Abstract

VADER is a liquidity protocol that combines a hybrid algorithmic-collateralized stablecoin with liquidity pools enhanced via synthetic assets. The stablecoin, USDV, is issued by burning VADER tokens and Liquidity pools use USDV as the settlement asset. VADER liquidity incentives finance impermanent loss protection guarantees, thus making VADER pools more attractive to capital. It also enables the purchase of Protocol Owned Liquidity via Bond Sales. Synthetic assets are minted from liquidity pool shares which allow for single side staking with no impermanent loss.