CryptoCurrencies
17300
Exchanges
500
Total Market Cap
3,263,088,155,125
Volume 24h
162,573,380,011
Dominance
BTC 61.30%   ETH 8.22%   USDT 4.78%   XRP 3.58%

vXDEFI
VXDEFI

0
$
0.00 %
Change 24h
Market Cap
$ 0
VXDEFI
$
# Exchange Pair Price Volume 24h

Description

Please note that the vXDEFI token is connected to the XDEFI token (https://www.coingecko.com/en/coins/xdefi ) and so the information for the above 5 questions can be taken from there: https://www.coingecko.com/en/coins/xdefi XDEFI token holders are able to stake their XDEFI tokens and when they do, they receive vXDEFI in exchange, which is a transferable and fungible token. So, for every 1 XDEFI token staked, the staker receives 1 vXDEFI token in return. vXDEFI represents the staker’s percentage ownership of the entire vault receiving the rewards in XDEFI coming from the fees collected by XDEFI. There is no lock-up period and rewards will auto-compound until stakers decide to convert their vXDEFI back into XDEFI tokens. vXDEFI tokens can also be used to vote on XDEFI community proposals via Snapshot.