The Vibranium Finance is an innovative fork of Lybra Finance with the advanced multichain development to optimize users' experiences and bring stability to the volatile world of cryptocurrency. The protocol's foundation lies in LSD (Liquid Staking Derivatives), initially capitalizing on Lido Finance-issued ETH proof-of-stake and stETH. Future plans include expanding support for additional LSD assets. At its core, Vibranium aims to furnish the cryptocurrency industry with a secure and decentralized stablecoin, vUSD, offering stable interest rewards to its token holders. Functioning as a DeFi protocol, Vibranium enables users to mint vUSD by utilizing their deposited ETH and stETH as collateral. vUSD, an ETH-assets-over-collateralized stablecoin, ensures the requisite security and stability for conducting business with confidence. One distinguishing feature of the Vibranium Protocol is that users can earn regular stable income by holding minted (borrowed) vUSD. This income is derived from the LSD-generated earnings of the deposited ETH and stETH. Specifically, when users deposit ETH or stETH, mint vUSD against them, they receive stable income in stETH at an approximate rate of 5%. The protocol converts this income to vUSD and distributes it to the users. The Vibranium Foundation and VibraniumDAO community firmly believe in the importance of a decentralized stablecoin for both enterprises and individuals to fully leverage the advantages of cryptocurrencies. By offering an interest-bearing stablecoin backed by ETH and stETH, the Vibranium Protocol empowers users to confidently and securely participate in the DeFi ecosystem.
Frequently Asked Questions
What is the all-time high price of Vibranium Protocol (VIB)?Read More
The all-time high of VIB was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Vibranium Protocol (VIB) is 0. The current price of VIB is down 0% from its all-time high.
How much Vibranium Protocol (VIB) is there in circulation?Read More
, there is currently 0 VIB in circulation. VIB has a maximum supply of 20.00M.
What is the market cap of Vibranium Protocol (VIB)?Read More
The current market cap of VIB is 0. It is calculated by multiplying the current supply of VIB by its real-time market price of 0.000189567982.
What is the all-time low price of Vibranium Protocol (VIB)?Read More
The all-time low of VIB was 0
, from which the coin is now up 0%. The all-time low price of Vibranium Protocol (VIB) is 0. The current price of VIB is up 0% from its all-time low.
Is Vibranium Protocol (VIB) a good investment?Read More
Vibranium Protocol (VIB) has a market capitalization of $0 and is ranked #2236 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Vibranium Protocol (VIB) price trends and patterns to find the best time to purchase VIB.