What is VOUCHER KSM(VKSM)?

Basic information about VKSM

Coin name:

Voucher KSM

Coin symbol:

Coin introduction:

vKSM (voucher KSM) is a liquid staking derivative (LSD) of staked KSM, with fully underlying KSM reserve and yield-bearing feature of KSM staking reward. Users can deposit KSM into Bifrost SLP protocol and get vKSM as return, vKSM can be traded in the open market or be redeemed back to KSM. Holding vKSM equals to holding the KSM staking position, staking rewards appriciate the exchange price of vKSM. Why vKSM? 1. Liquid Staking The product allows users to stake KSM for liquid vToken, (vKSM). vKSM will keep receiving staking rewards and can continue to be used in Bifrost and Kusama-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vKSM by adjusting the price of vKSM / KSM upwards. vKSM Rate = SLP Staking KSM (SUM) / vKSM Total Issuance. 3. Floating redemption period, vKSM redemption ≤ 7 days While Kusama’s original chain Staking has a fixed 7-day redemption period, Bifrost SLP helps users to realize the possibility of early vKSM redemption by matching the real-time vKSM 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 vKSM 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:

$7.98More coin details

All-time high:

$81.38

All-time low:

$7.26

VKSM Supply Info and Tokenomics

Circulating supply:

Total supply:

Max supply:

Market cap:

Fully diluted valuation:

$--

What is the outlook and future value of VKSM?

The current market cap of VKSM is $0, ranked 16530 in the market, showing that the market already recognizes the value of VKSM. When a bull market arrives, the market cap of VKSM may continue to grow.

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

What is the price of VKSM in 2027?

According to the historical price performance prediction model of VKSM, the price of VKSM is expected to reach $8.379 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 VKSM?

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

Learn how to get Hot rewards for free with VKSM.

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

Join LBank Launchpad to get VKSM airdrops for free.

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

Buy VKSM starting from $1

What is VKSM used for and how to use it?

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

Arbitrage trading of VKSM

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

Earn yield with VKSM

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

Send or pay with VKSM

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

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