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Vyvo Smart Chain VSC
VSC
0.01184
$
1.78 %
Change 24h
Market Cap
$ 45,320,997
Volume 24h
$ 909,439
Circulating Supply
3,827,906,217
Total Supply
125,002,335
VSC
$
Description
What is Vyvo Smart Chain Network?
Vyvo Smart Chain Network is a Layer 1 Ethereum-compatible blockchain network. It is the latest blockchain framework that aims to ensure data security and decentralization through hybrid Proof-of-Stake (PoS) and Proof-of-Sensing (PoSe) validation protocols.
What is Vyvo Coin $(VSC)?
Vyvo Coin ($VSC) is the native cryptocurrency of Vyvo Smart Chain Network. It is used for various purposes within the ecosystem, including staking and rewarding users for contributions.
How the Burn-and-Mint Economics will work in Vyvo Smart Chain?
The Vyvo Coin (VSC) to Vyvo Data Credit (VDC) relationship is based on burn-and-mint equilibrium. This relationship’s intent is to allow for a supply of VSC to respond to Data purchase trends such that, when equilibrium is reached, the amount of VSC that currently exists remains static month-to-month. The amount of VDC produced by burning VSC will fluctuate based on the USD price of VSC.