Vader Protocol (VADER) price, chart, coin profile and news

Find the latest Vader Protocol (VADER) price, coin profile, news and history to get you started with Vader Protocol trading and investing.

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What is Vader Protocol?

VADER is the native cryptocurrency of the Vader Protocol. Marketed as the “father of decentralised liquidity”, the Vader Protocol is a liquidity protocol focused on combining the best attributes of decentralised finance (DeFi) that have existed before it. By applying that combination the protocol hopes to grow the first truly decentralised stablecoin on the Ethereum Virtual Machine. These “best attributes” include Terra Money’s burn-to-mint mechanism, ThorChain’s automated market maker (AMM) and the bond sales mechanism implemented by Olympus DAO.

According to the project’s whitepaper, the protocol is built around an automated market maker (AMM), much like Uniswap or SushiSwap. Users will be able to exchange one cryptocurrency for another in a decentralised manner. However, in addition to the AMM, the protocol has its own US dollar stablecoin, called USDV. USDV is minted by burning the native VADER token. It is the relationship between VADER and USDV that keeps the stablecoin pegged to 1 US dollar. The USDV stablecoin then composes one-half of all liquidity pools listed within the AMM. Thanks to this configuration, the protocol can offer continuous liquidity pools and impermanent loss protection for liquidity providers. The final unique feature of Vader Protocol is the protocol’s bond sales for protocol-owned liquidity. While most AMMs have to rent liquidity, Vader will purchase its liquidity through a bonding process. As bond sales and fees accumulate, system collateral is likely to grow over time, ensuring the sustainability of the platform’s automated market maker (AMM). VADER is issued by burning ETH in daily auctions and primarily functions as an anchor for USDV. As the demand for USDV increases, the demand for VADER will increase proportionally, which drives its scarcity.

Vader Protocol (VADER) is the 778th largest cryptocurrency in the world by market cap, valued at $16,298,498. The current price of Vader Protocol is $0.0041632929, which is 0.973% higher than yesterday. Prices have ranged between $0.0042693108 and $0.0040927224 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 23, 2022 07:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Vader Protocol (VADER) price

Use our graph to track the performance of (VADER) over time.

Vader Protocol at a glance

Information last updated May 23, 2022 07:05 UTC.
Coin symbol VADER
Coin Marketcap AUD$16,298,498
Total VADER supply 24,504,927,028
Circulating VADER 5,511,909,572
Current price AUD$0.0041632929
All time high AUD$0.2538
All time high date January 05, 2022

Vader Protocol price performance over time

Historical prices compared with the price of $0.0041632929.

1 hour -1.16%
24 hours 0.97%
7 days -25.32%
14 days -67.50%
30 days -71.71%
60 days -78.18%
200 days N/A
1 year N/A

Disclaimer: Cryptocurrencies, including Vader Protocol, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of VADER is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Vader Protocol or any other cryptocurrency discussed.

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