Vector (VTX) is currently priced at $0.001330 USD. The price has increased 0.00% in the last 24 hours. It has a market capitalization of $78,828.383. Fully diluted valuation: $78,828.383. Circulating supply is 59,249,766.276 VTX. Total supply is 59,249,766.276 VTX.
Stats
| 1 Day | +0% |
|---|
| 1 Month | −0.26% |
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| 3 Months | −0.32% |
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| 1 Year | −0.9% |
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| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| +0% | −0.26% | −0.32% | −0.9% |
| Market Cap | $78.8K |
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| Fully Diluted | $78.8K |
|---|
| Market Cap | Fully Diluted |
|---|
| $78.8K | $78.8K |
About Vector
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.