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VTX

Vector Finance

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r/CryptoCurrencySee Comment

well, I do have VTX which is my AVAX-based play I suppose... But your point stands. Adoption is going to be an arduous journey IMO

Mentions:#VTX#AVAX#IMO
r/CryptoCurrencySee Comment

Alts are considered to be everything outside BTC. Some folks will say that ETH is outside the alt list, but that's a conversation you could call "projects too big\* to fail" \*This is all speculation, NFA Blue chips - projects that are deemed to not be shitcoins (by most, as this is a tribalist sector) include LINK and err... all depends on your views. Honestly, you have to read LOADS yourself, because ten thousand people on reddit will have eight thousand different views and / or criteria. Some folks follow the money, others will shout "decentralisation" others will bemoan DOG and MEME coins and then you have people chasing profits and idealists and everyone inbetween. My brother has a large interest, is invested in ten+ projects and loves AVAX as a mainstay in his portfolio. WHen he talks about it, he is articulate and informed. But those things will not necessarily win through because there is money to be made by instituitions too! I have ~~three~~ four coins in my portfolio, ROSE, VTX and ERG (and I snapped up some ICP yesterday). Having made and lost a fair sum since I looked into crypto in 2019. Am now just waiting and watching. **Stressing about crypto is really not good for you. Don't spend more than you can afford to lose, because - truly - this is something ranging from speculation... to gambling.**

r/CryptoCurrencySee Comment

As we await AVAX gaining momentum, we can’t forget about AVAX ecosystem coins. QI is a real potential money maker people. Here’s some info: DEFI will always be a prominent narrative during a bull run. Benqi has a good $360M TVL currently. It’s the tried and true lending, borrowing, and liquid staking platform on AVAX. Benqi as a platform has great utility. It’s on one of the most popular, low fee networks. When AVAX goes on it’s run, people will be looking for ways to participate in the ecosystem. Benqi is a premier feature on the AVAX network. QI has only 8B max supply. Currently 4B. Benqi has many partnerships. QI is the native token on Benqi. Benqi is the Aside from just supplying QI for APY rewards on the Benqi DAPP, Vector, another protocol, is giving you xQI for your QI. They are taking that QI you gave them (in exchange for xQI) and staking it to generate veQI which is used to vote for their own nodes. This generates sAVAX. They share that sAVAX with you based upon the returns shown in their app, but they are subidizing the returns right now with VTX (native token on vector finance) since it takes time to accrue the veQI. Also, Ignite, another protocol, will be letting us run an AVAX node with only 10% of the value of an avax node in QI. All great stuff. Can’t argue that a lending and borrowing platform has important utility. We know there’s going to be DeFi enthusiasts. If this stuff sounds foreign to you, trust me, there’s a market for it in crypto. DeFi isn’t going anywhere. ATH was .40….should do well upcoming bull run. I predict 10x in short to midterm. Could go much higher in a bull run.

r/CryptoCurrencySee Comment

Ok so it’s DeFi it might get a little confusing. Benqi has many partnerships. Aside from just supplying QI for APY rewards on the DAPP, Vector is giving you xQI for your QI. They are taking that QI you gave them (in exchange for xQI) and staking it to generate veQI which is used to vote for their own nodes. This generates sAVAX. They share that sAVAX with you based upon the returns shown in their app, but they are subidizing the returns right now with VTX (native token on vector finance) since it takes time to accrue the veQI. Also, Ignite, another protocol, will be letting us run an AVAX node with only 10% of the value of an avax node in QI. All great stuff. Can’t argue that a lending and borrowing platform has important utility. We know there’s going to be DeFi enthusiasts. If this stuff sounds foreign to you, trust me, there’s a market for it in crypto. DeFi isn’t going anywhere. Keep in mind Benqi has a good $360M TVL currently. It’s the tried and true lending, borrowing, and liquid staking platform on AVAX. Benqi as a platform has great utility. It’s on one of the most popular, low fee networks. When AVAX goes on it’s run, people will be looking for ways to participate in the ecosystem. Benqi is a premier feature on the AVAX network. QI has only 8B max supply. Currently 4B.

r/CryptoCurrencySee Comment

Fuck em and their shitty VTX coin.

Mentions:#VTX
r/CryptoCurrencySee Comment

You can stake your JOE on vtx for higher apy. depends if you want stablecoin payouts for JOE + VTX payouts. Also the risk of zJOE/JOE peg collapsing

Mentions:#JOE#VTX
r/CryptoCurrencySee Comment

Any AVAXers here? Looking for opinions on VTX.

Mentions:#VTX
r/CryptoCurrencySee Comment

Binance coin. Huge ecosystem of legit coins, low fees, and decent speed compared to #1 and #2. Seems obvious. May not be better tech but it’s established and easy to use. Etherium gas fees are Bullshit. I tried to stake $500 worth of VTX today and the wanted $10K in gas just to stake. So basically the #2 coin is unusable. I’m blown away why it’s so popular.

Mentions:#VTX
r/CryptoCurrencySee Comment

$RUNE, $TVK, $VTX, $BLES, $AIOZ, $POOLZ, $MATTER, bust most of all, $KPAD. All bought on the high of may just before the big drop, some have recover but there's still a way to go. Needed a lesson on risk management.