Vesta Stable (VST)

Market Cap$263,353

Price	$1.00

Issuance Stats
Total Circulating	263.4k

Optional Circulating Counts
Unreleased	0

DescriptionVesta is a layer 2-first lending protocol where users can deposit collateral to mint VST (Vesta Stable) - a USD-pegged stablecoin.

Category:crypto-backed

Minting and RedemptionUsing the Vesta Finance app, users mint VST by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back VST is burned.