Product Release: V-Lend Protocol V1
Slowly, Slowly...All at Once 💪
As we promised FAST product releases after going live with a SOFT LAUNCH after waiting for so long, here we are. V-Lend Protocol is now LIVE! 🥳
We are in the very early stages and all these products and features will be released every few days/ weeks as we work through UI changes and improvements, bug fixes, gather feedback and suggestions from the community and BUILD everything in the VTOPIA ecosystem with the community and for the community. All this while, throughout the first 2 months you also EARN BONUS vPoints for your $VTOPIA airdrop.
V-Lend V1 Features:
V1 is the popular P2P lending/borrowing. We will keep enhancing and improving this product at a rapid pace as we work through developing V2 which will help you buy NFTs on margin as you see on BLUR. Both versions of V-Lend protocol will also be integrated into RWA and others products we are building to help you seamlessly finance your needs.
Earn vPoints -> $VTOPIA for actuve Loans and Borrows.
P2P - Peer to peer. The loan is entirely a contract or an agreement between the lender and the borrower.
Non-Custodial - NFT will remain in your wallet but will be frozen in place as per the latest Metaplex Freeze capabilities.
Simple Lending - Pre-populated APY & Duration for frictionless, fast loans and borrows.
Advance Lending - Customizable Loans where you set your own Duration and APY and customize your loans.
Expirable - Let's you set an expiration for your loan offer's validity meaning, if for example, you set "Expirable" to 10 days, the loan offer will be valid for 10 days and someone has to take that offer within the 10 day period. This can protect you from lending against NFTs that has significant price drops over a longer period of time in case you forget that you have an open loan offer out there.
LTV - Loan to Value ratio. Setting safe LTV is super important as NFTs can have massive price fluctuations and we highly recommend leaving room for at least 30% dip in floor price to avoid going under water on your loans. So, please pay attention to LTV.
Enabled Collections: Not all collections will be enabled for V-Lend protocol as all other such protocol out there to protect you from ill intentioned floor price manipulation as we have seen before with some exisiting protocols. We will also publish a list of enabled collections shorly, but major collections are good to go.
Lend/Borrow from Individual Collections Page
Lend/Borrow from Main Marketplace Homepage - When you hover your mouse over APY you will see a Lend button pop up. Same with Borrow.
Stand Alone/Dedicated Tab for V-Lend Protocol - This is being worked on and will be released in subsequent updates.
Stay tuned for more & GRAB A VTOPIAN on VTOPIA! That's the alpha! 🕺
We are open for business!
We never gave up. After months of hard work, team buiding, community building, curating the UI to the community's likeness, we finally did a soft launch earlier today.
We will roll out advance features incrementally and launch several revenue generating products over the next 60 days starting with our native V-Lend Protocol in the next 24 hours.
As a thank you, early users will be awarded bonus vPoints marketplace user/trader rewards for all actions in Vtopia. vPoints will determine your $VTOPIA airdrop at TGE. $VTOPIA is the lifeblood of the Vtopia ecosystem and is backed by all the various revenue streams.
Additionally, traders will earn revenue rewards in $VTO and Vtopia NFT holders will receive revenue rewards from all our revenue streams in $SOL and vPoints for staking.
Knock your socks off and let us know what you think. We will listen you, take your recommendations and will do our best to develop the most community centric marketplace and tech hub on Solana.
https://t.co/P3yq5KLdEZ
Make NFTs Fun Again
&
Community is the Alpha.
Let's hear the loudest communities that are around and revving up for the NFT Bull.
You know it's coming. 🚀
𝐕𝐓𝐎𝐏𝐈𝐀 𝐒𝐓𝐀𝐆𝐄 🎙
Wen NFT bull? Let's discuss the future of Web 3 - NFTs, DeFi, RWA, IP/Brand plays, Tech, Onboarding & more.
Co-hosts:
@HelloMoon_io@TheHermansClub
Panel:
@PixelRainbowNFT@NFTLabz_@jaydegods
🔔 3:30 pm UTC, 11:30 am EST
https://t.co/X2cS8846bi
Doesn’t get much better than #DePIN and a Cold Storage Wallet…Giving away both…just have to retweet and follow to enter the #giveaway🙌 Shoutout to @OneKeyHQ and @soar_chain for the opportunity.