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What is VAI coin and how does it work?

by Financial Economy
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Vai is a decentralized stablecoin built on the Venus Protocol running on the Binance Smart Chain. Powered by the Venus Protocol, Vai claims to be the first decentralized stablecoin powered by a range of stablecoins and other crypto assets without central control on the Binance Smart Chain. Detailed information about what is VAI coin, how does it work, which exchange is it on, how much is the price, etc. is in the continuation of the content. You can browse here for information about HXRO coin.

What is VAI coin and how does it work?

Launched in 2019, the Venus Protocol is governed by the XVS token. Second, it is designed as a fair startup cryptocurrency with no upfront allocation to the project’s founders or team. It can be earned through Binance Launchpool by providing liquidity to the protocol.

Powered by the Venus Protocol, Vai claims to be the first decentralized stablecoin powered by a number of stablecoins and other crypto assets without central control on the Binance Smart Chain. Being powered by Binance Smart Chain allows Vai to offer its users a high-speed, low-fee coin market.

About VAI Network!

Vai network is fully secured by Binance Smart Chain. It is compatible with the Ethereum Virtual Machine (EVM) and can work even when the Binance Chain is offline. Binance Smart Chain uses the Proof of Stake (POSA) consensus mechanism.

VAI coin founders!

XVS is deployed with fair launch mechanism without founder and team allocation. It is backed by Swipe, a well-funded startup that is a Binance portfolio company. Swipe was founded by Joselito Lizarondo, who is also the current CEO of the company.

What exchange is VAI coin on?

Vai coin is listed on some cryptocurrency exchanges like Binance, PancakeSwap (V2), Biswap, PancakeSwap, WaultSwap (BSC), etc.

How to buy Vai coin?

Vai coin can be purchased these exchanges which we mentioned it above. However, before trading, it is necessary to make sure that the exchange and crypto project is “TRUSTED”. It is so important for trader/ investor.

VAI coin price!

As of March 4, 2022, at the time of the writing, 1 Vai coin price is around $0,92 (the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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