Whitepaper

VDEX is a leapfrog product with an array of innovations the Virtual Labs have spent three years developing. The exchange intends to offer the best of both decentralized exchanges and centralized exchanges. Specifically, VDEX differentiates itself by offering:

• Sub-millisecond finality (Best of CEX)

• Full self-custody (Best of DEX)

• Full chain abstraction

But perhaps most significantly, VDEX can offer something completely new and unprecedented--sustainable Bitcoin yield. Bitcoin has historically been a high-liquidity, low-yield asset, the only one of its kind.

The graph above demonstrates that Bitcoin's average yield is too low. While its yield should be lower than Ether's, the 3x size difference should result in at least 1.5% BTC APY, as Bitcoin is only 3 times larger, which is less than the difference between Polkadot and Ether (46x MC difference with 11% vs 4% APYs).

VDEX will be able to offer double-digit native BTC yield to liquidity providers.