Vector allows users to deposit stablecoins and LP tokens to earn boosted yield from the Platypus and Trader Joe platforms, without having to stake their PTP/JOE and worry about accruing vePTP/veJOE.
Depositors are able to take advantage of our ample vePTP and veJOE balances and utilize that for a boosted yield in PTP, JOE and VTX.
Users can also provide liquidity on Trader Joe and receive rewards via our governance token, VTX.
Vector turns your PTP and JOE into productive assets by allowing you to convert them to xPTP and zJOE, which can then be staked to earn a share of Vector's performance fees.
Vector utilizes the tokens converted on the platform to stake on Platypus / Trader Joe, accruing vePTP and veJOE into perpetuity since we will never sell.
Our vePTP/veJOE balances are then used to boost stablecoin/LP yields on Vector, generating revenue for our protocol.
xPTP and zJOE stakers receive ~60% of Vector's revenue, plus additional rewards via our governance token, VTX.
vePTP holders have a special airdrop from Vector Finance waiting for them.
Airdrop