CryptoCurrencies
17315
Exchanges
500
Total Market Cap
3,219,709,029,274
Volume 24h
208,474,694,699
Dominance
BTC 61.37%   ETH 8.18%   USDT 4.84%   XRP 3.60%

RedSonic Vault Ethereum
RSVETH

2399.5
$
0.00 %
Change 24h
Market Cap
$ 209,072
Volume 24h
$ 4.790
Circulating Supply
87
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.