Venus Reward Token-related information

Issue Time

2021-05-25

Platform pertained to

Current coin price

$0.0003996USD

Market Cap

$470,309USD

Volume of Transaction

24h

$1,199.56USD

Circulating supply

21.9999bVRT

Volume of Transaction

$4,034.00USD

Change

24h

+396.08%

Number of Markets

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WikiBit Risk Alerts

Previous Detection 2024-12-22

WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!

VRT Price Chart

Venus Reward Token introduction

Markets

+400.12%

+396.08%

+350.25%

+365.84%

+20.79%

All

-95.5%

Venus Reward Token (VRT) is a digital currency native to the Venus Protocol, a decentralized finance infrastructure developed on the Binance Smart Chain. VRT works alongside the platform's primary token, XVS, and is designed to encourage users to participate consistently in the Venus ecosystem. Users earn VRT as a reward for lending and borrowing assets. Once earned, VRT can be staked to earn XVS tokens, and equally, VRT holders have the right to cast votes on important protocol decisions, thereby shaping the system. The ultimate goal of the Venus Protocol is to create a fully decentralized lending and credit system open to all users regardless of geographic location. As with any cryptocurrency, investing in VRT carries potential risks, including market volatility or regulatory changes. Therefore, prospective investors should conduct thorough research, and where necessary, consult with a financial advisor before investing.

VRT Good investment market

Exchange

Score

24h trading volume

Percentage

Updated

Venus Reward Token User Reviews

14 ratings

Participate in evaluation

Visal

Token distribution lacks transparency and shows signs of centralization. Poor allocation strategies and high inflation rates undermine long-term sustainability. Limited market demand and weak community support hinder growth potential. Overall, disappointing execution of tokenomics.

2024-07-12 11:19

Cs Teh

Potential regulatory impact may hinder growth. Uncertain future could affect market stability and adoption. Concerns linger.

2024-06-28 14:01

12han_han

The regulatory landscape regarding VRT's future impact lacks clarity and may pose potential challenges. Uncertainty looms, affecting market sentiment and investor confidence.

2024-06-12 14:53

NONG

The token distribution model of this project shows a balanced approach, ensuring sustainability and incentivizing participation. It offers potential for rewards and stability, catering to the market demands and enhancing user engagement.

2024-07-05 10:47

ttr

Excellent team reputation with strong experience and transparency. Community trust high, active developers and positive communication. High potential for long-term growth.

2024-06-27 16:00

Nick Kay

Transparency shines through VRT Team content, offering insight and clarity. Engaging, authentic, and informative - a glimpse into their operations.

2024-06-07 22:08

Hamsani Zakariah

The current regulatory environment for VRT is complex and uncertain, impacting its future potential. It requires careful monitoring and adaptability to mitigate risks and seize opportunities in the evolving landscape.

2024-05-23 09:44

Nutthpan Net

Exciting potential for future regulatory impact on the project, promising growth and stability in a dynamic market environment. Exciting times ahead!

2024-05-14 12:28

Vithusan Vijeyaratnam

The fundamentals of the bonus content are impressive, with a focus on technology, practicality, team strength, adoption, tokenomics, security, regulation, competition, community, volatility, and rewards. Engaging and insightful analysis.

2024-04-15 17:23

Prananda

The regulatory landscape for VRT is dynamic and can impact future potential. Stay informed and adapt to changes for long-term success in this space. Regulatory uncertainty should be monitored closely for potential impact on market dynamics.

2024-04-08 13:48

David Chow

The team has a solid track record with extensive experience, a strong reputation, and a transparent performance history. Their expertise and achievements bring reliability and trustworthiness to the project.

2024-07-02 13:46

Khajornrat Surakhot

- Consensus mechanism and scalability impressed me, but the anonymity feature needs improvement. The project shows potential in solving real-world issues and has a strong team with transparent records. Community involvement and developer support are high, but regulatory concerns remain. In comparison to similar projects, this one stands out with its unique features and active user base. Overall, it's a high-risk investment with potential for long-term growth.

2024-05-27 12:40

Mas Hanz

Transparent, thorough audit revealing no vulnerabilities. Boosting community trust and ensuring secure transactions. Impressive performance record.

2024-03-07 10:09

Jenk Za

The project excels in technology, with a robust blockchain and strong scalability. The team's experience and transparency shine, earning trust from the community. Tokenomics are sound, ensuring economic sustainability. Security is top-notch, boosting community trust. In the competitive landscape, it stands out for its unique features. The community is engaged, showing strong support for the project's long-term potential.

2024-03-06 17:05