🔥Introduction

vDEX, a leading-edge multi-chain platform in the DeFi sphere, introduces an innovative architecture with highly liquid non-custodial markets the are accessible fo everyone. At the core of the platform is a unique Automated Market Maker (AMM) which help to overcome liquidity challenges in DeFi. vDEX aims to provide services on multi-chains, starting with Solana and Sei.

vDEX's AMM design significantly mitigates the ubiquitous problem of high gas fees. It simplifies the adjustment of positions around price movements, bestowing a distinct advantage to traders and liquidity providers. Furthermore, vDEX's dynamic AMM enables automatic position adjustments and delta hedging when necessary, presenting an efficient, cost-effective trading environment.

Liquidity providers can express their views by staking different type of crypto asset. If they are bullish on the crypto assets in the portfolio of vDEX, they could stake in selected stable-coins of vDEX, or if they are bearish on one particular crypto asset, they could stake in that crypto asset. Why do that, you ask? Because you could still make profits even if you were wrong as you are aligned with all other VLP stakers facing traders’ directional bets on one particular crypto asset. Essentially, VLP stakers are buying an index asset, which is a basket of assets staked in the liquidity pool. VLP stakers’ pooled assets are also protected from excessive volatility by Dual Investment which sell European Options. VLP earn a total of 50% of the protocol revenue, and further 20% of protocol revenue if participating our stake-to-earn incentive program.

Traders, can either do directional trades, or subscribe to Dual Investment in order to collect option premiums by selling European call or put options. Therefore, traders can profit, independent of the market direction. Last but not least, vDEX pays you (!) to trade trade-to-earn program

Our tokenomics system introduces a dual-token system (VDX and VGO), which ensures that revenue gets distributed to the holders, but also promotes democratic decision-making through the vDEX Ecosystem. This allows the platform to evolve in sync with the needs, wants and preferences of its users. After extensive simulations, we are certain, that the tokenomics system guarantees the long-term sustainabilty and therefore the success of vDEX.

Currently, we have launched a test version on Solana, a prototype showcasing our ideas and salient features. We are developing a new version on Sei and expect to release a new beta version on Sei testnet in about 2 months.