Vesta Finance
VSTA

$0.06047719

Infinity%
  • Market Cap
    $1,357,714.879
  • 24 Hour Trading Vol
    $199.189
  • Fully Diluted Valuation
    $6,047,719.155
  • Circulating Supply
    22,442,382
  • Total Supply
    100,000,000
  • Max Supply
    100,000,000
Vesta Finance
Vesta is a layer-2 lending protocol that allows users to obtain maximum liquidity against their collateral without paying interest
Socials
Category
DeFi
Vesta Finance Converter
VSTA
1 VSTA = $0.06047719
VSTA Statistics
  • Vesta Finance Price
    $0.06047719
  • Trading Volume
    $199.189
  • Market Cap
    $1,357,714.879
Vesta Finance Price Chart (VSTA)

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24h
7d
30d
3M
1Y
YTD
-40.26%
-66.96%
-88.83%
-88.67%
About Vesta Finance

Vesta is a collateralized debt platform. 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.
Vesta Finance Markets
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