CryptoCurrencies
16978
Exchanges
500
Total Market Cap
2,817,541,354,205
Volume 24h
65,463,105,077
Dominance
BTC 59.57%   ETH 6.81%   USDT 5.13%   XRP 4.27%

RedSonic Vault Ethereum
RSVETH

1519.1
$
1.76 %
Change 24h
Market Cap
$ 1,241,996
Volume 24h
$ 15.19
Circulating Supply
818
Total Supply
30
RSVETH
$
# Exchange Pair Price Volume 24h

Description

RedSonic is an Ethereum zk Layer 2 solution released and maintained by Reddio. RedSonic Vault Ethereum (rsvETH) is a token that users receive when they deposit ETH, which replaces ETH for cross-chain operations to Layer 2. The ETH stored in RedSonic Vaults will be partially used for risk-free investments, and the generated returns will be proportionally distributed to all rsvETH holders. When users return from Layer 2, the exchange operation will be executed on Layer 1 Ethereum, burning rsvETH to retrieve the principal and all returns in ETH.