Vector Finance is a protocol that provides users with boosted stablecoin yields from Platypus, without having to own the PTP token. PTP holders can benefit by converting their PTP into xPTP to earn a share of Vector’s profit. Vector is launching soon so get your PTP and stablecoins ready. Vector Finance is a protocol that symbiotically works 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 a large percentage of all yield generated by the protocol. This allows for better capital efficiency and a more diverse user base for Platypus. The Vector token, VTX, also unlocks the highly sought-after voting power from PTP holders who may not be as interested in participating in governance and allows users to share in the profit of the platform as well.

Vector Finance

Vector Finance is a protocol that provides users with boosted stablecoin yields from Platypus

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Source: Dall•E 3 The Avalanche price has risen by 6% in the past 24 hours, with its move to $40.91 also representing a 49% gain in the last seven days. This makes AVAX one of the best-performing coins over this period, with the alt also having risen by 115% in the last 30 days and […]
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Vector Finance VTX

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Avalanche Price Prediction as AVAX Blasts Up 49% – Can AVAX Overtake Cardano?