VelocityVLCT
NFT smart contract platform
$0.100
Summary
Key Metrics
24h Volume The aggregate trading volume for VLCT on Defi-Ant over the past 24hrs, in USD. |
0.00000000 |
---|---|
Circulating Supply Amount of VLCT that is currently available to the public and in circulation. |
5,000,000,000 |
Market Cap The Marketcap is calculated using the last price on Defi-Ant and liquid supply sourced from Messari.io |
10,000,000,000 |
Key Info
Sector Category |
Smart Contract Platforms Infrastructure |
---|---|
Token Type Token Usage |
Native Payments |
Consensus Algorithm On-Chain Governance Type |
Proof-of-Work Delegative on-chain vote |
Overview
It is a token that can be used as a loan with NSP and DANT as collateral. For example, if you own a $1000 NFT piece with DANT, you can borrow up to 50% of the $500 equivalent, but with conditions, you can raise your investment again with NFT or NSP.
The fee for this is paid in advance at 10% of the loan amount and repaid with interest of 14.99% in DANT or NSP.
The 3 tokens are freely swappable.