Vector Finance – Time To Buy Crypto

Is it a good time to buy Vector Finance right now?

Current Price: $0.19

Average Daily Volume

Vector Finance is currently ranked number 1407 worldwide with a daily trading volume of $645,496.00, which it will make it not so easy for you to sell your holdings of Vector Finance.

Rating: 0/5

Market Cap

Vector Finance has a total market cap of $3,633,115.00.

Rating: 0/5

Community

Vector Finance has 12,967 total followers in all its social media accounts.

Rating: 0/5

All Time High

Vector Finance is currently -87.97% from its highest price $1.60 on 2022-04-08.

Rating: 5/5

Price Potential

The Vector Finance price has the potential to increase to $57.70 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Vector Finance right now.

Overall rating: 2/5

How to buy Vector Finance today?

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What Is Vector Finance?

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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