What is Vyvo Smart Chain Network?
Vyvo Smart Chain Network is a Layer 1 Ethereum-compatible blockchain network. It is the latest blockchain framework that aims to ensure data security and decentralization through hybrid Proof-of-Stake (PoS) and Proof-of-Sensing (PoSe) validation protocols.
What is Vyvo Coin $(VSC)?
Vyvo Coin ($VSC) is the native cryptocurrency of Vyvo Smart Chain Network. It is used for various purposes within the ecosystem, including staking and rewarding users for contributions.
How the Burn-and-Mint Economics will work in Vyvo Smart Chain?
The Vyvo Coin (VSC) to Vyvo Data Credit (VDC) relationship is based on burn-and-mint equilibrium. This relationship’s intent is to allow for a supply of VSC to respond to Data purchase trends such that, when equilibrium is reached, the amount of VSC that currently exists remains static month-to-month. The amount of VDC produced by burning VSC will fluctuate based on the USD price of VSC.
Vyvo Smart Chain Price Analysis
As of December 25 2024 Vyvo Smart Chain has a marketcap of $45M.
This is {{percentagefromath}} from its all time high of $0.075584.
In terms of its tokenomics, there's a total supply of 20B with 20% currently outstanding.
Keep in mind Vyvo Smart Chain has a fully diluted value of $225M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
