| General information | |
|---|---|
| Global rank: | 4395 |
| Name: |
Vera |
| Symbol: | VERA |
| Current coin price (USD): | 0.000081 $ |
| Last hour: | arrow_upward0.010 % |
| Last 24 hours: | arrow_upward0.020 % |
| Last 7 days: | 1.32 %trending_up |
| Capitalisation (USD): | 0.000000 $ |
| Volume 24h (USD): | 76 304.00 $ |
| Available supply: | 0.000000 VERA |
| Total coin supply: | -1 VERA |
| Start date: | 2021-09-18 |
Vera/United States Dollar (VERA/USD) price chart
Vera/United States Dollar (VERA/USD) capitalisation and volume charts
Vera is a decentralized protocol built on top of major blockchains that allows essential financial services for NFTs such as renting, lending, and mortgages. Decentralized protocols are non-custodial, meaning the services never rely on the custody of any middleman or intermediary.
$VERA is the original utility token for the Vera network and entered the market on September 23, 2021 as both an ERC-20 and BEP-20 token. $VERA will be used to govern Vera's system of NFT rental/lending and financing/mortgage pools sometime after its mainnet goes live. Users can post $VERA tokens as collateral to raise their borrowing limits for NFT financing/mortgage loans. Those who borrow $VERA or rent $VERA-verified NFTs can also bypass the borrowing/rental fees and get a discount on fees if they post it as collateral. Fees collected by the Vera platform are also used to burn $VERA. The remaining fees are used to pay lenders.