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Vector Finance 🔺 Profile picture
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Feb 6 • 8 tweets • 4 min read
Our pools for @Platypusdefi's stablecoin $USP are now live!

You can deposit $USP today and start earning boosted $PTP yield. Learn more about $USP in our thread below 👇
1) $USP is @Platypusdefi's latest innovation on #AVAX

It's an over-collateralized stablecoin, backed by deposits on Platypus Finance 😍

docs.platypus.finance/platypus-finan…
2) Users can borrow against their deposits on Platypus for $USP.

That $USP can be utilized on Platypus Finance to provide liquidity or swapped for other stablecoins.

Other DeFi uses for $USP are coming as well!
3) The $USP stablecoin is always over-collateralized and pegged to USD.

It maintains that peg through a unique stability fee that increases or decreases based on coverage for the pool.

4) Vector's new $USP pools allow you to deposit $USP for boosted $PTP yield. Our enormous stockpile of $vePTP ensures you're getting the biggest boost on #AVAX
5) In the future you'll see $USP deeply integrated into the Vector protocol. Users will even be able to mint $USP against their deposits in our @Platypusdefi pools!
6) Start earning with your $USP by depositing on our site today: vectorfinance.io/pools

You can deposit in our manual pool or in the autocompounding variety.
7) Want to keep up on the latest Vector Finance news? Make sure to join our Discord for all the alpha!

--> discord.gg/vectorfinance <--

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More from @vector_fi

Vector Finance 🔺 Profile picture
Jan 30
Alright, we all know you're busy earning and we're busy building so let's keep this short and sweet: it's time for a project update! 👇
1) The Vector team has added more autocompounding pools!

You can now autocompound the core LPs for Vector: migrate your VTX/AVAX, zJOE/JOE, and xPTP/PTP over using our UI now!

Learn more: docs.vectorfinance.io/vector-protoco…
2) Our ankrAVAX pools are now live! Stake $AVAX / ankrAVAX to earn $PTP yield or autocompound on our site.

ankrAVAX is the liquid staking derivative of #AVAX from @ankrstaking and automatically grows in value over time.

Stake to get started: ankr.com/staking/stake/…
Read 11 tweets
Vector Finance 🔺 Profile picture
Jan 11
Bear, bull, doesn't matter Vector 👏 devs 👏build 👏

Let's talk about what's new👇
1) Autocompounding pools are now live on Vector 🤩

We're temporarily lowering our protocol and LVTX fees on those pools to zero for the next two weeks.

You can migrate over easily using our pool UI!

Learn more: docs.vectorfinance.io/vector-protoco…
2) When we do add back fees they will be the *lowest* of any autocompounder for our pools.

Low fees = better APY for our users!

You can view the normal fee structure here: docs.vectorfinance.io/vector-protoco…
Read 7 tweets
Vector Finance 🔺 Profile picture
Dec 20, 2022
Autocompounding pools are coming to Vector! Let's break down what that will mean🧵👇

Once the new pools are live users will be able to deposit into our autocompounding pools on @Platypusdefi and @traderjoe_xyz.

The boosted rewards for these pools will be traded for the underlying asset and deposited back in.

APY time, baby! 🔁🔁🔁
We'll also allow users to deposit into our autocompounding core pools for $xPTP, $zJOE, locked $VTX, zJOE/JOE, xPTP/PTP, and VTX/AVAX.

The rewards for these (except $VTX) will be autocompounded back into the underlying pool. 🏦⬆️📈
Read 8 tweets
Vector Finance 🔺 Profile picture
May 2, 2022
Let’s talk about how Vector Finance can maximize your yields on @AValancheavax, no matter your risk tolerance. 🧵time!
1) Vector’s bread and butter is stablecoin farming 💸 We’ve got all of the big boys covered, along with the lovely Alt Pools on @platypusdefi.
2) Want to keep it as safe as possible? Our APR for native $USDC is 5% and for $USDT is 6.7% thanks to our boosted $PTP yield.
Read 12 tweets
Vector Finance 🔺 Profile picture
Apr 20, 2022
We certainly entered the #JOEWars with a bang! 💥 Since yesterday, over 8.23 million $JOE have been converted on Vector Finance. We are now the top deposited protocol in the veJOE pool, and quickly accruing veJOE! 👊

A 🧵for you.
1) #JOERush came out hot — we had 3 million $JOE converted on Vector in about 2 minutes. Leading up to the launch, we saw the traction we were getting and the team anticipated this might happen, so we made a plan.
2) We decided that if JOE Rush sold out in <5 minutes, that we would add an additional 500k $VTX but at a reduced rate of 1:12. This would give everyone a chance to participate who wasn’t able to get into the first round.
Read 13 tweets
Vector Finance 🔺 Profile picture
Apr 18, 2022
1) Announcing our JOE RUSH program!

🗓️ Tomorrow, April 19th @ 6PM UTC
➡️ Convert $JOE on vectorfinance.io/stake
🔥 500k of bonus $VTX incentives
🏃‍♂️ Only the first 3 million $JOE are applicable

Help us spread the word!
Like & Retweet this 🧵for a chance to win 1,000 $VTX
2) Vector is entering the #JOEWars with a bang💥
The first 3 million JOE converted on Vector will receive bonus VTX! This is on top of rewards received from staking $zJOE 🔥
3) You'll be able to convert $JOE to $zJOE starting April 19th at 6PM UTC.

During #JOERush, for every 6 $JOE you convert, you'll receive 1 Locked $VTX. While locked, that $VTX will earn protocol revenue (xPTP & zJOE) + bonus $VTX rewards. It will unlock after 16 weeks 🔓
Read 7 tweets

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