Vires Finance
1. Summary
- Description
-
Project Overview
Project Overview
Vires Finance is a decentralized non-custodial liquidity protocol built on the Waves blockchain. It allows users, wallets, and decentralized applications (dApps) to participate as depositors or borrowers. As depositors, they provide liquidity to the market to earn a passive income. As borrowers, they can take out loans in an overcollateralized manner.
Key Features
- The protocol utilizes common pool-based mechanics, ensuring that all deposited funds participate in interest-bearing activities equally.
- Lenders benefit from higher Annual Percentage Yields (APY) when there is greater demand for borrowing a particular asset.
- Supported tokens for lending and borrowing include WAVES, USDN, USDT, ETH, USDC, EURN, and BTC.
How it Works
- Depositors supply liquidity to the market to earn interest.
- Borrowers can take loans in an overcollateralized manner, backed by the deposited assets.
- The protocol automatically adjusts interest rates based on demand for borrowing.
| Price | |
| 52W High price | $45.79 |
| 52W High date | 10th Jul 2022 (2 years ago) |
| All Time High (ATH) Date | 13th Nov 2024 (1 week ago) |
| All Time Low (ATL) Date | 13th Nov 2024 (1 week ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $12.00 |
How does Vires Finance's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
2.1%
Similar Market Cap
We're monitoring 1 Vires 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 Vires 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 111
Most Active Repos
| Past week | 1 |
|---|---|
| Past 12 weeks | 1 |
| Past year | 1 |
Top Developers 2024
In total, 1 developers have contributed to Vires Finance over the past year. Who are the most active Vires Finance developers, by commits, over the past year?
Related Projects
Developers working on Vires 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 | 1,997 |
| Twitter followers | 7,637 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://vires.finance/ |
|---|---|
| Explorer | https://wavesexplorer.com/assets/DSbbhLsSTeDg5Lsiu... |
| @viresfinance |
What is the correct contract address for Vires Finance?
| Waves | DSbbhLsSTeDg5Lsiufk2Aneh3DjVqJuPr2M9uU1gwy5p |
|---|
Has Vires Finance been audited for security?
No security audits found for this project.
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