What is Vader Protocol?

Overview

VADER is a liquidity protocol that anchors a slip-based fee Automated Market Maker (“AMM”) with our native stablecoin, USDV.

USDV is issued by burning to and from the VADER token which acts as the stability mechanism.

Liquidity pools use USDV as the settlement asset while offering Impermanent Loss Protection and Synthetic assets (“Synths”), which are single sided liquidity positions that do not suffer from any Impermanent Loss.

An emission rate of VADER funds Impermanent Loss Protection and Liquidity Incentives mainly via Bond Sales to sustain long term protocol liquidity.

Factsheet (as of March 2022)