Vires Finance
VIRES

4.530
$
2.44 %
Change 24h
Market Cap
$ 4,348,840
Volume 24h
$ 1629.7
Circulating Supply
960,086
Total Supply
35,386
VIRES
$
Description
Vires.finance is a decentralised non-custodial liquidity protocol based on Waves blockchain, where users, wallets and dapps can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to take a loan in an overcollateralized manner. Vires.finance utilises common pool-based mechanics where all the funds deposited participate in interest-bearing activities equally. The greater the demand for borrowing an asset is, the greater APY lenders get in return. Users can lend and borrow the following tokens: WAVES, USDN, USDT, ETH, USDC, EURN and BTC.