XPTP xPTP

$0.00007216

xPTP (XPTP) Price Chart

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1H -
24H -
1Y -87.78%

Rank #N/A
Market Cap 0.00% -
24H Spot Volume 0.00% -
24H Volume / Market Cap -
Circulating Supply -
Total Supply -
Max Supply 300,000,000.00
Fully Diluted Valuation $21,649
API ID xptp
Project Start Date -
Contracts & Explorer(s) 0x060...2f3e1
Websites Website
Links

About XPTP

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.

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