The last few months at VMEX have been busy, to say the least. Despite turbulent market conditions, the team at VMEX has been steadfast in building the best possible product to bring the next generation of open and permissionless lending to DeFi.
Now more than ever, we believe the future of lending will be built by DeFi protocols. Specifically, DeFi protocols that utilize dynamic and transparent risk systems to mitigate lending market risk — all while maintaining an open and permissionless structure. Despite how it often seems, we are still in the very early innings of decentralized lending and we believe there is much innovation needed and to come.
In the later half of 2022 VMEX went from an idea to a team of six and a mostly completed DeFi protocol with an extremely ambitious product roadmap for 2023. Over the past few months we have honed in VMEX’s MVP features and ‘23 roadmap, built VMEX’s MVP and started extensive testing, kicked off our seed round, and started discussions with potential launch partners. We are beyond excited to share what we have built in the new year.
MVP launch in Q1 ‘23! VMEX protocol’s initial feature set is complete and currently undergoing internal testing and peer review. The current plan is to launch the MVP in Q1 ‘23 and ideally undergo a formal audit beforehand, funding dependent.
Here are some features to expect to see in the MVP:
Follow us on Twitter and join our Discord, we will soon be opening up product feedback discussions and beta testing. If you’re a DeFi protocol or power user interested in a partnership or being a pool admin send us a message.