Vector Finance
  • Introduction
  • Getting Started
    • 🌐Benefits of Vector
    • βš™οΈMechanics
      • Vector for Platypus Depositors
      • Vector for PTP Holders
      • Vector for JOE Holders
    • πŸͺ™Tokenomics
      • Understanding xPTP, zJOE, and xQI
      • Understanding VTX
      • Token Distribution
        • Liquidity Mining Schedule
        • Community Treasury
    • πŸ”—Quick Links
  • Basics
    • Platypus Finance and xPTP
      • Converting and Staking PTP
      • Depositing Your Platypus Stablecoins
    • Trader Joe and zJOE
    • Benqi and xQI
    • Staking Your LP Tokens
    • Locking VTX
    • Votes & Bribes
    • Claiming Rewards
  • Vector Protocol
    • Platform Rewards
    • Performance Fees
    • Smart Converter
    • Autocompounding Pools
      • Switching Pool Types
      • The Compound Page
      • Vector's Core Pools
      • Autocompounding Fees
    • Risk Prevention
      • Audit
      • Multi-Sig
    • Contracts
      • Withdrawing an LP (USDC-UST)
      • Migrating Your Assets
  • References
    • Glossary
    • Common Questions
  • Learn & Connect
    • Brand Assets
    • Website
    • Medium
    • Discord
    • Twitter
    • Telegram
    • Partnerships
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Introduction

Welcome to Vector Finance

Vector Finance is a protocol that synergistically integrates with Platypus Finance and Trader Joe. Vector enables users to generate boosted yields on their stablecoins or JOE LP deposits, even if they don’t own any PTP or JOE. Vector is able to do this by aggregating PTP and JOE from users who choose to convert their PTP or JOE on our platform. In doing so, Vector unlocks utility for the PTP and JOE tokens: users who convert their PTP into xPTP, or their JOE into zJOE receive a portion of the yield generated by the protocol. This allows for better capital efficiency and a more diverse user base for Platypus and Trader Joe. VTX (Vector's governance token) receives a share of Vector's revenue (~30%) and unlocks the highly sought after voting power from PTP or JOE holders who may not be as concerned with governance. VTX is rewarded to xPTP and zJOE stakers, stablecoin and JOE LP depositors, and liquidity providers for our tokens.

NextBenefits of Vector

Last updated 10 months ago

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