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12/7/2022, 1:38:18 PM

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VaporNodes is on the decline this week.

The price of VaporNodes has fallen by 2.32% in the past 7 days. The price declined by 3.03% in the last 24 hours. In just the past hour, the price grew by 0.49%. The current price is $0.0028 per VPND. VaporNodes is 97.85% below the all time high of $0.13.

The current circulating supply is 0 VPND.


What Is Vapornodes (VPND)?

Vapornodes (VPND) is a DeFi Protocol powered by the community to provide users access to projects based on blockchain technology. According to the official document, Vapornodes is a decentralized network that aims to offer users access to the DeFi projects across various chains. The network also aims to make decentralized finance accessible to everyone as a service. Furthermore, VaporNodes claims that they are one of the first DaaS (Data as a Service) companies to use the Avalanche network, due to its lower fees and quick transaction time. 

According to the document paper, the platform also intends to offer a long-term sustainable environment. The yield can be farmed and redistributed in equal proportion to the nodes relative to how much $VPND is within them. Farming is the practice of lending funds to others using smart contracts in exchange for fees in the form of cryptocurrency. The yield is distributed back across these nodes, acting as yield baskets that create a source of passive income. For each node purchased, the user receives daily rewards in the form of $VPND. 

The network seeks to create a flexible node system in order to make VaporFi affordable to everyone. The community follows a decentralized governance model as a DAO and decides how the Treasury funds are invested and where the development team should focus their time to innovate and build the sustainability of the protocol and the product itself. 

VPND is the native token of the Vapornodes network. Out of the total token supply, 84% of the tokens were distributed to the Reward Pool, 8% to the VPND/AVAX LP, and 8% to the Team Pool (Operational Budget). Furthermore, the user can purchase VPND tokens by downloading the Metmask extension in their browser and ensuring the Avalanche network is on their network's list. There they find a button to add the Avalanche Network. When the user's wallet is appropriately set up, they need to own some AVAX (the native token of the Avalanche network) and then can purchase some VPND. 

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What is the current price of VaporNodes?

The price of 1 VaporNodes currently costs $0.0028.

What is the market cap of VaporNodes?

The current market cap of VaporNodes is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of VaporNodes?

The all-time high of VaporNodes is $0.13. This all-time high is highest price paid for VaporNodes since it was launched.

What is the 24 hour trading volume of VaporNodes?

Over the last 24 hours, the trading volume of VaporNodes is $23.14K.

What other assets are similar to VaporNodes?

Assets that have a similar market cap to VaporNodes include KarenCoin, FXT Token, JUMPX, and many others. To see a full list, see our comparable market cap assets.

How many VaporNodes are there?

The current circulating supply of VaporNodes is 0.