IDO Outlook: How the Vimverse Ecosystem Drives Deep Innovation in DeFi?

Source: Vimverse

The Vimverse ecosystem, as the first decentralized reserve currency protocol-based ecological financial platform on the Sui Network, has launched multiple innovations around this protocol and deeply explored the enormous potential in this field, significantly broadening its application scope. The platform offers a range of decentralized financial functions, including staking, bonds, treasury, and a disruptive Protocol Managed Market Making (PMMM) mechanism.

Rooted in stability and growth, Vimverse supports a wider range of application scenarios, covering GameFi and many potential future application areas. With the above components, Vimverse not only provides liquidity solutions (LaaS) for the industry, helping various DeFi, GameFi, and other innovative applications build a secure and stable token economy, but also offers investors diversified, stable, and attractive returns.

As the functional and governance token in the ecosystem, $VIM will play a crucial role in the operation of the Vimverse ecosystem. $VIM itself not only possesses essential demand and stability but also has the potential to create blue ocean value for investors. Therefore, after the announcement of the $VIM presale and IDO plan, it has attracted significant attention from the industry. Major communities and KOLs have included VIM in their hot new listings, and its quota is currently very tight.

From OlympusDAO to Vimverse: The Paradigm Shift in the Decentralized Reserve Currency Track

From an industry perspective, there are precedents in the decentralized reserve currency sector. Last year, OlympusDAO proposed the concept of DeFi 2.0, introducing the Protocol Owned Liquidity mechanism through its stablecoin system OHM, which outlined the early contours of this track.

Based on the base effect, the more staking in OlympusDAO means a reduction in the market circulating supply, and reduced selling pressure stabilizes the price. In the long run, through compounding staking, users' OHM balances will grow exponentially. Even if the price does not change during this period, the returns obtained are still substantial. Users buy OHM at a price above 1 DAI, taking on the risk of market premiums in exchange for long-term benefits, i.e., growth in currency-based value, making price no longer a necessary factor for consideration.

On the other hand, Olympus also launched the Protocol Owned Liquidity mechanism, replacing liquidity mining with protocol-controlled liquidity. Users can trade using LP Tokens or other single-asset assets like DAI, wETH, etc., to purchase OHM at a discounted price from the protocol, a process known as Bonding. With the opportunity for arbitrage, more and more people will naturally purchase OHM through bonds and stake them for returns. At the same time, Olympus gains the LPs in users' hands, thus controlling liquidity, becoming its own market maker, and earning substantial market-making profits.

OlympusDAO also introduced the Olympus Pro service, allowing other protocols to directly purchase the liquidity owned by OlympusDAO, aiming to provide similar Stake + Bonding services for other DeFi protocols and optimizing and customizing based on the actual needs of the protocols.

Decentralized reserve currency protocols represented by OlympusDAO have laid the foundation for this field. Although this track has enormous potential, the biggest problem faced by most similar projects is the lack of application scenarios, making it difficult for the token's potential value to be effectively supported. As an emerging ecosystem in the decentralized reserve currency track, Vimverse is driving the transformation of this track through innovative ideas.

Vimverse: Creating a New Paradigm for DeFi 2.0

Looking at Vimverse, its greatest advantage lies in the fact that its system design is based on its own decentralized reserve currency protocol, dedicated to serving external markets and comprehensively achieving value capture, more effectively balancing stability and growth, providing continuous momentum for the growth of the ecosystem.

The Vimverse system uses $VIM as the functional token, with each $VIM token supported by 1 USDC in the treasury. When the trading price of $VIM is below 1 USDC, the protocol will buy back and burn $VIM; when the trading price is above 1 USDC, the protocol will mint and sell new $VIM. This process is always controlled by the contract and is transparent. The proceeds from bond sales, NFT sales, and transaction fees generated in Vimverse will flow directly to the treasury for the buyback, regulation, and minting of $VIM. Therefore, in the long run, $VIM will never be lower than its intrinsic value.

