Vertex
VRTX

0.1724
$
3.09 %
Change 24h
Market Cap
$ 53,964,700
Volume 24h
$ 3,466,520
Circulating Supply
312,909,000
Total Supply
1,000,000,000
VRTX
$
Description
Vertex Protocol plans to decentralize governance and provide additional utility via the release of a governance token, VRTX. The main function of VRTX will be to facilitate effective decentralized participation in Vertex while also creating xVRTX, a liquid staking token, and voVRTX, the protocol’s untransferable voting token. Both are essential in rewarding different levels of commitment to the protocol and rewarding stakeholders at various levels of governance and participation.