) to promote traffic towards the vaults. We are currently in the process of creating a front-end for it with our team. In the meantime, the vaults can be accessed [here](https://ipfs.infura.io/ipfs/QmfXzPFVw2oXSXsSLpAJBdCtX6XGrgv3yh6GmW2cMAMTjp/).

The vBTC will be transferred back to the new vaults to be distributed after a 2-week waiting period to allow for everyone to have a fair start at the new rewards distribution. The old vaults can be found [here](https://nirvanadefi.eth.link/). We encourage everyone to unstake from the old vaults and stake in the new contract. The new vaults will get all new vBTC accrued and we will start adding vBTC after the waiting period ends in weekly batches to ensure a consistently high APR instead of an early spike. 

Buy BLISS: https://v2.info.uniswap.org/pair/0xa2b216ce561532509eef22cbc624f58f0fdf5c90

BLISS Dextools: https://www.dextools.io/app/uniswap/pair-explorer/0xbe06f49563f9b893254ba3706231f30dd9c63749

Buy vBTC: https://app.zerion.io/invest/asset/VBTC-0xe1406825186d63980fd6e2ec61888f7b91c4bae4

Buy NERD: https://v2.info.uniswap.org/pair/0x2e231cbf03ea19f8a5bed1c053e678729703d0ba

![](https://i.imgur.com/QyepnHj.png)


