Introduction

Vaultedge is a decentralized borrowing protocol that enables users to borrow against a wide range of assets, including blue-chip tokens, staked assets such as Liquid Staked ETH, LP tokens, and VE Tokens.

When users deposit assets into Vaultedge, they continue to earn the rewards they would normally receive, without needing to actively manage their position.

Users borrow veUSD (an over-collateralized USD stablecoin). They can use the veUSD to purchase additional assets, hedge their position, or provide liquidity for additional rewards.

Vaultedge also supports borrowing against multiple assets, rather than limiting users to a single asset. This multi-collateral approach allows users to mitigate the risks associated with volatile assets by enabling multiple assets to serve as collateral, significantly reducing the likelihood of liquidations caused by asset volatility or flash crashes.

The multi-collateral mechanism also opens up various yield strategies that can be built on top of the Vaultedge borrowing protocol.