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Vee.Finance (VeTokens) is a DeFi lending platform for both traditional funded and crypto users. It aims to bridge the gap between traditional finance and DeFi and provide users with better digital asset management services. Users can participate in deposits, loans, long and short positions, and other features. The mission of the project is to lower the barriers for traditional users to participate in DeFi and optimize the efficiency of global asset allocation.
Make Crypto Very Easy to Access
Bridge the gap between traditional banking and crypto Defi Earn fixed/flexible return on deposited assets.
Ethereum-Avalanche
We provide a bridge by locking assets in Ethereum and transfer them into your Avalanche / MetaMask wallet.
Fiat-Avalanche
Buy crypto currencies with your debit card or credit card with USD/AUD/EUR in third parties.
CEX-Avalanche
Centralized exchanges also provide an easy way to get AVAX, which is the platform currency for Avalanche. You can use AVAX to pay for transaction fee and deposit AVAX into Vee.Finance directly.
Beneath the surface of the financial system as we know it, traditional finance includes a large network of companies involved in investing, lending, debt, money markets, lending, insurance, and everything related to money management. These traditional financial systems are highly centralized and are usually run by commercial companies.
Today, traditional financial systems around the world run on fiat. Central banks print money that is not backed by real assets and lend it to banking institutions. Banks have a huge advantage because they get loans directly from the central bank at a low rate. The banks then come back and lend that money at a higher interest rate and take the difference.
Wouldn't you like to be able to borrow from a central bank and then lend it out at a higher interest rate and pocket the difference? This is where DeFi comes in.
You can think of DeFi as a blockchain-based financial system that makes everything open to everyone at all levels. DeFi opens up the world of finance and puts it in the hands of the people.
DeFi is a financial system that functions without any intermediaries such as banks, insurance companies, or clearing houses, and is driven solely by the power of smart contracts. DeFi applications aim to provide traditional finance services, but completely permissionless, globally and transparently.
DeFi protocols allow you to borrow or lend money in large amounts between unknown participants and without any intermediaries. These apps connect lenders and borrowers and automatically set interest rates based on supply and demand. Moreover, these protocols are truly inclusive, as anyone can interact with them at any time, from any place, and with any volume.
If you put money in the bank, you naturally believe that the money will be there. This trust is backed by the government, which will enforce the laws if the financial institution does something illegal.
In DeFi, trust comes from the open source smart contract. Smart contracts allow developers to create financial applications with rules written in code. Since smart contracts run on the blockchain, they are always active and follow the rules no matter what. Since the code is open source, anyone can look under the hood and see how the contract works. The collective effort of people is what brings the trust factor to the DeFi community.
The mission of Vee.Finance (VeTokens) is to reduce barriers for traditional users to participate in DeFi and optimize the efficiency of global asset allocation.
-Extremely high capital utilization: Vee.Finance's unique lending + DEx model provides a transaction scenario for lending and borrowing, which greatly increases the frequency and scale of lending and therefore the use of capital. Vee.Finance offers up to 3x leverage for trading.
-DeFi Participation Threshold Lowered: Vee.Finance has a very low transaction fee of over 4,500 transactions per second, significantly lowering the threshold for participants. Borrowing and trading, enabling users with small amounts of capital to participate in DeFi.
-Convenient and secure trading experience: A simple and clear user interface allows users to perform a long or short trade / stop loss setting in one step, minimizing the threshold for new users; In terms of funds security, the Vee.Finance smart contract code has been audited by Certik.
Each active supported by the Vee.Finance protocol is integrated through the VeToken contract. By creating VeTokens, users can earn interest through the VeToken exchange rate, which increases in value compared to the underlying asset, and are able to use the VeToken as collateral.
VeTokens is a means of interfacing with the Vee.Finance protocol; When a user mints, redeems, borrows, repays, liquidates a loan, or transfers a VeToken, they will do so using the VeToken contract.