Vesta Finance VSTA
1. Summary
- Price
-
$0.06 -2.5%
- Market Cap
- $1.40M (#3565)
- Supply
- 22.44M / 100.00M
- Description
-
Overview
Overview
Vesta Finance is a multi-collateral lending protocol operating on the Arbitrum network. It enables users to deposit multiple assets, including ETH, renBTC, and gOHM, and mint VST (Vesta Stable), a stablecoin pegged to the value of the US dollar.
Functionality
The protocol allows users to borrow against their crypto-assets without selling them by creating collateralized debt positions, known as "vaults." Users can lock up their cryptocurrency as collateral and issue VST tokens, which can be transferred to any address. The value of VST is designed to remain stable at $1 USD through over-collateralization and algorithmic interest fees.
Stability and Liquidation Mechanism
Vesta Finance employs a two-step liquidation process to address under-collateralized vaults. It utilizes a Stability Pool containing VST tokens to offset the debt of liquidated borrowers. If the Stability Pool is insufficient, Vesta's liquidation bot estimates the value of the liquidated collateral and redistributes it to other borrowers.
| Price | |
| 52W High price | $0.65 |
| 52W High date | 12th Jan 2024 (11 months ago) |
| All Time High (ATH) Date | 8th Feb 2022 (2 years ago) |
| ATH Price | $6.47 |
| % From ATH | -97.36% |
| All Time Low (ATL) Date | 12th Aug 2023 (1 year ago) |
| ATL Price | $0.11 |
| % From ATL | 62.13% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $194.00 |
| Total Supply | 100.00M |
| Max Supply | 100.00M |
| Circulating Supply | 22.44M |
VSTA
How does Vesta Finance's (VSTA) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-12.4%
VSTA
1.0%
Similar Market Cap
60 Day Return
-20.0%
VSTA
-10.7%
Similar Market Cap
1 Year Return
-65.6%
VSTA
-13.1%
Similar Market Cap
We're monitoring 9 Vesta Finance GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Vesta Finance Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 7
- Past year: 0 commits vs. an average of 104
Most Active Repos
| Past week | 28 |
|---|---|
| Past 12 weeks | 49 |
| Past year | 242 |
| Past week | 13 |
|---|---|
| Past 12 weeks | 30 |
| Past year | 31 |
| Past week | 11 |
|---|---|
| Past 12 weeks | 24 |
| Past year | 24 |
| Past week | 14 |
|---|---|
| Past 12 weeks | 14 |
| Past year | 14 |
| Past week | 1 |
|---|---|
| Past 12 weeks | 1 |
| Past year | 1 |
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
Top Developers 2024
In total, 38 developers have contributed to Vesta Finance over the past year. Who are the most active Vesta Finance developers, by commits, over the past year?
Related Projects
Developers working on Vesta Finance also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 26,806 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://vestafinance.xyz/ |
|---|---|
| Explorer | https://arbiscan.io/token/0xa684cd057951541187f288... |
| @vestafinance |
What is the correct contract address for Vesta Finance?
| Arbitrum-one | 0xa684cd057951541187f288294a1e1c2646aa2d24 |
|---|
Has Vesta Finance been audited for security?
No security audits found for this project.
Are you the owner of Vesta Finance? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.