Short or long vault tokens? Whats next? RWAs, memecoins, project TGE's...
O my
We created a new Ammalgam Pair between our WETH vault token ammVWETH and WETH. The pair allows vault depositors to borrow WETH against their vault position in order to have the same or greater vault exposure with less required WETH.
The vault is the market maker of the pair, thus the interest charged for borrowers of WETH, and swap fees from entering and exiting the vault benefit the vault holders directly.
This is just the beginning of our endeavor to create pure DeFi lending on ANY TOKENS! What should we add next?