Created on 6th May 2025
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In the last ten years, the Colombian peso has lost about sixty-two percent of its value against the dollar.
Selling your crypto to patch that hole? You erase your upside.
Dollar-based DeFi loans? They liquidate you on the slightest dip.
There has to be a smarter way.
VCOP delivers that smarter way.
We help Latin American savers hedge against devaluation—without selling their crypto. Our system combines ultra-flexible collateral-backed loans with a peso-pegged stablecoin that stays 1:1 with the Colombian peso.
In one line: keep your crypto, spend in pesos, sleep at night.
Smart Liquidation System
Multi-Source Oracle System
Our Flexible Loan Manager lets you borrow up to 95% LTV—you control your risk level.
VCOP maintains 1:1 peso peg through:
The configuration of the VCOP Protocol’s contract system required writing two deployment-and-configuration scripts and implementing advanced permission management, setting up the Uniswap hooks for effective pool stabilization, and integrating the front end using OnchainKit so that end users can interact with the protocol. This last part was perhaps the most challenging, as it introduced many bugs and errors for some reason.
Tracks Applied (1)
Technologies used
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