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VMPX

VMPX

  • Cross-chain Bridge
  • Bitcoin Ecosystem
  • BRC-20
  • Ordinals
Established Year
2023
Operating Status
Active
Ecosystem
EthereumBitcoin
VMPX is a bridge liquidity token, connecting the Bitcoin and Ethereum/X1 blockchains. It exists as a BRC-20 token on the Bitcoin side and as an ERC-20 token on the Ethereum side, both having a total supply of 108,624,000 tokens. Holders of VMPX tokens can earn yield by providing liquidity between the chains through staking into the bridge liquidity pool. Additionally, VMPX token holders have the flexibility to exchange either type of token for the other at a 1:1 ratio (BRC-20 to ERC-20 and vice versa).