Vesta Finance (VSTA) Live Price and charts Today

1 Vesta Finance (VSTA) Price Today in USD is $0.579870

Vesta Finance (VSTA) = $0.579870 USD

Vesta Finance (VSTA) all-time high (ATH) is $0.990057 USD

The maximum supply of Vesta Finance (VSTA) is 100,000,000.00

Vesta Finance (VSTA) 24h volume is $6111.06 USD

Vesta Finance (VSTA) Market Cap is $12.99 Million(s) USD

Vesta Finance
$0.579870
+82.24%
Vesta Finance (VSTA) Price Chart
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  • 1H -0.01%
  • 24H +82.24%
  • 1Y +42.56%
  • Rank #881
  • Market Cap 82.24% $12,992,631
  • 24H Spot Volume 8939.73% $6,111.06
  • 24H Volume / Market Cap -
  • Circulating Supply 22,406,096.09
  • Total Supply 100,000,000
  • Max Supply 100,000,000.00
  • Fully Diluted Valuation $57,987,037
  • API ID vesta-finance copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img 0xa68...a2d24
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  • Websites Website
  • Links
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About VSTA Roadmap & Milestones
VSTA is the governance token of Arbitrium-based Vesta Finance, a layer 2 lending protocol that allows users to obtain liquidity against their collateral without paying interest.

Based on Liquity, Vesta Finance is a layer 2 lending protocol that allows users to obtain liquidity against their collateral without paying interest. Users can lock up collateral and issue Vesta's stablecoin VST to their own Ethereum address, and subsequently transfer those tokens to any other Ethereum address. The individual collateralized debt positions are called vaults. The stablecoin tokens are economically geared towards maintaining value of 1 VST = $1 USD, due to the following properties: The system is designed to always be over-collateralized - the dollar value of the locked Ether exceeds the dollar value of the issued stablecoins. The stablecoins are fully redeemable - users can always swap $x worth of VST for $x worth of the underlying collateral (minus fees), directly with the system. The system algorithmically controls the generation of VST through a variable issuance fee. After opening a vault with some collateral, users may issue ("borrow") tokens such that the collateralization ratio of their vault remains above 110%. A user with $1000 worth of underlying collateral in a vault can issue up to 909.09 VST. The tokens are freely exchangeable - anyone with an Ethereum address can send or receive VST tokens, whether they have an open vault or not. The tokens are burned upon repayment of a vault's debt. The Vesta system regularly updates the price of the collateral against USD via a decentralized data feed. When a vault falls below a minimum collateralization ratio (MCR) of 110%, it is considered under-collateralized, and is vulnerable to liquidation.

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