Vector Finance
  • Introduction
  • Getting Started
    • 🌐Benefits of Vector
    • ⚙️Mechanics
      • Vector for Platypus Depositors
      • Vector for PTP Holders
      • Vector for JOE Holders
    • 🪙Tokenomics
      • Understanding xPTP, zJOE, and xQI
      • Understanding VTX
      • Token Distribution
        • Liquidity Mining Schedule
        • Community Treasury
    • 🔗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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  1. Getting Started
  2. Mechanics

Vector for Platypus Depositors

Vector allows users to deposit stablecoins and other assets to earn boosted yield from the Platypus platform, without having to stake their PTP and worry about accruing vePTP. Depositors are able to take advantage of our ample vePTP supply and utilize that for a boosted yield.

Rewards are paid out in PTP

  • Platypus depositors receive a boosted return in PTP

  • Depositors can also earn bonus rewards by converting their PTP to xPTP and staking it

  • Staked xPTP earns a portion of Vector's revenue along with VTX; VTX can then be locked to earn even more

  • Our compound button makes boosting those yields super easy

Between boosted vePTP rewards and compounding their rewards Platypus depositors receive much better yield for these farms than they could on their own.

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Last updated 1 year ago

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