Our platform
Our products
Features
We offer structured financial products supported by decentralized, prepaid interest, and margin trading. These include Snowball, Snowball with Floor, Phoenix, FCN, and others. Through smart contracts, we lock the investors' principal and accrued interest on-chain, which mitigates the counterparty credit risk that arises when interest or principal payments are refused. Investors can directly purchase products with USDC or collateralize assets such as BTC and ETH on-chain to obtain credit. We lock the accrued interest of investors on the chain through smart contracts, thus investors do not need to worry about credit risk.
Investors can gain three types of income. First, collateral pool allows investors to maintain exposure while holding constant crypto asset quantities. Second, structured products likely offer stable return on investment. Third, investors can earn yield from the collateral pool, which accrues interest from other smart contract-managed, decentralized lending platforms.
Our unique margin system lets investors issue or purchase multiple structured products simultaneously. This system internally nets out the Greek letter risk in their positions, significantly improving capital efficiency for both investors and product issuers.
Underlying Asset
BTC and ETH serve as the main underlying assets, and we plan to include more in the future as our business expands.
Application Scenarios of VETA Platform
For Individual Investors
Individual investors can utilize USD stable coins, BTC, ETH for investments and achieve returns free of counterparty credit risk.
For High Net Worth Investors(HNWI)
High net worth individuals and institutional investors can specify product requirements through a Request for Quotation (RFQ) system, with product issuers providing competitive quotes.
For Cryptocurrency Miners
Owners of mainstream cryptocurrencies such as BTC, ETH can pledge their holdings on the VETA platform, receiving a credit limit to purchase products and obtain coupon income without counterparty credit risk.
For Institutional Market Makers
Institutional market makers can issue different types of structured products on the platform.
For Off-Chain Agreement Investors
Off-chain agreement investors can use the platform to facilitate risk-free, on-chain agreement signing for structured product transactions. VETA platform can provide valuation, settlement, and risk management services.
Our Platform Systems
COSIS Margin System
VETA's COSIS margin system is dedicated to reducing counterparty risk. We utilize a netting calculation to determine the total risk exposure of the products held by investors. This approach helps to calculate the minimum capital amount required, thereby maximizing capital efficiency for both investors and product issuers.
OTC Request For Quotation(RFQ) System
VETA officials and selected product issuers offer quotes for structured products. Investors can also request quotes from issuers. VETA platform is committed to matching transactions for both parties and injecting liquidity into the market.
Automatic Dynamic Hedging System
VETA has a fund custody pool that can perform dynamic hedging, allowing the platform to conduct hedging transactions 24/7, offering customers higher product expected returns. If investors choose official fund custody pool products, they will default their funds into the platform's pool, where the platform executes hedging transactions and disburses returns.
Valuation & Monitoring System
VETA provides a valuation system for nonlinear exotic options, enabling the valuation and pricing of exotic option products and risk stress testing. Users can view the theoretical valuation and margin status of current products in real time, facilitating investment decision-making and capital management.
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