$0.001325
-$0.000009(-0.71%)
Market Cap
$78.54K
24h High
$0.001336
24h Low
$0.001317
24h Turnover
$1.37
Total Supply
59.24M
Market Sentiment
Neutral
About Vector Finance (VTX)
Vector Finance is a protocol that synergistically integrates with Platypus Finance. Vector enables users to generate boosted yields on their stablecoins, even if they don’t own any PTP.
Vector is able to do this by aggregating PTP from users who choose to convert their PTP into xPTP. In doing so, Vector also unlocks utility for the PTP token: users who convert their PTP into xPTP receive ~71% of all yield generated by the protocol. This allows for better capital efficiency and a more diverse user base for Platypus.
VTX (Vector's governance token) receives a share of Vector's revenue (~29%) and unlocks the highly sought after voting power from PTP holders who may not be as concerned with governance. VTX is rewarded to xPTP stakers, stablecoin depositors, and liquidity providers.
Risk Disclosure
Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results.
Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.
Disclaimer
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