Vesta Finance Logo

Vesta Finance VSTA

Vesta Finance header image

1. Summary

Ranks

Liquidity
71
Developer
-
Social
74
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.47 +3.4%
Market Cap
$10.56M (#1307)
Supply
22.43M / 100.00M
Price
52W High price $0.65
52W High date 12th Jan 2024 (6 months ago)
All Time High (ATH) Date 8th Feb 2022 (2 years ago)
ATH Price $6.47
% From ATH -92.23%
All Time Low (ATL) Date 12th Aug 2023 (11 months ago)
ATL Price $0.11
% From ATL 376.87%
Supply & Trading Volume
Trading Volume (24h) $108.00
Total Supply 100.00M
Max Supply 100.00M
Circulating Supply 22.43M
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.

2. Price

VSTA

2.1. Market Performance

How does Vesta Finance's (VSTA) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-0.3%

VSTA

1.7%

Similar Market Cap

60 Day Return

-9.0%

VSTA

1.8%

Similar Market Cap

1 Year Return

127.8%

VSTA

74.4%

Similar Market Cap

3. Developer Activity

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 8
  • Past year: 0 commits vs. an average of 118

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.

4. Social Activity

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 27,888
5. News

No recent news found.

7. More Information

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...
Twitter @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

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