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Vesta Finance

Vesta Finance VSTAPrice N/A

VSTA Price

N/A

General Info

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# Inactive

Funds and Backers

Description

Vesta is a collateralized debt platform issuing its own stablecoin VST.

Vesta Finance (VSTA) Chart

Vesta Finance price Index provides the latest VSTA price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 14.99M

Max Supply

VSTA 100,000,000

Total Supply

VSTA 100,000,000

All Time High

$ 1.15

21 Mar 2023


All Time Low

$ 0.00...191

30 Oct 2024

Trending Vesta Finance Fiat Pairs

What is Vesta Finance (VSTA)?

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.

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