As some of you already know, the Vine Money project started just about a week ago. Since then, $VINE has floated at the 0.20c level pretty consistently, and vUSD if of course pegged to the dollar using underlaying mechanics.

I wanted to talk about the long-term viability of these tokens, and what they bring to the table in a productive sense. vUSD is not just a stablecoin, but a confidential token with privacy mechanics on the Oasis Sapphire EVM. This is the first privacy-focused stable, and as such has a unique market opportunity. 

Synergies with https://illuminex.xyz private swapping and bridging system, along with a private stable and a confidential chain gives substantial long-term viability, while short term the rewards for users are in the 1500+ % range. This might just be the best APRs for any kind of serious project right now. This market niche hasn't been implemented yet with any large-scale success, and I'm confident $ROSE will have the chance to climb in the medium to long term realistically speaking to 1 $ range, so 5x. This is, of course, dependent on projects like Vine and Illuminex succeeding in marketing and technical aspects, along with upcoming projects on the Oasis ecosystem. Gathering users has begun well for both of these projects, keeping in mind marketing has been pretty minimal. 

Compared to other stablecoins, vUSD has the innovative approach of providing passive income to users instead of just being a medium for exchanges. It is also good to remember that while vUSD is confidential, it's still compliant to laws and regulations. As such, risks from compliance issues are solved. There's always businesses and users who seek private transactions and this is where the vUSD and synergies with illuminex and oasis come into play. Smart investors keep an eye for such combinations in projects. You can read more about growth strategies: https://vine-money.gitbook.io/vine-money/introduction/growth-strategy

More than anything else in vinemoney.xyz I'm confident on technical stability systems. Liquidity is backed with large $ROSE collateral from users and dynamic systems designed to support solvency and stability are implemented. This is important when the aim is to provide a stablecoin. Future integrations with more chains are in the works, and this will grow the userbase substantially. It will be exciting to see where this project will end up. The potential is certainly there for large-scale success.

The team has also fixed bugs quickly and been very responsive in telegram for user problems. This is of course always important when building trust.

You can see https://vinemoney.xyz for more. DYOR.

Also check out the audit at https://vine-money.gitbook.io/vine-money/resources/audits