Project name: Vaultka
Project description:
Vaultka is a yield optimizing protocol that focuses on strategies for Perp DEX LP. The protocol offers a variety of strategies, including LP Leveraging, Delta Neutral strategies, Indexing strategies, and Lending pools, where these strategies enhance users’ earnings while managing risk according to their preferences. In just one year, Vaultka has injected over $30 million into the ecosystem, driving up TVL by 180% for some partnering Perp DEX. It serves as a conduit, connecting those seeking steady returns with the dynamic world of Perpetual DEXs, benefiting both sides of the market.
One-liner: A yield optimization protocol for Perp DEX LP strategies
What can users do on your project?
- Leverage real yields collected from Perp DEX LPs with zero interest rates.
- Earn leveraged real yield while hedging against price exposure of specific volatile assets.
- Secure higher-than-market lending yields with lending pools while maintaining price exposure on underlying assets.
- Earn bribes by voting with locked $VKA tokens.
How is this integrated with Jupiter?
Vaultka’s integration with Jupiter will enable users to leverage JLP up to 10x and earn multiplied real yield from Jupiter Perpetual DEXs, including trading fees and trader’s collateral from losses. Users can deposit SOL or USDC to open leveraged positions on JLP and borrow additional SOL and USDC, thereby creating leveraged delta hedged or long positions with JLP and its real yield.
Team member(s) with Social handles & Discord handles:
- Mic - Lead Business Development - @cwypo
- Tai - Research Lead & Project Manager - @tky0301
- Mr. Gorilla - Marketing Lead - @Mr_Gorilla_eth
- Ron - Product Manager - @tssssg
- Matt - Project Manager - @matthefi
Background information in the ecosystem - previous projects or web3 experience:
Our team possesses diverse development experience, including traditional finance, inflation-pegged collateralized currency, decentralized finance, perpetual decentralized exchanges, and smart contract auditing.
Our vision
Why did you build the project?
Vaultka aims to maximize potential yield for liquidity providers on various Perp DEX platforms. We have implemented customized strategies to enhance the attractiveness of Perp DEX LP tokens and channel more liquidity towards Perp DEXs. This approach creates a win-win situation for liquidity providers and Perp DEXs, benefiting both parties.
How does your project fundamentally change the web3 space?
Vaultka offers innovative solutions to maximize liquidity providers’ rewards, allowing users to earn high real yields from Perp DEX LP tokens with limited capital by utilizing our leverage feature. Furthermore, our innovation has established a channel to connect users’ capital to Perp DEXs. We believe our integration will bring more liquidity to support Jupiter’s perpetual DEXs, enabling users to earn multiplied JLP yields.
What are your upcoming plans for the project?
- We are committed to providing the best security for our users and have already conducted an audit with Zokyo. We will proceed with additional audits on our contracts to create an extra layer of security for our users.
- Explore the option of Leverage Delta Neutral strategies on JLP, in addition to just SOL hedging.
- Develop chain abstraction products that bring Arbitrum capital onto Solana using our connections and networks.
- Implement yield tokenization strategies on JLP, allowing users to earn fixed yields or speculate on the yield curve of JLP.
About Vaultka
Website: https://www.vaultka.com/
Docs: https://docs.vaultka.com/
Twitter: x.com
Telegram : Telegram: Contact @vaultkaofficial
Discord: Vaultka🍾
Linktree: Vaultka | Linktree
Medium: https://medium.com/Vaultka
