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Vector Finance

Vector Finance VTXPrice N/A

VTX Price

N/A

General Info

Contracts/Explorers:

Avalanche C-Chain

Tags (Sub-Categories):

# Inactive

Description

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

Vector Finance (VTX) Chart

Vector Finance price Index provides the latest VTX price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 8.65M

Max Supply

VTX 100,000,000

Total Supply

VTX 42,725,220

All Time High

$ 1.64

8 Apr 2022


All Time Low

$ 0.0177

19 Oct 2023

Trending Vector Finance Fiat Pairs

What is Vector Finance (VTX)?

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.

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