Vertex Litepaper — You’re Gonna Want to Read This One
![Vertex Litepaper — You’re Gonna Want to Read This One](/content/images/size/w2000/2022/11/1-mT-gKGT8kyx2SkfZwYjOvQ.png)
As promised last week, the team at Vertex is proud to present our new Litepaper to the world.
Link to litepaper docs: https://vertex-protocol.gitbook.io/vertex-litepaper-v2/litepaper/abstract
Our paper seeks to highlight the core discrepancies of both CeFi and DeFi. From negligent centralized actors to sub-par performance, overly complex UIs and fragmented liquidity — it is our belief that current protocols aren’t up to scratch. Users continue to sacrifice control for convenience and performance.
Simply put, our Litepaper seeks to answer the billion-dollar question in crypto: Can a DEX compete with a CEX, and if so, what does it look like?
We’re building a DEX for the future and designing a suite of secure, capital-efficient tools to provide the DeFi community — from degens to new kids on the block — with a protocol that will ensure the process of managing your portfolio, trading, borrowing and earning yield will be as seamless and efficient as possible, WITHOUT giving up custody of your coins.
![](https://miro.medium.com/max/1260/1*t2q7Xc9iE0pDHr8ihQrzQg.jpeg)
We believe decentralized trading should be useful and accessible for all, and while our approach is varied, the outcome for users is clear:
a DEX that provides everything users need to trade effectively — without any of the compromises presented by centralized competitors.
The paper also takes a forward-looking approach and covers potential product roadmap exploration in addition to our plans to decentralize governance and provide additional utility to community members via the release of a governance token, VRTX.
As always, the team is dedicated to building the future of DeFi while striving to consider the two things we value the most: Crushing CeFi, and your opinion, so don’t hesitate to drop us a line (twitter DMs open 📭) and let us know what you think our Litepaper (and how we plan to do the former!).
See you on social!
The Vertex team.