Vai (VAI) Market Cap Reaches $5.54 Million

Vai (VAI) traded 0.2% higher against the dollar during the twenty-four hour period ending at 7:00 AM ET on May 7th. Vai has a total market cap of $5.54 million and $231,674.59 worth of Vai was traded on exchanges in the last day. Over the last seven days, Vai has traded up 0.1% against the dollar. One Vai token can now be purchased for $1.00 or 0.00001562 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 0.7% against the dollar and now trades at $0.30 or 0.00000469 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.6% lower against the dollar and now trades at $0.0099 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Vai Profile

Vai was first traded on November 16th, 2020. Vai’s total supply is 5,535,361 tokens. Vai’s official message board is medium.com/venusprotocol. The Reddit community for Vai is https://reddit.com/r/venusprotocol and the currency’s Github account can be viewed here. Vai’s official website is venus.io. Vai’s official Twitter account is @venusprotocol and its Facebook page is accessible here.

According to CryptoCompare, “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.”

Vai Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Vai directly using U.S. dollars. Investors seeking to trade Vai should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Vai using one of the exchanges listed above.

VAI/USD price chart by TradingView