Loading live Vertex data
Roadmap · Phase 3
Stake VERTEX and you vote on the allocator's vault whitelist, weight limits, deposit cap and how its fee is split between buybacks, stakers and the treasury. A proposal that passes still waits the allocator's 24 hour review window before it applies. Stakers earn their share of the fee in USDG.
Not deployed yet
Four contracts, each compiled from the published source and run end to end in a multi block simulation against the real chain before deployment:
VertexStaking.sol VertexGovernor.sol VertexFeeSplitter.sol VertexLendingModule.sol
Votes are staked VERTEX, counted at a snapshot one day after a proposal is made, so nothing staked afterwards counts and nothing can vote twice by changing hands. A proposal passes with more for than against and 4% of the stake taking part. Unstaking removes the votes at once and returns the tokens after seven days.
The allocator's 0.30% deposit fee goes to the fee splitter. Anyone can distribute it; stakers receive their share in USDG, pro rata to their stake at that moment, and claim it whenever they like. Governance sets the split.
A module is a contract that answers to the allocator exactly like a stock vault, so governance can whitelist it without changing the allocator. The lending module supplies USDG to the META lending market and prices its shares from what the market holds. It fails closed while the market's oracle is unavailable, like the vaults.