Vesta Finance VSTA price:

$0.028945 -
1h+0.68%
24h-
Week-
Month-
Year-94.10%
ETH 0.000011 -
BTC 0.00000028 -
$0.027291 24h Range $0.030408

Vesta Finance (VSTA) Metrics

Basic info
Asset type
Contract Address
Explorers
Market Cap Rank 3196
$649,589.00 BTC 6.00
All Time High
$1.80 25 Oct 24 % to ATH (6,131.05%)
Volume (24h) Rank 11765
$0.911665 BTC 0.00000868
Circulating Supply
22,442,382 Total:100,000,000 Max: 100,000,000

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About Vesta Finance

Vesta Finance is a decentralized finance protocol designed to facilitate the creation and management of VST, its collateral-backed stablecoin. Operating as a robust and capital-efficient borrowing platform, Vesta Finance enables users to draw interest-free loans against a diverse array of approved collateral assets. The primary objective of the protocol is to provide a highly stable and censorship-resistant stablecoin that maintains its peg to the US dollar, offering a reliable medium of exchange within the decentralized ecosystem. By allowing users to lock their collateral, such as Ether or other liquid assets, into smart contracts, Vesta Finance empowers individuals to unlock liquidity from their holdings without selling them, presenting a compelling use case for capital efficiency in the DeFi space. The protocol is built with an emphasis on over-collateralization to ensure the stability and security of the VST stablecoin, mitigating risks associated with market volatility.

The technological foundation of Vesta Finance is rooted in a highly secure and immutable smart contract architecture. Initially deployed on the Arbitrum network, a leading Ethereum Layer 2 scaling solution, Vesta Finance benefits from faster transaction speeds and significantly lower gas fees compared to mainnet Ethereum, enhancing user experience and accessibility. The project’s architecture is designed to be highly extensible, with potential future deployments on other blockchain networks to expand its reach and interoperability across the multi-chain landscape. A key feature of the Vesta Finance protocol is its liquidation mechanism, which automatically liquidates collateralized debt positions that fall below a certain collateralization ratio, ensuring the solvency of the system and the stability of VST. This automated process is critical for maintaining the health of the protocol and protecting the integrity of the stablecoin.

The VSTA token serves as the governance token of the Vesta Finance ecosystem, granting its holders significant influence over the protocol's future direction. VSTA token holders can participate in crucial decision-making processes, including proposing and voting on parameters such as supported collateral types, stability fees, liquidation ratios, and general protocol upgrades. This decentralized governance model ensures that the protocol remains community-driven and adaptable to the evolving needs of its users and the broader DeFi market. Furthermore, VSTA token holders can also stake their tokens to earn a share of the protocol’s revenue, derived from borrowing fees and liquidation proceeds, providing a direct economic incentive for participation in governance and security. Vesta Finance positions itself as a critical infrastructure layer for the decentralized economy, offering a stable and reliable means to borrow and transact, fostering greater capital efficiency and financial autonomy for users within the rapidly expanding world of decentralized finance. Its focus on security, stability, and community governance underpins its mission to become a cornerstone of the stablecoin landscape.

Vesta Finance [VSTA] is a token based on Arbitrum blockchain. The most actual price for one Vesta Finance [VSTA] is $0.028945. Vesta Finance is listed on 3 exchanges with a sum of 3 active markets. The 24h volume of [VSTA] is $0.911665, while the Vesta Finance market cap is $649 589 which ranks it as #3196 of all cryptocurrencies. You can find more information about Vesta Finance [VSTA] on vestafinance.xyz

VSTA Markets

# Exchange Pair Volume (24h) Price Volume (%) Category Fee Type Updated
1 $0.526892$0.03086857.790000%SpotPercentage1 minute ago
2 $0.279480$0.02518830.660000%SpotPercentage1 minute ago
3 $0.105294$0.02929011.550000%SpotPercentage1 minute ago
Show more markets...

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Vesta Finance Basics

Website
Asset typeToken
Contract Address
Explorers (1)
Tags
  • Arbitrum Ecosystem (745)

Frequently Asked Questions

Frequently Asked Questions

Get more info about Vesta Finance Cryptocurrency
  • How to buy Vesta Finance? How can I buy the Vesta Finance coin? Vesta Finance stock how to buy? How to get Vesta Finance?

    To find out where you can buy currency Vesta Finance see the list of available exchanges.

  • Where to trade Vesta Finance?

    Click here to see the list of available exchanges for Vesta Finance.

  • Vesta Finance is a decentralized finance protocol designed to facilitate the creation and management of VST, its collateral-backed stablecoin. Operating as a robust and capital-efficient borrowing platform, Vesta Finance enables users to draw interest-free loans against a diverse array of approved collateral assets. The primary objective of the protocol is to provide a highly stable and censorship-resistant stablecoin that maintains its peg to the US dollar, offering a reliable medium of exchange within the decentralized ecosystem. By allowing users to lock their collateral, such as Ether or other liquid assets, into smart contracts, Vesta Finance empowers individuals to unlock liquidity from their holdings without selling them, presenting a compelling use case for capital efficiency in the DeFi space. The protocol is built with an emphasis on over-collateralization to ensure the stability and security of the VST stablecoin, mitigating risks associated with market volatility. The technological foundation of Vesta Finance is rooted in a highly secure and immutable smart contract architecture. Initially deployed on the Arbitrum network, a leading Ethereum Layer 2 scaling solution, Vesta Finance benefits from faster transaction speeds and significantly lower gas fees compared to mainnet Ethereum, enhancing user experience and accessibility. The project’s architecture is designed to be highly extensible, with potential future deployments on other blockchain networks to expand its reach and interoperability across the multi-chain landscape. A key feature of the Vesta Finance protocol is its liquidation mechanism, which automatically liquidates collateralized debt positions that fall below a certain collateralization ratio, ensuring the solvency of the system and the stability of VST. This automated process is critical for maintaining the health of the protocol and protecting the integrity of the stablecoin. The VSTA token serves as the governance token of the Vesta Finance ecosystem, granting its holders significant influence over the protocol's future direction. VSTA token holders can participate in crucial decision-making processes, including proposing and voting on parameters such as supported collateral types, stability fees, liquidation ratios, and general protocol upgrades. This decentralized governance model ensures that the protocol remains community-driven and adaptable to the evolving needs of its users and the broader DeFi market. Furthermore, VSTA token holders can also stake their tokens to earn a share of the protocol’s revenue, derived from borrowing fees and liquidation proceeds, providing a direct economic incentive for participation in governance and security. Vesta Finance positions itself as a critical infrastructure layer for the decentralized economy, offering a stable and reliable means to borrow and transact, fostering greater capital efficiency and financial autonomy for users within the rapidly expanding world of decentralized finance. Its focus on security, stability, and community governance underpins its mission to become a cornerstone of the stablecoin landscape.

  • Vesta Finance is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.

  • What is the Vesta Finance coin cap?

    Circulating supply of this Vesta Finance is 22442382. Total supply of this coin/token is 100000000. Max supply is 100000000.

  • What is the value of Vesta Finance coin?

    1 Vesta Finance is worth $0.028945.

  • To get price and historical data for Vesta Finance coin, use API ID: vsta-vesta-finance for endpoints at http://api.coinpaprika.com.

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