What Is Vader Protocol (VADER)?
VADER is a decentralized liquidity protocol that anchors a slip-based fee Automated Market Maker (“AMM”) with a native stablecoin, USDV.
Main Features of VADER Protocol:
- VADER is the native utility token.
- Stablecoin stabilized by burn-to-mint between VADER<>USDV.
- Liquidity incentives to bootstrap demand for USDV and Protocol-Owned Liquidity (“POL”) via Bond Sales. This supports the backing and purchasing power of the stablecoin as more reserves are built up in the protocol treasury.
- Automated Market Maker for Liquidity Providers (“LPs”) with,
- Continuous Liquidity Pools (“CLP”) maximizes fees generated for LPs via Slip-Based Fees.
- Impermanent Loss Protection (“ILP”) to protect long term LPs over 100 Days
- Synth holders are single-sided LPs that face no Impermanent Loss (“IL”).
How Many VADERS Coins Are There in Circulation?
VADER Protocol launched on November 26, 2021 with an initial liquidity supply on Uniswap of 267 million VADER tokens. Maximal supply of VADER is fixed at 25 billion VADER tokens, of which 50% is distributed between liquidity incentives, ecosystem growth and partnerships. 30% is allocated to previous holders of the proof-of-burn distribution protocol VETHER with half of the supply locked in a 1-year linear block vesting. 10% is allocated to the Team with 2-year linear block vesting. Current VADER token supply is 3.4 billion VADER tokens. The project was entirely fair launched with no funds raised to date.
Who Are the Founders of VADER Protocol?
VADER Protocol consists of a Team of 7 experienced solidity developers with 3 front-end developers and 3 operational team members making a ground total of 10 members working with the VADER Protocol community to build an all-in 1 DeFi Protocol. One of the core Team members is already doxxed.