Vector Finance Private Limited
Information by Research TrustFinance
Vector Finance Private Limited is the registered corporate entity that operates the public-facing DeFi protocol known as Vector Finance. The protocol is built on the Avalanche network and is designed to enhance yields for users participating in other DeFi platforms, primarily Platypus Finance and Trader Joe. By accumulating governance tokens (PTP and JOE) and converting them into yield-bearing assets (xPTP and xJOE), Vector allows users to earn boosted rewards on their stablecoin and liquidity positions without needing to stake the governance tokens themselves. This makes it a key component of the "veTokenomics" ecosystem on Avalanche, providing a service for both liquidity providers seeking higher returns and token holders looking to earn passive income.
India
Industry
- CryptocurrencyPRIMARY
Crypto
- Other Service
Financial