Information
TVL
Vires Finance (VIRES)
Total Value Locked$5.38m
| Waves | $5.38m |
|---|
| Include in TVL (optional) | |
|---|---|
| $14.79m |
| $14.79m |
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
Audits
Development Activity
(updated at 03/10/24)
Weekly commits:
Monthly commits:
Weekly developers:
Monthly developers:
Last commit: a few seconds ago (2024-10-03)
Methodology
TVL: 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.