Buy Vesper V-Dollar (VUSD)
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.
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Frequently Asked Questions (FAQs)
What is the current price of Vesper V-Dollar (VUSD)?
The Vesper V-Dollar price is $1.6446 AUD, representing a +0.11% from the day prior.
Where is the best place to buy Vesper V-Dollar (VUSD) in Australia?
The best place to buy Vesper V-Dollar (VUSD) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Vesper V-Dollar (VUSD) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Vesper V-Dollar (VUSD)?
The trading volume of Vesper V-Dollar (VUSD) is $5.3K AUD in the last 24hrs, representing a +0.11% from the day prior.
How can I buy Vesper V-Dollar (VUSD)?
Vesper V-Dollar (VUSD) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Vesper V-Dollar (VUSD)?
The current market cap of Vesper V-Dollar (VUSD) is $95.0K AUD.
Can I convert Vesper V-Dollar (VUSD) to cash?
Yes - With Coinstash you can convert your Vesper V-Dollar (VUSD) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Vesper V-Dollar (VUSD) are there?
The current circulating supply of Vesper V-Dollar (VUSD) is 59.3K.
Is Coinstash a safe place to buy Vesper V-Dollar (VUSD) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Vesper V-Dollar (VUSD) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.