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| Value Defi 
| #VALUE
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| VALUE Price: | $0.020 | | Volume: | $288 | | All Time High: | $8.86 | | Market Cap: | $95.0 K |
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| Circulating Supply: | 4,813,019 |
| Exchanges: | 2+
| | Total Supply: | 4,817,076 |
| Markets: | 3+
| | Max Supply: | — |
| Pairs: | 13
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The last known price of #VALUE is $0.020 USD.
 Please note that the price of #VALUE was last updated over 120 days ago. This can occur when coins have sporadic price reporting, no listings on exchanges or the project has been abandonded. All #VALUE statistics should be considered as 'last known value'.
The lowest VALUE price for this period was $0, the highest was $0.020, and the exact last price of VALUE was $0.01973.
The all-time high VALUE coin price was $8.86.
Use our custom price calculator to see the hypothetical price of VALUE with market cap of SOL or other crypto coins. |
The code for Value Defi crypto currency is #VALUE.
Value Defi is 4 years old. |
The current market capitalization for Value Defi is $94,954.
Value Defi is ranked #1044 out of all coins, by market cap (and other factors). |
There is a weak daily trading volume on #VALUE.
Today's 24-hour trading volume across all exchanges for Value Defi is $288. |
The circulating supply of VALUE is 4,813,019 coins, which is 100% of the total coin supply.
Note the limited supply of Value Defi coins which adds to rarity of this cryptocurrency and increases perceived market value. |
Value DeFi x Ren Protocol
A partnership with the purpose of bringing native BTC liquidity to Binance Smart Chain! Motivation: Value DeFi and Ren Protocol will combine their resources to bring BTC and ZEC directly to Binance Smart Chain (BSC). Ren recently added BSC support to RenVM and released RenBridge 2, designed to easily bridge BTC, ZEC, DOGE, etc to other chains. Using this bridge, users can easily convert any amount of native BTC, etc to renBTC BEP-20 and vice versa. https://bridge.renproject.io With that said, this collaboration will facilitate some of the first BTC and ZEC stablepools on BSC; allowing users to trade $renBTC to $BTCB and $renZEC to $ZEC-B at very slippage. The pools are as follows: $renBTC / $BTCB $renZEC / $ZEC-B A Native RenVM Integration In addition to BTC and ZEC stable pools, Value DeFi x Ren will be exploring native RenVM integration via RenJS, which will allow direct deposits and withdrawals of real BTC and ZEC into the Value DeFI Platform, a first for Binance Smart Chain! The end product of this partnership is to enable a seamless option for DeFi users to deposit/withdraw BTC, ZEC, directly onto BSC to receive high yield. By using Value DeFi’s tech and products, this process will have very low slippage and minimals fees. Therefore maximizing profits and user accessibility in the process. Looking Forward | Implementation The BTC and ZEC pools will go live on the 19th April week and once implemented, both teams w... 
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First vStake Pool in Partnership with CDO Finance
vBSWAP holders, we are extremely pleased to share with you our first vStake pool in partnership with CDO Finance. This recently introduced product will allow stakers in any of our vStake pools to receive profit-share from our BSC ecosystem. How does it work? Simply stake your tokens to a vStake and let the smart contract do the hard-work for you! About the vStake Pool: Stake vBSWAP tokens, to earn CODEX tokens!Total Tokens: 500 CODEXDistribution duration: 14 daysStart block: https://bscscan.com/block/countdown/6332000 (April 6th 10PM SGT)Finish block: https://bscscan.com/block/countdown/6710000 (April 20th 10PM SGT)Token rewards per block: 0.001322751322751 CODEX vFarm : In order to host the CODEX vStake pool, we will also provide a CODEX-BNB 70/30 vFarm that will have x0.3 vBSWAP rewards for 14 days with possible extension by voting at a later stage. What is CDO Finance? CDO.finance is the first yield farming project on Binance Smart Chain that offers dynamic risk exposure. Using Collateralized Debt Obligations products, CDO Finance’s users can now obtain leveraged yield farm or risk protection with their assets. To learn more about CDO Finance, we advise you to visit their official communication channels About Value DeFi The Value DeFi platform is a suite of products that aim to bring fairness, true value, and innovation to Decentralized Finance. Their flagship products include vSwap, an automated market-maker...
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Value DeFi x bEarn Fi (Next Level Strategic Partnership)
Since its launch on November 24 2020, bEarn Fi has always demonstrated to be a great partner for the on-going growth of the Value DeFi ecosystem. The two projects joined forces early one and they accomplished important milestones together; one of which being the creation of one of the most lucrative vFarms (BFI on Ethereum blockchain) with the highest APY to date on the Value DeFi platform. Due to the rising cost of ETH gas fees and the rising demand from our community, the Value DeFi recently expanded to Binance Smart Chain (BSC) and launched their first deflationary token on the network; vBSWAP. We believe this expansion is a great opportunity to move our partnership to the next level bEarn Fi will be collaborating with Value DeFi on multiple levels and both teams will commit to develop and allocate resources & new techniques to strengthen the existing collaboration:bEarn Fi will provide $1,000,000 in liquidity to the BDO-vBSWAP 70/30 pool for users to experience new trading options. This pool will be incentivized with vBSWAP on vFarm for at least 12 months after the TVL requirement is reachedbEarn Fi will work with Value DeFi on building vLott (Lottery), BDO & BFI and vBSWAP will be accepted as payment options to buy tickets. A 0.69% incentive fee from vLott will be distributed to BFI’s stakers (bStake) while a 0.6% incentive fee will be used to buyback vBSWAP and burn.The two teams will join their development ...
