• When lenders come to VMEX, they can deposit any governance approved lendable assets into VMEX lending pools or permissionless pools.

  • Each tranches' liquidity pool for a given asset will have its own APY, dictated by the assets' unique interest rate model and the tranche specific utilization.

  • When lenders deposit into a VMEX liquidity pool, they will receive vTokens, which are interest-bearing ERC20 tokens.

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