CryptoCurrencies
1000
 Total Market Cap
19,922,444,636
 Volume 24h
1,390,824,889
 Dominance
HYPE 55.75%   FARTCOIN 5.60%   SOLVBTC 4.95%   DOGE 2.45%

Reddio Vault Ethereum
RSVETH

2500.7
$
2.76 %
Change 24h
Market Cap
$ 1,309,180
Volume 24h
$ 48.51
Circulating Supply
522
Total Supply
985
RSVETH
$
Description
RedSonic is an Ethereum zk Layer 2 solution released and maintained by Reddio. RedSonic Vault Ethereum (rsvETH) is a token that users receive when they deposit ETH, which replaces ETH for cross-chain operations to Layer 2. The ETH stored in RedSonic Vaults will be partially used for risk-free investments, and the generated returns will be proportionally distributed to all rsvETH holders. When users return from Layer 2, the exchange operation will be executed on Layer 1 Ethereum, burning rsvETH to retrieve the principal and all returns in ETH.