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ProtocolsVires Finance

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INCLUDE IN TVL:

Vires Finance (VIRES)

Total Value Locked$123.97m

  .csv
Include in TVL (optional)
$119.21m

Information

Protocol Information

Vires.finance is is a decentralized non-custodial liquidity protocol based on Waves Blockchain, where users, wallets and dapps can participate as depositors or borrowers.

Category: Lending

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Token Information

Address:waves:DS...uPr2M9

Methodology

Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending

Charts

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