Vesta Stable(VST)
Market Cap$75,046
Price$1
Total Circulating75,058
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 | 0% | +0.41% | -7.63% | 75,058 |