### What is Vesper V-Dollar?

Vesper V-Dollar (VUSD) is a stablecoin pegged to the US Dollar, forming part of the Vesper DeFi ecosystem. It is designed to serve as a stable and reliable store of value within the Vesper platform, backed by interest-generating collateral.

### How does Vesper V-Dollar work?

Vesper V-Dollar operates on the Ethereum blockchain, utilising smart contracts to maintain stability and reliability. It leverages the Ethereum Virtual Machine (EVM) in its operations, ensuring that the stablecoin remains pegged to the US Dollar by implementing mechanisms that utilise interest-generating collateral within the DeFi ecosystem.

### What are the potential use cases for Vesper V-Dollar?

Vesper V-Dollar serves several use cases within the Vesper DeFi ecosystem, including:
- Acting as a stable store of value.
- Facilitating transactions and exchange within Vesper's yield-generating strategies.
- Providing liquidity in DeFi protocols and various Vesper Pools like Grow Pools, Earn Pools, Lend Pools, and Orbit Pools.

### What is the history of Vesper V-Dollar?

Vesper Finance was founded by Jeff Garzik, Jordan Kruger, Matthew Roszak, and Zane Huffman, aiming to streamline the DeFi landscape with accessible yield-generating strategies. Vesper V-Dollar emerged as a part of this ecosystem, focusing on offering a stable and reliable store of value. Notable partnerships with MakerDAO and Curve Finance have been integral to its development. Significant milestones include the launch of Vesper and the introduction of Vesper Pools to optimise strategy and sustainability within the platform.

Vesper V-Dollar

Lido Staked Ether

Wrapped stETH

Uniswap

Aave

MANTRA

Injective

THORChain

Rocket Pool ETH

Lido DAO

Maker

NEXO

Raydium

Curve DAO

Pendle

Venus BTC

Compound

PancakeSwap

Synthetix Network

dYdX

Vesper V-Dollar (VUSD)

Similar Coins

STETH

WSTETH

UNI

AAVE

OM

DAI

INJ

RUNE

RETH

LDO

MKR

NEXO

RAY

CRV

PENDLE

VBTC

COMP

CAKE

SNX

ETHDYDX

Resources

Vesper V-Dollar (VUSD) Price Index

Vesper V-Dollar Price

Trading volume

Market cap

Resources