In less than a year, Vector has achieved an amazing number of accomplishments:

• Top 1 PTP staker & vePTP owner
• Number 1 JOE staker & veJOE owner
• The bull market peak of nearly $700M TVL
• Real yield established, earning users millions in revenue
• Numerous protocol updates including smart contract innovation and UI/UX quality-of-life improvements

Pursuing The Goal

Vector Finance is set to pursue its goal to become the DeFi hub of the Avalanche Ecosystem. They will pursue that goal on three different fronts:

• Become more independent — expand its strategies to be less reliant on other protocols
• Continue building on top Trader Joe and Platypus and their ve-token models
• Research other ve-tokens or similar mechanics to add to Vector

Auto-Compounding

Part of becoming the DeFi hub on Avalanche means expanding beyond its initial ve-token model. In the very near term, Vector Finance will introduce auto-compounding pools on Vector.

The platform starts by allowing users to auto-compound Vector’s pools. Once live, users will be able to choose whether they deposit in a manual pool or in an auto-compounding pool. In these auto-compounding pools, they will continuously take the rewards, swap them for the same assets that users deposited, and then compound them back into the original deposit. These types of “set and forget” pools will mean more flexibility for our users, stickier TVL, and a new source of management fees going to the locked VTX pool.

Speaking of locked VTX — when we go live with auto-compounding our Platypus and Trader Joe’s pools they will also introduce an auto-compounding pool for locked VTX! Users will be able to lock VTX and automatically have their rewards compounded.

Furthermore, the delegated pool will be baked into this auto-compound pool, and delegate rewards will be auto-compounded as well. The true definition of “set and forget” in an ever-changing market.

Finally, having built out the framework for auto-compounding its own pools, it’d be foolish not to expand that to other pools on Avalanche! Branching out to other pools on Avalanche for auto compounding will expand its reach beyond the ve-token model we started with, and solidify its position as the DeFi hub on Avalanche. They’ll start with some of the most popular pools by TVL and then continue to expand those strategies over time. All of this means even more real yield and fees for VTX.

ABOUT Vector Finance

Vector Finance is the number one yield booster on Avalanche. We incentivize conversion of JOE and PTP on our platform, accrue ve-power on those protocols, and pass that on to our users. Vector is the top owner of vePTP and veJOE on Avalanche.

Website | Twitter

RESOURCES

Vector Finance

REQUEST AN ARTICLE

The post Vector Finance Updated Roadmap appeared first on Smart Liquidity Research.

They pursue that goal on three different fronts:

1. Become more independent: expand their strategies to be less reliant on other protocols
2. Continue building on top Trader Joe and Platypus and their ve-token models
3. Research other ve-tokens or similar mechanics to add on to Vector

Autocompounding

Becoming the DeFi hub on Avalanche requires going beyond their ve-token concept. Vector will soon have autocompounding pools.

Start by autocompounding Vector’s pools. After launch, customers may deposit in a manual or autocompounding pool. These autocompounding pools regularly swap rewards for the identical assets customers invested and compound them back into the initial deposit. These “set and forget” pools will provide consumers additional freedom, stickier TVL, and new administration costs to the locked VTX pool.

Locked VTX when they autocompound Platypus and Trader Joe pools, they’ll also autocompound locked VTX! Locking VTX will automatically compound awards. The delegated pool and delegate rewards will also be autocompounded. The genuine concept of “set and forget” in a dynamic market.

After building the autocompounding framework for their own pools, they’d be foolish not to apply it to other Avalanche pools! Autocompounding in other pools will improve Avalanche’s DeFi hub.

Advanced, automated strategies

You’ll eventually see them developing more complex and automated techniques for Avalanche. The best protocols will be used in these strategies which will vary depending on the mechanism and aim to maximize user rewards. These will need more investigation and intricacy, but they often provide greater rewards.

Liquidity Book Vaults

Trader Joe recently released a game-changing addition to their DEX — liquidity book piqued their interest. After its release, the team has been collecting data to find out how to give automatic strategies for their users.

veJOE and Vector

Trader Joe veJOE updates. Most JOE emissions will shift to veJOE when this new version launches. This JOE will help Avalanche protocols with token liquidity. veJOE holders will vote on new farms and how much JOE benefits they get. With almost a super majority of veJOE on Avalanche, Vector is sure to become a central DeFi hub for these ecosystem projects looking for liquidity.

Platypus Bribes and USP

Vector continues to develop on Platypus Finance and has the most PTP. As the leading staker of PTP and vePTP owner, they gain substantially from Platypus advancements. Their “Delegated Voting” pool allows locked VTX holders to earn additional APR simply for voting (not including locking APR). They continue to increase bribery, Platypus incentives, and protocol utilization with their partners.

Vector will be able to leverage USP by minting against their users’ deposits, and they’re researching how to maximize value. Imagine being able to mint against your LP deposit and earn on Vector with boosted yield. USP is a capital-efficient innovation. We’re excited for its release and Platypus’s future.

Aggregating new protocols

Finally! Avalanche’s blue-chip tokens benefit their users as they accumulate them. They are actively monitoring the market and have identified at least one new protocol they expect to start accruing soon. They increase Vector’s revenue and benefit the DeFi ecosystem on Avalanche.

About Vector Finance

Vector Finance is the number one yield booster on Avalanche. Incentivize conversion of JOE and PTP on their platform, accrue ve-power on those protocols, and pass that on to their users. Vector is the top owner of vePTP and veJOE on Avalanche.

Website | Twitter

About Avalanche

Avalanche network is the blockchain industry’s quickest smart contracts platform digital asset. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition by deploying on Avalanche.

Website | Twitter

SOURCE: https://vectorfinance.medium.com/a-roadmap-for-becoming-the-defi-hub-on-avalanche-d63ac9848cbd

The post Vector Becoming DeFi Hub on Avalanche appeared first on Smart Liquidity Research.

Protection Pool + Priority Pool Double Protection Design

The protection pool is the storage pool of protocol protection funds, this pool will pay all compensations. Degis Collaboration with Vector Finance, users can stake the shield into the protection pool to become the underwriter of all insured projects on the Degis platform. After staking, they will receive protection Pool LP tokens.

Each project has a Priority Pool that will be used first to compensate claim events. Underwriters can stake the protection pool LP token to the priority pool to get more mining rewards. This protocol’s priority pool’s protection pool LP tokens will reward claims before other pools’ tokens, increasing user risk. Liquidity providers who stake protection pool LP tokens in the priority pool of this protocol will lose them.

About Vector Finance

Vector Finance is the number one yield booster on Avalanche. They incentivize conversion of JOE and PTP on their platform, accrue ve-token boosts on those protocols, and pass that on to their users. Vector is the top owner of vePTP and veJOE on Avalanche.

Website | Twitter

About Degis

Degis is the next-generation all-in-one protection protocol, the first on Avalanche. Degis will offer exhaustive protection to users and traders, offer a decentralized protection market and ultimately bring scalable risk management to the crypto world.

Website | Twitter

SOURCE: https://degis.medium.com/degis-will-offer-protection-for-vector-finance-via-protocol-protection-baf97a48e8e

REQUEST AN ARTICLE

The post Degis Collaboration with Vector Finance appeared first on Smart Liquidity Research.