> For the complete documentation index, see [llms.txt](https://docs.vaultedge.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.vaultedge.fi/introduction.md).

# Introduction

**Vaultedge is a decentralized borrowing protocol that enables users to borrow against a wide range of assets, including blue-chip tokens, liquid staked asssets, vault tokens & much more.**&#x20;

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 [USDVE](/the-protocol/usdve.md) (an over-collateralized USD stablecoin). They can use the USDVE to purchase additional assets, hedge their position, or provide liquidity for additional rewards.

Vaultedge offers **zero interest** loans against yield generating collateral, enabling the best experience and capital efficiency for leveraging and self-repaying positions. During periods of high utilization or market stress, a temporary borrowing rate may apply to maintain protocol stability.
