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1  Alternate cryptocurrencies / Tokens (Altcoins) / [ANN][vSPACEX] vSPACEX by ItoVault | Defi Pre-IPO Token Pegged to SpaceX on: March 04, 2021, 05:20:49 PM


Latest Version: vSPACEX Itovault V1.0 Release - Buy on Uniswap here.

vSPACEX by ItoVault is an open source, decentralized finance (defi), pre-IPO token that tracks the common share price of SpaceX.  vSPACEX offers a way for users to be exposed to the returns of SpaceX, which is still a rapidly growing private company. 

vSPACEX is an ERC-20 token trading on the Ethereum mainnet blockchain.  The value of vSPACEX is backed by ETH locked in a vault, similar to the MakerDAO/DAI system.  No centralized custodian or counterparty needs to be trusted for vSPACEX to hold its value.  Vault owners must maintain ETH in a vault above a safety margin.  If the ETH is below that margin, the vault may be liquidated by anyone in the ecosystem to claim a reward.  This incentivizes vault owners to overcollateralize the vSPACEX.  Vault owners who deposit ETH and mint vSPACEX can lever up their long ETH and short vSPACEX position.  After SpaceX IPOs, vSPACEX settles to the price of a SpaceX share as publicly traded.

Quick vSPACEX Facts:

- Based on the open-source ItoVault system.
- Decentralized finance: a smart contract holds the backing funds, not any counterparty.
- Corporate actions on SpaceX automatically integrated into price.  Just buy and hold vSPACEX to capture the holding value of SpaceX.  No locking or complex transactions needed.
- Currently a 50% maintenance margin for vaults.
- No system fees for using vSPACEX.
- ERC-20 token standard.
 

Main Pages:

Whitepaper
https://itovault.com/wp-content/uploads/2021/03/vSPACEX-V1-Whitepaper-by-ItoVault.pdf

Uniswap: Buy, Sell, or Provide Liquidity:
https://app.uniswap.org/#/swap?outputCurrency=0x44e28f2acc84c36373badcd681749d38e01e2cc4

Mint vSPACEX Tokens:
https://itovault.com/vspacex-tools/

Other Pages:

Blog:
https://itovault.com/own-spacex-with-the-vspacex-token/

FAQ:
https://itovault.com/faq/

Etherscan Smart Contract Address:
https://etherscan.io/address/0x31ce064c35e03f0bc9d746835e25a98d944a24d3#code

Buy vSPACEX on Uniswap:
https://app.uniswap.org/#/swap?outputCurrency=0x44e28f2acc84c36373badcd681749d38e01e2cc4

2  Alternate cryptocurrencies / Altcoin Discussion / What drives alt season? on: January 11, 2021, 09:17:32 PM
I've been seeing lots of posts here and on twitter about altcoin season.  But other than a backward-looking phrase (that's not useful for forward trades), what is alt season?  Are there times when alts pump and, crucically, we can predict alts will pump even more?  Or is it purely "hindsight is 20/20" way of looking coin prices?
3  Alternate cryptocurrencies / Altcoin Discussion / What derivative tokens would you like to see on the blockchain? on: January 09, 2021, 07:14:25 PM
More asset classes are on the blockchain:

- You have currencies through USD Tether, USDC, or DAI.
- You have chance that Trump gets elected, a bunch of Altcoins.
- Traditional finance assets like indexes are being put online by Synthetix (FTSE/NIKKEI) and me at Itovault ( S&P 500 Index on the blockchain as a defi ERC-20 token).

What other assets would you like to track on the blockchain?  Why did you choose the above?
4  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][vSPY] vSPY (itovault.com) | Defi Token Pegged to S&P 500 Total Returns on: January 08, 2021, 06:10:28 PM


Latest Version: vSPY Itovault V0.1 Release - Buy on Uniswap here.

vSPY by ItoVault is an open source, decentralized finance (defi), token that tracks the S&P 500, with dividends included in the token price.  vSPY offers a token that has better returns than stablecoins.  vSPY do not need to be locked, sold, or otherwise transacted to capture the full benefits of owning the S&P 500. 

vSPY is an ERC-20 token trading on the Ethereum mainnet blockchain.  The value of vSPY is backed by ETH locked in a vault, similar to the MakerDAO/DAI system.  No centralized custodian or counterparty needs to be trusted for vSPY to hold its value.  Vault owners must maintain ETH in a vault above a safety margin.  If the ETH is below that margin, the vault may be liquidated by anyone in the ecosystem to claim a reward.  This incentivizes vault owners to overcollateralize the vSPY.  Vault owners who deposit ETH and mint vSPY can lever up their long ETH and short vSPY position.  Likewise, vault owners may deposit vSPY and withdraw ETH to create an opposite position: to be levered long vSPY and short ETH.

Quick vSPY Facts:

- Based on the open-soure ItoVault system.
- Decentralized finance: a smart contract holds the backing funds, not any counterparty.
- Dividends on S&P 500 automatically integrated into price.  Just buy and hold vSPY to capture full S&P 500 value.  No locking or complex transactions needed.
- Currently a 30% maintenance margin for vaults.
- Deposit ETH, mint vSPY and repeat to obtain levered ETH-vSPY positions.
- Deposit vSPY and withdraw ETH (with a margin) to obtain levered vSPY-ETH positions.
- No system fees for using vSPY.
- ERC-20 token standard.
 

Main Pages:

Whitepaper
https://www.itovault.com/wp-content/uploads/2020/11/ItoVault-V1.0-Whitepaper-PDF.pdf

Uniswap: Buy, Sell, or Provide Liquidity:
https://app.uniswap.org/#/swap?outputCurrency=0x3e1e15AFD5d50b090aDcC88160dD84a48EA1B80E

Mint vSPY Tokens:
https://www.itovault.com/tools/

$100 vSPY Promo for Customer Feedback
https://itovault.com/get-100-in-vspy-tokens-talk-to-us/



Other Pages:

Blog:
https://itovault.com/welcome-to-the-blog-of-itovault/

FAQ:
https://itovault.com/faq/

Etherscan Smart Contract Address:
https://etherscan.io/address/0xf9e8c18a855183246dbf19c8b249921fa64bd33c#code

Buy vSPY on Uniswap:
https://app.uniswap.org/#/swap?outputCurrency=0x3e1e15AFD5d50b090aDcC88160dD84a48EA1B80E

Learn More About vSPY on the FAQ

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