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vToken Whitepaper Summary
The purpose of this Medium article is to outline key components of the newly released vToken Whitepaper. For a more complete view of the system, the Official vToken Whitepaper can be referenced at: Whitepaper LinkIntroducing vTokens Users will now be able to move vUSD, vBTC and vDOT cross-chain in a decentralized manner, governed by VALUE holders. Notably, Polkadot (DOT) holders will be able to store and trade their tokens on the Ethereum blockchain, with the same applying to Bitcoin holders for both Ethereum and Polkadot. Value DeFi will become a viable option for users to exchange BTC and DOT with other ERC-20 tokens without going through a centralized exchange. Our vToken technology has been intentionally designed to be interchangeable as we plan to launch other vTokens to additional cross-chain partners/projects. After the successful launch of the first wave of vTokens, we will begin building our new decentralized lending platform — Value Lending. Accepting vUSD, vBTC, vDOT, ESD and BAC as a new class of seigniorage tokens. Value Lending articleSeigniorage — The Basics The core mechanics of seigniorage tokens is expansion and contraction. The algorithm used to calculate this rate is highly complex, but the result is quite simple and uses basic laws of economics. When a vToken is worth more than its peg (ie. vUSD > $1), the protocol is in expansion and vUSD will be minted. As increasing the supply causes in...
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VIP 10: MultiStables Vault Exploit Post-mortem
Summary Following the MultiStables Vault Exploit Post-mortem https://link.medium.com/syV3D7uV4bb, we will create a compensation fund which will be funded by a combination of the dev fund, insurance fund and a portion of fees that are currently generated by the protocol. Motivation We propose some changes to the fee structure as follows: Increase vault performance fees to 20% and receipt from swap fees to 50% (previously was 14% and 30%) Then, we consider two options on how the fees go to the compensation fund: 1) 30% of all profits (with the new above fees) go to the compensation fund (exactly 6% of performance fee and 15% cut from swap fee). That means governance vault stakers will receive 14% of performance fee and 35% cut from swap fees (which is same performance fee as before and 5% more fee from cut) 2) 50% of all profits go to the compensation fund (that means 10% performance fee and 25% cut from swap fee). Governance vault stakers will receive 10% performance fee and 25% cut from swap fee (a bit lower) To make the accounting part for affected users as seamless as possible, an IOU token named $VBOND will be created at a 1:1 ratio for every dollar lost by affected farmers at the MultiStables vault with some enhancements. 6110772.30995$ was lost in the incident, so 6110772.30995 $VBOND will be created. The two addresses which received 45K DAI and 50K DAI respectively from the exploiter will see their $VBOND claimed amo...
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Elastic Decentralized Loans powered by Chainlink
Introducing vUSD and vETH Note: This article represents a snapshot of a work in progress for the upcoming rebase decentralized lending platform. All the descriptions in this article are subject to change at anytime. We invite the community to refine these ideas with us to make a better platform. Digital assets pegged to a stable asset with elastic supplies are a fundamentally new paradigm in the world of decentralized finance. These assets work by pegging a token to a price feed with pre-defined “rebasing” rules. If these assets were securities and not digital commodities, rebasing events, when the supply of the asset has changed, would be equivalent to automatic stock splits or reverse stock splits. In the absence of external market forces, speculation drives the market mechanics of elastic assets with traders designing strategies based primarily on the market capitalization of the underlying asset. No inherent incentive exists for traders to maintain a peg. Let us quickly review a simplified version of the rebasing mechanics of vUSD and vETH. For those unfamiliar with the concept, the process is straightforward. At a high level, if the price of vUSD exceeds $1.10 (based on some oracle price feed), then the supply of vUSD expands and all holders receive the same increase of vUSD. Holders include automated market maker smart contracts and other bonding curves. Since the supply in the reserve pool of an AMM for vUSD has ...
