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About VEC

Vector (VEC) is a cryptocurrency launched in 2024. VEC has a current supply of 10.00M with 0 in circulation. The last known price of VEC is 1.30 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at .
VEC Price Statistics
VEC’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#6396
VEC Market Cap
Market Cap
$0
Fully Diluted Market Cap
$13.00M
VEC Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
VEC Supply
Circulating Supply
0
Total Supply
10.00M
Max Supply
10.00M
Updated Dec 13, 2024 9:53 am
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VEC
Vector
$1.30
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Eigen Foundation Allocates EIGEN Tokens To Support Ethereum Developers
Eigen Foundation Allocates EIGEN Tokens To Support Ethereum Developers
According to Cointelegraph, the Eigen Foundation has announced its decision to allocate 1% of the EIGEN token supply to the Protocol Guild. This group consists of core developers who are responsible for maintaining the Ethereum layer-1 blockchain. The funds are intended to support the ongoing efforts of the Protocol Guild, which currently includes 180 members from 29 different teams. EigenLayer, a restaking protocol on Ethereum, allows Staked Ether (stETH) and other assets to be repurposed and staked multiple times. This mechanism provides investors with additional yield opportunities while enabling other protocols to leverage Ethereum’s security. EigenLayer's role has made it a significant part of the Ethereum network’s infrastructure, garnering both praise and concern from the Ethereum community. Restaking has been highlighted as a method to introduce fresh capital into the crypto space, with the potential to create a new asset class. It serves as an outsourced form of security for blockchain protocols and decentralized applications, allowing protocols to use restaked assets for network security. This approach reduces the need for protocols to launch their own tokens, thereby lowering the barrier to entry for developers and decentralized applications. Data from DefiLlama indicates that restaking protocols currently hold approximately $26.9 billion in total value locked (TVL), with EigenLayer accounting for the majority at around $18.2 billion. The popularity of EigenLayer has propelled the EIGEN token into the top 100 cryptocurrencies by market capitalization in October. However, it has since fallen to rank 108. In November, EigenLayer expanded its restaking options to include Wrapped Bitcoin products, allowing users to deposit uniBTC to the ARPA Network, a protocol built on EigenLayer, in exchange for a yield. December data from DefiLlama shows that the total value locked across the decentralized finance ecosystem is approaching the highs seen in 2021. This increase in total value locked is partly due to liquid restaking products and the growth of wrapped Bitcoin instruments.
Dec 13, 2024 9:26 am

Frequently Asked Questions

  • What is the all-time high price of Vector (VEC)?

    The all-time high of VEC was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Vector (VEC) is 0. The current price of VEC is down 0% from its all-time high.

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  • How much Vector (VEC) is there in circulation?

    As of , there is currently 0 VEC in circulation. VEC has a maximum supply of 10.00M.

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  • What is the market cap of Vector (VEC)?

    The current market cap of VEC is 0. It is calculated by multiplying the current supply of VEC by its real-time market price of 1.30.

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  • What is the all-time low price of Vector (VEC)?

    The all-time low of VEC was 0 , from which the coin is now up 0%. The all-time low price of Vector (VEC) is 0. The current price of VEC is up 0% from its all-time low.

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  • Is Vector (VEC) a good investment?

    Vector (VEC) has a market capitalization of $0 and is ranked #6396 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Vector (VEC) price trends and patterns to find the best time to purchase VEC.

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