What is VOUCHER DOT(VDOT)?

Basic information about VDOT

Coin name:

Voucher DOT

Coin symbol:

Coin introduction:

vDOT (voucher DOT) is a liquid staking derivative (LSD) of staked DOT, with fully underlying DOT reserve and yield-bearing feature of DOT staking reward. Users can deposit DOT into Bifrost SLP protocol and get vDOT as return, vDOT can be traded in the open market or be redeemed back to DOT. Holding vDOT equals to holding the DOT staking position, staking rewards appriciate the exchange price of vDOT. Why vDOT? 1. Liquid Staking The product allows users to stake DOT for liquid vToken, (vDOT). vDOT will keep receiving staking rewards and can continue to be used in Bifrost and Polkadot-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vDOT by adjusting the price of vDOT / DOT upwards. vDOT Rate = SLP Staking DOT (SUM) / vDOT Total Issuance. 3. Floating redemption period, vDOT redemption ≤ 28 days While Polkadot’s original chain Staking has a fixed 28-day redemption period, Bifrost SLP helps users to realize the possibility of early vDOT redemption by matching the real-time vDOT minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption. 4. Higher Staking Yield In the SLP protocol, the protocol screens more than 10 verified nodes through governance (subsequently increasing with the overall staking volume) and adds multiple filters such as the number of nominees, commission ratio, and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes. 5. Multi-environment Compatibility vDOT is one of Substrate assets in Bifrost parachain, by using the HRMP channels between Bifrost and others, it can be easily utilized in EVM, WASM and Substarte competiable parachains.

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Current Price:

$2.28More coin details

All-time high:

$15.37

All-time low:

$1.77

VDOT Supply Info and Tokenomics

Circulating supply:

Total supply:

Max supply:

Market cap:

Fully diluted valuation:

$--

What is the outlook and future value of VDOT?

The current market cap of VDOT is $0, ranked 16534 in the market, showing that the market already recognizes the value of VDOT. When a bull market arrives, the market cap of VDOT may continue to grow.

Moreover, if VDOT can play a greater role in real-world applications—such as if the Monero developers can fully empower VDOT and establish partnerships with more business partners to expand its user base—then the long-term value of VDOT will be further enhanced.

What is the price of VDOT in 2027?

According to the historical price performance prediction model of VDOT, the price of VDOT is expected to reach $2.394 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get VDOT?

Purchasing VDOT with cash is not the only way to obtain VDOT. If you have enough time, you can get VDOT for free.

Learn how to get Hot rewards for free with VDOT.

Earn free VDOT by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get VDOT airdrops for free.

All crypto airdrops and rewards can be exchanged for VDOT through LBank spot trading.

Buy VDOT starting from $1

What is VDOT used for and how to use it?

The use cases for VDOT may grow with the development of the crypto market and project progress. Currently, you can use VDOT to:

Arbitrage trading of VDOT

VDOT is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many VDOT trading pairs to suit your needs.

Earn yield with VDOT

You can also lend out VDOT or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your VDOT gains.

Send or pay with VDOT

If you want to pay someone with VDOT, you can easily and quickly send VDOT to them using their receiving address.

You can also visit the official website of Voucher DOT to learn more use cases of VDOT, such as whether the Voucher DOT project supports community/eco apps or buying physical or virtual goods with VDOT.