Introducing vUSD: The World’s First Privacy-Focused Stablecoin, Targeting A $3 Trillion Market Opportunity

TL;DR

• Vine Money is introducing vUSD, the world’s first privacy-focused stablecoin, built on Oasis Sapphire.
• With its unique blend of privacy, stability and omnichain functionality, vUSD will become the stable unit of account across multiple blockchains
• vUSD will form the basis of an entire privacy-centric DeFi ecosystem, unlocking everything from confidential supply chain financing to private remittances, and more.
• Finally, its novel decentralized governance model will bring Curve Wars dynamics to the Oasis Sapphire ecosystem with the “War Of The Roses”.

The First DeFi Solution To Balance Privacy Needs With The Stability & Reliability Inherent To Stablecoins

In an era of runaway government overreach, consistent data breaches, and mass surveillance of crypto assets, privacy has never been more important than it is now in the world of DeFi. So much so that in Consensys’ recent Crypto & Web3 report, 83% of respondents cited privacy as a top concern.

Currently however, DeFi users must choose between privacy and stability. There are a range of privacy-focused cryptocurrencies on the market but each of them is a speculative asset whose value is inherently tied to the volatility of the crypto market. Meanwhile, there are several stablecoin options whose value is pegged to the dollar, offering a greater degree of price stability but lacking the privacy that the market demands. This means there is currently no option offering both the privacy demanded by DeFi users and the stability required for mass-scale financial transactions.

This is where Vine Money comes in.

Targeting A $3 Trillion Opportunity With The First Privacy-Focused Stablecoin, Built On Oasis Sapphire

To address this need, Vine Money is introducing vUSD, the first privacy-focused stablecoin in the DeFi space. With the $124bn+ stablecoin sector rapidly expanding, it is expected to be worth $3 trillion within the next 5 years. Vine Money is well-positioned to capture significant market share by offering the vital privacy features missing from existing stablecoin solutions.

To achieve this, vUSD will be built on Oasis Sapphire, the world’s first confidential EVM. This ensures that the financial activities of vUSD users are not just secure but also private, and protected from unwarranted surveillance and exposure. As a Collateralized Debt Position (CDP) stablecoin, users will be able to mint vUSD by putting down DeFi assets as collateral. To begin with, the principal collateral option will be ROSE, the native token of the Oasis Network, in order to provide a completely private user experience from beginning to end. However, this is just the beginning. Vine Money will also be expanding its range of collateral options to include a diverse range of yield-bearing assets, including a liquid staked version of ROSE. This will mean that vUSD users can not only transact in privacy, but also earn interest as they spend.

Vine Money also plans to build towards an omnichain offering, enabling the minting of vUSD across various EVM-compatible chains to increase its liquidity and utility. With its unique privacy features, this will position vUSD to become the stablecoin of choice across the entire omnichain DeFi ecosystem. Taken together, this means vUSD will usher in a new era of private, secure, omnichain DeFi transactions with the price stability required for everyday financial use.

However, the vision for Vine Money does not stop there. Rather than being an end in itself, vUSD will form the basis of an entire privacy-centric DeFi ecosystem.

Laying Down The Infrastructure For A Comprehensive Privacy Focused DeFi Ecosystem

With its unique blend of privacy, stability and omnichain functionality, vUSD is well positioned to become the stable unit of account across multiple blockchain networks. These unique features will allow it to become a foundational tool for privacy-centric finance. Critically, it will become the ideal solution for any DeFi application where both stability and privacy are important. This includes everything from confidential supply chain financing to private remittances, and more. Capitalizing on this opportunity, Vine Money will support integrations into the full range of DeFi protocols, instantly offering their users the opportunity to make private, stable transactions. In doing so, Vine Money will lay down the infrastructure for a comprehensive privacy-focused DeFi ecosystem with vUSD at its center.

Furthermore, the development of vUSD on Oasis Sapphire EVM will meet the increasing demands for regulatory compliance in the financial sector. It allows Vine Money to provide the necessary transaction information for regulatory purposes while preserving the privacy of individual transactions. This will ensure that the new privacy-centric DeFi ecosystem built around vUSD thrives even as the DeFi market becomes more robustly regulated.

Bringing Curve Wars Dynamics To The Oasis Sapphire Ecosystem With The “War Of The Roses”

Whilst introducing the world’s first privacy-focused stablecoin and building out a privacy-centric DeFi ecosystem, Vine Money will also be providing stakeholders with the opportunity to earn money as the ecosystem grows. This will be achieved via an innovative decentralized governance model. At its center will be the VINE token, empowering users with governance rights and a share in the protocol’s revenue to promote a decentralized and community-driven ecosystem.

Additionally, users who stake their VINE tokens for veVINE will gain eligibility for an enhanced rewards boost, which acts as a multiplier on their potential reward earnings. This mechanism ensures that users who are deeply invested in the platform, both in terms of token amount and time, are adequately rewarded for their loyalty and participation.

Finally, Vine Money’s novel “War Of The Roses” incentivization structure will bring Curve Wars dynamics to the Oasis Sapphire ecosystem. Under this system, veVINE token holders will be able to actively participate in shaping the protocol’s future by democratically influencing how ecosystem rewards are distributed.

Welcome To The Future Of Private, Secure & Stable DeFi Transactions

The future of DeFi is not just decentralized; it’s private and secure. Vine Money’s vUSD is leading this change, making it possible for users to engage in DeFi with full assurance of privacy. This lays the groundwork not just for a major disruption to a potentially $3 trillion market but also for a comprehensive new privacy-centric DeFi ecosystem. With the addition of omnichain functionality and yield-bearing collateral options, vUSD will offer the full-set of features required to become the stable, private unit of account for the entire DeFi ecosystem. Meanwhile, Vine Money’s innovations to decentralized governance and unique “War Of The Roses” rewards distribution model will give every DeFi user an opportunity to share in its success.

We look forward to delving deeper into the details of how each of these features will work. In the meantime, make sure you are the first to hear about all the developments towards our upcoming launch and how you can participate, by following us on Twitter at @Vine_Money.