| General information | |
|---|---|
| Global rank: | 1285 |
| Name: |
Vai |
| Symbol: | VAI |
| Current coin price (MUR): | 46.19 ₨ |
| Last hour: | arrow_upward0.010 % |
| Last 24 hours: | arrow_downward-0.110 % |
| Last 7 days: | -0.030 %trending_down |
| Capitalisation (MUR): | 238 114 550.32 ₨ |
| Volume 24h (MUR): | 330 890.41 ₨ |
| Available supply: | 5 154 667.00 VAI |
| Total coin supply: | -1 VAI |
| Start date: | 2020-11-23 |
Vai/Mauritian Rupee (VAI/MUR) price chart
Vai/Mauritian Rupee (VAI/MUR) capitalisation and volume charts
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.