Stablecoin Information
Vesta is a layer 2-first lending protocol where users can deposit collateral to mint VST (Vesta Stable) - a USD-pegged stablecoin.
Category:crypto-backed
Minting and Redemption
Using the Vesta Finance app, users mint VST by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back VST is burned.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.00% | +0.00% | +0.59% | 75,946.32 |