CryptoCurrencies
1000
 Total Market Cap
2,969,563,308,368
 Volume 24h
129,981,106,622
 Dominance
BTC 64.55%   ETH 11.19%   XRP 5.05%   USDT 4.80%

Reddio Vault Ethereum
RSVETH

1640.1
$
91.20 %
Change 24h
Market Cap
$ 1,619,250
Volume 24h
$ 884.61
Circulating Supply
985
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.