Votre is a non‑custodial borrowing protocol that converts crypto collateral into a stable liability token at loan inception and hedges the exposure with market‑maker‑driven gamma‑scalping, delivering fixed‑rate, time‑based loans without liquidation triggers. The hedged structure enables loan‑to‑value ratios above 70 % and tax‑efficient treatment of borrowed funds while borrowers retain full ownership of their assets. Revenue is generated from interest fees and a spread on the collateral swap.
Funding
$1.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional crypto borrowing relies on margin lending models that expose borrowers to forced liquidations, volatile interest rates, and limited loan‑to‑value (LTV) ratios, making liquidity access risky and tax‑inefficient for sophisticated investors.
Solution
Votre provides a non‑custodial borrowing protocol that swaps collateral into a stable liability token at loan inception, hedging the underlying exposure through upfront market‑maker‑driven gamma‑scalping. By fixing the loan’s duration and interest rate, the platform eliminates price‑based liquidation events and offers higher LTV ratios than conventional lenders. The hedged structure also enables tax‑optimized treatment of the borrowed funds. Borrowers retain full ownership of their assets, can roll positions to capture appreciation, and interact with the protocol via on‑chain smart contracts that lock market‑maker collateral until maturity.
Target Audience
The service targets high‑net‑worth individuals, family offices, and institutional funds seeking secure, tax‑optimized liquidity without relinquishing control of their crypto assets.
Features
- Non‑custodial smart‑contract architecture that retains user ownership of collateral throughout the loan lifecycle.
- Upfront collateral swap to a user‑selected stable token, executed on Uniswap (with planned integration of DEX aggregators) to hedge downside risk.
- Market‑maker liquidity provision using gamma‑scalping, guaranteeing loan upside while capping borrower returns.
- Fixed‑rate, time‑based loans (both fixed‑duration and open‑ended options) that remove margin‑call and liquidation triggers.
- Higher loan‑to‑value ratios (up to 70%+) enabled by the hedged collateral model.
- Tax‑efficient borrowing structure that treats the loan as a non‑realized asset swap, reducing taxable events.
- Position‑rolling capability allowing borrowers to extend or increase exposure when collateral appreciates, subject to market‑maker liquidity.
- On‑chain audit and security guarantees, with market‑maker collateral locked in the protocol until loan settlement.