Vector Finance vtx

-13.38 % $ 0.154349
$0.132266 24H Range $0.178973
Market Data
Price $ 0.154349
Volume $ 749,047.00
Volume / Market Cap 0.2572
Circulating Supply 18,874,048.17
Total Supply 18,874,048.17
Max Supply 100,000,000.00
Market Cap $ 2,912,219.00
Fully diluted market cap $ 15,429,754.00
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.
Vector Finance (vtx) Price Chart
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