Introduction to v1ta
v1ta: The Decentralized Stablecoin of Solana
Vision: Stable money that no one can freeze, govern, or debase.
v1ta is a Solana-native, fully on-chain stablecoin built for people who believe money should be trustless, efficient, and unstoppable.
The Problem
Stablecoins aren't actually stable in principle anymore:
- USDC and USDT: Centralized custodians, blacklist risk, traditional finance exposure
- MakerDAO: Governance committees, treasury bills, and permissioned collateral
- Everything else: Over-engineered or yield-farmed to death
DeFi has no pure, decentralized money left.
The Solution
v1ta is base-layer money for Solana, backed only by crypto.
Decentralized
Crypto-only collateral with no centralized bridges or stablecoins
Efficient
110% collateral ratio with automated Stability Pool offsets
Unstoppable
Immutable smart contracts with no governance switches
Key Features
110% Collateralization Ratio
Borrow at just 110% collateral ratio. Lock $1000 in SOL, borrow $909 in VUSD. That's 11x better than competitors at 150 to 200%.
Instant On-Chain Redemptions
VUSD stays at $1 because anyone can redeem it for $1 worth of collateral. No governance votes. No manual tweaks. Just math.
When VUSD trades below $1, arbitragers buy it cheap and redeem for $1. When it trades above $1, people mint new VUSD at $1 and sell it higher.
Built for Solana Speed
Sub-second transactions at pennies. Dual oracles (Pyth and Switchboard) with 60-second staleness detection. Compare that to hours of lag on Ethereum.
LST Protection
We calculate LST value using actual stake rates from staking contracts. Your position stays safe even when markets panic.
Quick Stats
| Metric | Value |
|---|---|
| Min Collateral Ratio | 110% |
| Borrow Fee | 0.5% |
| Liquidation Penalty | 5% |
| Supported Collateral | SOL, jitoSOL, mSOL (coming) |
| Network | Solana |
Getting Started
Protocol Overview
Learn how v1ta works and why it's different
Open a CDP
Start borrowing VUSD against your SOL
Technical Docs
Deep dive into the smart contracts and architecture
Developer Guide
Build with v1ta using our API references and integration guides
Why v1ta?
If USDC is Wall Street, v1ta is Bitcoin for stablecoins.
Pure collateral. Pure code. Pure Solana. Money without masters. The last pure stablecoin.
Ecosystem Integration
v1ta is built on and integrated with Solana's leading DeFi protocols:
- marginfi: Flash liquidity and composable credit layer
- Drift Protocol: VUSD usable as collateral in perps and spot markets
Launch Phases
- Devnet: Core vault, Stability Pool, and marginfi keeper demo
- Testnet: Add redemptions and Drift integration
- Mainnet: Audited, immutable contracts with ecosystem adoption
Development Status: v1ta is currently in devnet testing. Do not use with real funds.