Update on $VEC with some FAQ for those of you that have been asking. You can also feel free to reach out in the gc or to me directly since I know this stuff is confusing and a lot is still unclear.

On a side note, I spoke at length with the team today and brought them some proposals for UX/UI improvements and they were very receptive and keen to improve UX! I'm very bullish on this, especially considering how much capital seems to be sidelined and confused because it's still too early for there to be an abundance of accessible information on how this stuff works. It's not that complicated if you're willing to put in the research, but it's crypto so most people aren't. Team seems very intelligent.

Let's start with FAQ

Is there an unstaking period if I stake?
No. Staked VEC can be unstaked at any time for VEC, and svETH can be unstaked for vETH as well. If you hold either I don't see any downside to staking.

How do svETH rewards work?
Ok so this one is interesting. A lot of people were confused and think that svETH is not actively yielding rewards, but it is. You do not receive additional svETH. The value of svETH is raised after every epoch, meaning that the conversion from svETH to vETH is no longer 1:1. Depending on the conversion rate when you unstake, you receive more vETH than the svETH you're unstaking. currently the value of svETH is 1.002 vETH

What are bonds?
Today, Vector released bonds. This actually seems to solve some of the challenges that Ohm / Olympus faced, and allow you to purchase bonds to aid the protocol in bolstering liquidity & collateralization and get rewarded with discounted $VEC. Bonds are issued on a 7 day vesting term and have varying 7 day ROIs depending on the underlying asset pair.

Can I exchange vETH back to ETH?
Contrary to popular belief, yes. You can swap your vETH using Curve Finance. Curve also has pretty good APY right low for providers.

Is Vector audited?
Yes. I've confirmed that the protocol has been audited by an independent auditor, with another independent audit as well as a full scale audit with a trusted firm on the way. These things take time, especially when done with firms, but I'm quite confident in the platform and have 10 vETH staked as well as 3000 VEC.

Where should I be focusing my capital to profit the most from this?
Currently I recommend keeping it simple and waiting for things to continue to play out. Buy $VEC and stake it. I have some vETH staked, but I'm personally not touching bonds for the time being and recommend that you stick to $VEC unless you understand DeFi and have more capital to allocate. I think that holding spot $VEC and earning yield with it is still very lucrative for the time being, but in the future you may want to explore other facets of the protocol as well to maximize your returns.

Currently still holding $VEC and accumulating slowly on dips. Staking 10 vETH. Not farming Curve pool or bonds but I'll update if that changes.

Crossposted to Twitter if anyone would like to read in thread format or share.

https://twitter.com/maybectrlfreak/status/1751184337221902619

If you're coming here from Smol's chat you're in a better place now <3

I'd recommend that you all join https://news.1rj.ru/str/smolinsanity as well. One of the few other groups I keep up with. Smol is based and has blessed me with many good cooks that I'd have missed entirely.

Good weekend frens.

If anyone wants to learn more about $vec I'd encourage to head down to my good fren's channel to hear what he has to say.

The guy is really big brained. He has an awesome post about VEC detailing out his strategy and thoughts.

https://news.1rj.ru/str/crowdctrl/49

Volume was low and chart was pretty flat.

I push one thread and FAQ and VEC is now pumping again.

I'm not even a big account or "influencer". I'm not taking credit for the whole move, but I genuinely believe a lot of that is sidelined capital coming in now that they have clarity on mechanics.

Once Vector improves UI for clarity and more people pick up on this and spread information to make it more accessible I'm convinced we can rip much higher.

$100.

Quick call bc it seems early but I just aped this. Very high risk but found the website and it's solid / high effort so if you're itching for a gamble here it is.

8gmRxUK2ppxrS4Uj1ufA45AXgXw2CzBCgasEmDVxezFC
https://kerropi.site/


Punted 25 sol

Regarding $VEC, this is for those of you that want to know what you should be staking on Vector / whether to mint vETH

https://twitter.com/maybectrlfreak/status/1751299641109320043

If anyone wants a 41MM Datejust w/ black dial for retail ping me in chat before it's gone

Too similar to my watch but don't wanna waste deal lol

I’m assuming that now that Zeus has literally confirmed the connection between Ohm core contributors and vector / $VEC himself I can stop posting breadcrumb trails now. It’s official.

So we know for a fact that the developers have both the pedigree and the network, + tailrisks related to protocol security just became negligible

Huge?

It's gone. Bought by @Suganarium

Congrats on the new watch glad I could hook up a homie <3

ERKYpXQNHXNJxgWBt9X5CSs4w1SSLWmXMsm1zRCoiqPs

dev sold his coins prob why the liq is so dogshit ... it's up a lot it's already a pvp coin

degens only u know what ur signing up for

Posted this unofficially in gen chat and we're alr up bigly but seems like a few big players are trying to get the jeet dev rekt

Risk 10/10 full gamble but could pop

I'd like to bump this considering the group has nearly tripled in size since this was posted and it remains a very compelling thesis imo.

The reason I'm posting this now is because a 7 figure wallet just randomly dumped 20 ETH into it in one clip. This isn't particularly insightful but interesting enough to mention. If you haven't checked this post out, check it out. Noticing some accumulation happening recently and don't want people to forget about this one because I think it'll be a hit eventually.

It popped lmao. If you took the risk on this one with me last night you're up about 15x from our initial entry. Probably a good time to take some profits if you haven't already since I've noticed a lot of you like to round trip literally everything.

By the way, we're officially past 1K subs in the channel! If you haven't already joined us in the discussion gc, you should do that now and join t.me/thectrlroom so you don't miss out. There's a great community forming in there.

Did not expect that the channel would blow up this quickly but 1,000 in the first week is huge. Appreciate all the support <3

Fortnite tip of the day:

Nobody has ever lost money taking profits.

Also let this be a reminder that if you're not in the discussion gc at t.me/thectrlroom you're getting 50% of the value that the people in both are lol

You prob sell $MILK now

rEMEShH9JMJixvouzRXYEoXqN3UhFfxBx3Xt4v1BUv4 is fucking teleporting upwards out of nowhere so I just aped

Looks like a possible revival. High risk.

Again, if you're not in the t.me/thectrlroom discussion channel you're missing out.

If you bought this when we were degening you're up 30x now.