Vai Reaches Market Capitalization of $57.50 Million (VAI)

Vai (VAI) traded 1% higher against the U.S. dollar during the twenty-four hour period ending at 16:00 PM ET on September 19th. During the last seven days, Vai has traded 0.5% higher against the U.S. dollar. Vai has a market capitalization of $57.50 million and approximately $1,755.99 worth of Vai was traded on exchanges in the last 24 hours. One Vai token can currently be bought for $1.00 or 0.00003679 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded up 2.6% against the dollar and now trades at $0.28 or 0.00001019 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded down 0.3% against the dollar and now trades at $0.0010 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 0.3% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded 0% higher against the dollar and now trades at $0.0086 or 0.00000032 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.3% against the dollar and now trades at $0.0076 or 0.00000028 BTC.

Vai Token Profile

Vai’s genesis date was November 16th, 2020. Vai’s total supply is 57,498,554 tokens. Vai’s official message board is medium.com/venusprotocol. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. The official website for Vai is venus.io. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here.

According to CryptoCompare, “VAI is Venus Protocol’s native decentralized stablecoin that is minted and redeemed directly on the Venus platform running on Binance Smart Chain.

The Venus Protocol will enable users to mint VAI (VAI), a synthetic stablecoin based on the price of $1 USD, by using the vTokens from the underlying collateral that they have previously supplied to the protocol. Users can borrow up to 50% of the remaining collateral value they have on the protocol from their vTokens to mint VAI.”

Vai Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Vai directly using U.S. dollars. Investors seeking to trade Vai should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Vai using one of the aforementioned exchanges.

VAI/USD price chart by TradingView