On this basis, Vimverse has disrupted the traditional POL method of obtaining liquidity through the sale of LP bonds. As the first decentralized reserve protocol built on the Uniswap V3 protocol, Vimverse innovatively adopts a method we call Protocol Managed Market Making (PMMM) to provide security and stability for the protocol and its users. A portion of the USDC or Sui entering the treasury will automatically form trading pairs with the $VIM tokens in the DAO, directly adding liquidity. Compared to traditional LP bonds, this method fully leverages the unique advantages of Uniswap V3. The Vimverse protocol can actively choose custom liquidity ranges, thereby managing liquidity more efficiently, significantly improving capital utilization and the stability of the protocol, and providing a better user experience for trading users.

More importantly, Vimverse is committed to becoming a launchpad and incubator for GameFi and other innovative projects. In these projects, the $VIM token plays a crucial role, expanding richer application scenarios. Vimverse also provides liquidity and stability for tokens and NFTs to numerous ecological partners through LaaS (Liquidity as a Service) and an integrated NFT trading market, strengthening cooperation and interoperability between protocols, thus promoting the expansion and development of the Vimverse ecosystem.

Therefore, the stability and growth of $VIM's value primarily come from external value increments of the ecosystem, rather than internal zero-sum games. The income opportunities it provides are more diversified, including staking $VIM for interest rewards, using SUI/USDC to purchase bonds at discounted $VIM, participating in INO and IDO new listings, joining community governance, and engaging in numerous X-to-Earn projects from ecological partners.

Vimverse adopts a multi-token system, with $VIM as the main governance token and medium of exchange, allowing holders to participate in project governance, lead major decisions related to project development, and support the initial asset issuance function of other projects on the LaunchPad. Successfully launched GameFi or other protocols will also issue their own tokens to support project operation and development.

$VIM, as the native token of Vimverse, will be widely used in the Vimverse ecosystem to realize rich gaming, social, and Web3 experiences. $VIM will continue to be used for minting character or item NFTs, upgrading characters, completing tasks, and participating in PVP/PVE battles. Combined with the protocol's own treasury mechanism, $VIM is expected to become a long-term deflationary token, leading the long-term stable development of the Vimverse ecosystem.

Currently, the Vimverse ecosystem has successfully attracted some high-quality projects, including Oil Tycoon, Woof Woof West, Coin Master in the GameFi field, and the DID system platform Apass, among others. In addition, more high-quality GameFi and DeFi projects are actively negotiating with Vimverse. These collaborations will add new vitality to the Vimverse ecosystem and further promote its growth.

Another advantage of Vimverse is its backing by the Sui ecosystem. As one of the twin stars of the Move system, Sui Network itself possesses characteristics of scalability, security, and dynamic asset models. Through horizontal scaling, even during peak demand periods, transaction fees can remain low and stable. Additionally, Sui Network utilizes parallel processing technology to achieve real-time completion of simple transactions like asset transfers without sacrificing security.

Another feature of Sui Network is its object-centric data model, which allows digital assets and their attributes to be stored directly on-chain without relying on smart contracts. This means asset owners can fully control and use their assets without any third-party restrictions or interference. Built on Sui Network, Vimverse is expected to provide users with a better trading experience while ensuring decentralization and security, and Sui Network, as the hottest ecosystem currently, is also expected to continuously provide momentum for the development of Vimverse.

In summary, Vimverse successfully integrates decentralized reserve currency protocols, disruptive DeFi functions, and rich innovative applications, deeply exploring the potential value of the entire ecosystem. Through an upgraded decentralized reserve currency protocol, Vimverse ensures the stability of the ecosystem and promotes growth by integrating innovative applications like GameFi. Furthermore, utilizing the $VIM token as a medium of exchange within the ecosystem significantly expands application scenarios. It also provides a launchpad and liquidity solutions for ecological partners while leveraging various technological innovations to facilitate seamless collaboration and interoperability among multiple projects. These measures contribute to the healthy and robust development of the ecosystem, providing strong momentum for the long-term prosperity of the crypto industry.

Overall, the upcoming $VIM presale and IDO are definitely worth paying attention to.

About Vimverse:
Official Website: https://vimverse.fi
Twitter: https://twitter.com/vimversedao
Community: https://t.me/vimverse