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.
What is the highest value xPTP (XPTP) has ever reached?
xPTP (XPTP) reached its peak price at 3.57 $ on 10 April 2022, approximately 3 years ago ago. Presently, the current price is -99.99% lower than this all-time high.
What is the historical minimum price for xPTP (XPTP)?
The minimum price reached for xPTP (XPTP) was 0.00004463 $, documented on 21 August 2024, more than a year ago. In comparison, the current price is 53.26%, it above this historical low.
What is the fully diluted valuation of xPTP (XPTP)?
The fully diluted valuation (FDV) of xPTP (XPTP) stands at $ 818.21. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 300,000,000 XPTP tokens. The realization of this FDV might take several years depending on the emission schedule of XPTP tokens.