Ready Layer One

VEAX Building a Better DeFi Experience: New DeFi platform launching on the NEAR blockchain.

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VEAX Twitter https://twitter.com/veaxlabs

VEAX website https://veax.com/
James Davies https://twitter.com/jlldavies

VEAX is an advanced decentralized trading platform built on NEAR Protocol. It aims to address the issues of price manipulation and asymmetry in the market. The platform operates on a form of Automated Market Maker with a concentrated liquidity pool and variable price fees to provide equal participation opportunities for individuals with different levels of capital.


Highlights

  • VEAX is a decentralized finance platform that aims to address the issue of price manipulation in the derivatives market.
  • It implements a transparent book-building process through an Automated Market Maker (AMP) solution with a concentrated liquidity pool and variable price fees.
  • The platform is accessible to both small and large unit owners, making it more inclusive.
  • The goal is to provide a user-friendly experience similar to centralized exchanges with comprehensive frontend analytics, data socials, and mobile accessibility.
  • VEAX is future-proofed to ensure compliance and regulation and will choose an accredited country that recognizes its rules and regulations.
  • The main challenge for decentralized finance is the wallet interaction process, and VEAX aims to provide a comprehensive experience for users, similar to a Robin Hood app.
  • The futures market is a zero-sum game with buyers and sellers putting in collateral to cover their exposure.
  • Transparency in the market is related to the risk, with a utilization ratio on the collateral available for view.

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    Joe https://twitter.com/joespano_

    Jared https://twitter.com/jarednotjerry1

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    Aurora (NEAR EVM) https://aurora.dev/

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