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Roadmap update : Future Features
Roadmap update : Future Features New Released Features : Read more here ★ Composite Vaults. Future Features : Read more below ★ Improved Vaults. ★ FaaS Phase 2. ★ Decentralized Secured Loan Marketplace. Collateralize LPs, Borrow vUSD! Find out more here. ★ Core Upgrade for Value Liquid to use an external router instead of Balancer’s internal proxy. Estimated savings of up to 70% cheaper gas price! ★ Value DeFi Goes Cross-chain. ★ Vaults-as-a-Service. New Stables Vault Farming BarnBridge (BOND) The strategy is quite simple, focus on farming BOND and auto-sell the harvest when epoch changes and the rewards become available. The code is based heavily on the Composite vault because the reward mechanism of BarnBridge is similar to Balancer (rewards are claimed weekly at a certain time instead of anytime). We believe we could improve the user-experience of BOND farmers by creating this vault. MultiStaking Vault, with External Strategy Customization After doing a lot of market research, we concluded that many DeFi tokens have their own staking pool for their own tokens with some disadvantages:High cost in gas for small users to claim the staked rewards and sell it for profit (or restake it for more compounded interest)Most staking pools do not have any auto-compounding capability For example, the MultiStaking vault will:Take the DODO token from users as depositStake at the DODO staking poolClaim the rewa...
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Roadmap Update: New Released Features
New Released Features ★ Composite Vaults. Read more below. Future Features : Read more here ★ Improved Vaults. ★ FaaS Phase 2. ★ Decentralized Secured Loan Marketplace. Collateralize LPs, Borrow vUSD! Find out more here. ★ Core Upgrade for Value Liquid to use an external router instead of Balancer’s internal proxy. Estimated savings of up to 70% cheaper gas price! ★ Value DeFi Goes Cross-chain. ★ Vaults-as-a-Service. Composite Vaults for UNI LPs, Farming Sushi and Balancer The newly released vaults (named Composite vaults) use an upgraded version of Vault v1 (single share with multi-strategy). The vaults accept multiple inputs: UNI v2 LP, SLP, BPT or other paired assets directly. In addition, there is a converter contract to move between different LP assets. Why is this safer than MultiStables Vault? Composite Vaults are not multi-asset vaults that run multiple strategies with multiple LP assets. As such, there is no need to calculate conversion rates between various LPs, which led to the MultiStables security breach. CompositeVaults:Pros: there is a separate vault for each asset. As such, deposited LP assets will stay in the same form in the vault and will not be susceptible to external price feed attacks.Cons: There is no auto-rebalancing feature to optimize APY as in MultiStables Vault. Users will need to switch between vaults manually (we make the switch easier for users with our UI) All the co...
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ValueDeFi Integrating Chainlink Price Feeds to Ensure Maximum Security for Relaunch of…
ValueDeFi Integrating Chainlink Price Feeds to Ensure Maximum Security for Relaunch of MultiStables Vault In light of the recent flash loan exploit on our previous oracle mechanism, we have engaged multiple security experts to find a solution for securing the ValueDeFi protocol. After many focused discussions and weighing the different options, we found Chainlink to be the best oracle solution that provides a sufficiently robust and tamper-resistant price oracle solution capable of mitigating flash loan attacks. The MultiStables Vault relaunch will utilize Chainlink Price Feeds for all supported stablecoins to ensure our oracles maintain round the clock market coverage across all trading environments. This removes our exposure to temporary flash loan-induced price distortions that exist when pulling data straight from Curve.finance’s on-chain liquidity pools or any other on-chain generated price feed such as Uniswap.exchange. Backed by high quality data, secure and transparent oracle infrastructure, and strong economic incentives, Chainlink’s decentralized price feeds are inherently resilient against flash loan attacks thanks in part to the wide market coverage they provide. As such, we have elected to use Chainlink’s existing stablecoin price feeds to calculate the underlying value of our Liquidity Pool tokens, preventing manipulation of user-backed reserves from occurring. To better understand how Chainlink will secur...
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MultiStables Vault Exploit Post-Mortem
Summary: The ValueDefi MultiStables vault was recently the subject of a complex attack that resulted in a loss of user deposits. What follows below is a post-mortem analysis and a description of proposed actions to mitigate economic impact on the community. The Incident: On Nov 14th 2020 at 03:36:30 PM UTC, a hacker performed a flash-loan exploit on the MultiStables vault of ValueDeFi protocol, which resulted in a net loss of roughly 6mil$. The new vault uses our new code of vault v2, which had not been audited. Our Solidity lead dev has provided a summary of the attack that illustrates the main points with approximated values. (https://etherscan.io/tx/0x46a03488247425f845e444b9c10b52ba3c14927c687d38287c0faddc7471150a) [1] Flash loan 80k ETH on Aave, buy 116m DAI and 31m USDT [2] Deposit 25m DAI to Vault (via Bank — did not check for smart contract entrance): get back 24,956,075 mvUSD [3] Swap 91m DAI to 90m USDC, and 31m USDT to 17m USDC, leave the 3pool almost no USDC At this moment, the Vault has 8.5m 3Crv, 2.2m BCrv and 300k CCrv: Total 3Crv balance of Vault = 8.5m + convert_rate_bcrv_to_3crv(2.2m) + convert_rate_ccrv_to_3crv(300k) convert_rate_xxx_to_3crv(A) = convert A xxx to B USDC and add B USDC to the 3pool. Since the 3pool has no USDC the 3Crv calculated by 3pool will be ~3x to normal rate. -> Total 3Crv balance of Vault = 14.5m — not 11m as it should [4] Withdraw 24,956,075 mvUSD from DAI. Shar...
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