Market Cap:
$1 613 224 898 870
(▼2.68%)
- Volume 24h: $102 671 773 465 (6.36%)
- Market Cap Change 24h: ▼2.68%
- BTC dominance: 44.71%
Vether
VETH
CMC Rank: 671
- USD: $35.16
1h: ▼0% 24h: ▼0.93% 7d: ▼32.52%
- BTC: 0.00090 BTC
All Time High: $210.8 2 years ago
Current price is -83 % from ATH
Current price is -83 % from ATH
- Cap: $21 465 022
- Vol 24h: $80 931 (0.38 %)
- Circulating: 610 453 VETH (61.0 %)
- Total: 1 000 000 VETH
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About Vether
A strictly-scarce Ethereum-based asset.
Vether is designed to be a store-of-value with properties of strict scarcity, unforgeable costliness and a fixed emission schedule. Vether mimics characteristics of Bitcoin, where miners compete to expend capital to acquire newly-minted coins and chase ever-decreasing margins. Instead of expending capital, Vether participants compete to purchase it by destroying capital on-chain. As a result, all units of Vether are acquired at-cost and by anyone. This mechanism is called Proof-of-Value.
Vether is designed to be a store-of-value with properties of strict scarcity, unforgeable costliness and a fixed emission schedule. Vether mimics characteristics of Bitcoin, where miners compete to expend capital to acquire newly-minted coins and chase ever-decreasing margins. Instead of expending capital, Vether participants compete to purchase it by destroying capital on-chain. As a result, all units of Vether are acquired at-cost and by anyone. This mechanism is called Proof-of-Value.
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