icon - Venus Reward Token
VRT Venus Reward Token
+ 1.29%
$ 0.00000584
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • -
    Venus Reward Token
    $ 0.00000584
    $ 128,384
    $ 17
    0 VRT
    + 1.29%

Venus Reward Token. Price of cryptocurrency: $ 0.00000584

Suppliers and borrowers of Venus Protocol can use Venus Reward token as an additional mining distribution. The goal is to gradually lower the XVS inflation rate. Since XVS is the governance token that controls the entire protocol, our goal is to make the total supply lower over time to make governance more secure. We realize that a lucrative APY yield created by the protocol is important. We will have a total supply of 30 billion and be distributed to users over the course of 4 years, while the XVS distribution will double to around 8 years to compliment the reductions.