0VIX

0vix0VIX is a decentralized finance (DeFi) liquidity market protocol developed to enable users to lend, borrow, and earn interest on digital assets. The protocol is built on the layer-2 Polygon network, allowing users of 0vix0VIX to bypass network congestion and high gas fees associated with the Ethereum network. By offering a liquidity pool, the 0vix0VIX protocol allowsenables lenders to earn passive income and borrowers to borrow in an over-collateralized manner. 0vix works to provide a protocol whichthat can remove barriers for users of DeFi protocols by offering a scalable and decentralized platform with a focus on approachability, ease of use, and low fees.

0vix0VIX, a decentralized finance protocol, was developed on the Polygon network by GOGO Protocol with the goal of making DeFi approachable for users of all experience levels. 0vix0VIX was developed to do this through community drivencommunity-driven token emissions, or voted-escrow tokenomics (veTokenomics);, and advancing jump rate interest models, intended to adapt to changes in market conditions and respondingrespond to competing protocol'sprotocols' APYs.

0vix0VIX's DeFi lending platform is a liquidity market protocol developed to provide users an approachable user experience and smart tokenomics to try and future-proof the protocol while making it attractive to all users, including DeFi veterans and relative newcomers. The platform offers a list of assets and stablecoins for users to invest to receive what the protocol developers call a competitive APU, whileand users can borrow against supplied assets whichthat are used as collateral against the loan. Further, interactions with the platform makesmake users eligible for rewards offered in the protocolsprotocol's native asset, VIX.

Voted-escrow tokenomics, or veTokenomics, is a token model originally launched by Curve Finance to combat problems with previous DeFi models; the main problem being protocols offering inflated incentives for platform usage to boost initial user growth, which could cause users, after earning most of the rewards, to dump the tokens and create a domino effect of panic selling. The original veTokenomics offers users an option to lock up their assets for up to four years, secure their funds, and boostingboost yields and voting rights, allowing. thoseThose with staked veTokens are able to dictate the allocation of the procotolprotocol's rewards, and decidingdecide on which pools rewards woudlwould flow into and increase the liquidity of certain pools.

0vix0VIX uses a market risk assessment approach through an agent-based modellingmodel to maintain the long termlong-term health of the protocol. To do this, 0vix0VIX assesses the risk by accounting for price trajectories of tokens, user actions (such as depositing, borrowing, and swapping), and user portfolios on the platform. With these three inputs, 0vix0VIX models the potential liquidation threshold of users, and the health of the protocol can thus be optimized using these results to reduce the overall risk to the protocol.

If rewarded VIX, the user can choose to lock up the asset for a predefined or custom time period, for which they will receive veVIX tokens proportional to the time period, which also gives users a chance to vote for the distribution of rewards across markets to all participants. 0vix0VIX implemented a pre-mining incentive program to boosboost user growth, TVL growth, and TVL stickiness, or how much capital could be retained in the protocol as a result of the campaign.

0VIX provides novel solutions to retaining liquidity, ensuring the health of the protocol and to foster the growth of the Polygon ecosystem.

0vix is a decentralized finance (DeFi) liquidity market protocol developed to enable users to lend, borrow, and earn interest on digital assets. The protocol is built on the layer-2 Polygon network, allowing users of 0vix to bypass network congestion and high gas fees associated with the Ethereum network. By offering a liquidity pool, the 0vix protocol allows lenders to earn passive income and borrowers to borrow in an over-collateralized manner. 0vix works to provide a protocol which can remove barriers for users of DeFi protocols by offering a scalable and decentralized platform with a focus on approachability, ease of use, and low fees.

0vix, a decentralized finance protocol, was developed on the Polygon network by GOGO Protocol with the goal of making DeFi approachable for users of all experience levels. 0vix was developed to do this through community driven token emissions, or voted-escrow tokenomics (veTokenomics); and advancing jump rate interest models, intended to adapt to changes in market conditions and responding to competing protocol's APYs.

0vix's DeFi lending platform is a liquidity market protocol developed to provide users an approachable user experience and smart tokenomics to try and future-proof the protocol while making it attractive to all users, including DeFi veterans and relative newcomers. The platform offers a list of assets and stablecoins for users to invest to receive what the protocol developers call a competitive APU, while users can borrow against supplied assets which are used as collateral against the loan. Further, interactions with the platform makes users eligible for rewards offered in the protocols native asset VIX.

Voted-escrow tokenomics, or veTokenomics, is a token model originally launched by Curve Finance to combat problems with previous DeFi models; the main problem being protocols offering inflated incentives for platform usage to boost initial user growth, which could cause users, after earning most of the rewards, to dump the tokens and create a domino effect of panic selling. The original veTokenomics offers users an option to lock up their assets for up to four years, secure their funds and boosting yields and voting rights, allowing those with staked veTokens to dictate the allocation of the procotol's rewards, and deciding on which pools rewards woudl flow into and increase the liquidity of certain pools.

0vix uses a market risk assessment approach through an agent-based modelling to maintain the long term health of the protocol. To do this, 0vix assesses the risk by accounting for price trajectories of tokens, user actions (such as depositing, borrowing, and swapping), and user portfolios on the platform. With these three inputs, 0vix models the potential liquidation threshold of users and the health of the protocol can thus be optimized using these results to reduce the overall risk to the protocol.

If rewarded VIX, the user can choose to lock up the asset for a predefined or custom time period, for which they will receive veVIX tokens proportional to the time period, which also gives users a chance to vote for the distribution of rewards across markets to all participants. 0vix implemented a pre-mining incentive program to boos user growth, TVL growth, and TVL stickiness, or how much capital could be retained in the protocol as a result of the campaign.

0VIX provides novel solutions to retaining liquidity, ensuring the health of the protocol and to foster the growth of the Polygon ecosystem.