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Market

Market stats

Market cap

$2.2M

Volume (24h)

$35,159.71

Circulating supply

223.5M VLXPAD

All time high

$1.36

Price change (1h)

+1%

Price change (24h)

+3.44%

Price change (7d)

-4.93%

About VelasPad

What Is Velaspad (VLXPAD)?

Velaspad is built on top of the Solana codebase and features a custom-built AI-fueled proof-of-stake (AIDPOS) consensus system. The Velaspad is created for the next generation of decentralized applications (DApps).

Velaspad is a virtual expanding autonomous system that seeks to automatically respond and adapt to changes in network load so that all applications experience a consistent and optimized experience. VLXPAD is the native token of the Velaspad project. VelasPad's main deflationary mechanisms include a 10% fee on all token sales (transaction orders) and a 25% fee on early unstaking.

Transaction fee distribution is as follows: 7.5% is rewarded to stakers in VLX. The remaining 2.5% is burned forever. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burned to reduce availability and increase market value.

Fees associated with early unstaking: There will be the option to unstake early at a 25% burn rate. In contrast, there is no fee if users wait eight weeks to unstake. VLXPAD has multiple deflationary mechanisms, including burn fees and transaction fee redistribution. Burning a cryptocurrency occurs when sent to an account that can only accept it.

Velaspad aims to represent a potent asset to VLXPAD token holders and its special projects. Moreover, the platform seeks to feature the tried-and-tested anti-bot and trader-first liquidity systems, cross-chain bridges, and proven staking systems. The project aims to ensure that its backers and participants enjoy stable long-term growth through several deflationary triggers tied to transactions, staking, and IDO (initial DEX offering) participation.

Based on its ability to support more than 50,000 transactions per second (tps), as well as its ability to support smart contracts written in multiple languages, Velaspad aims to be uniquely positioned to host mass-market blockchain-powered applications.

The mission of VelasPad is to finance and support the development of new blockchain projects.

The BlueZilla ecosystem of products includes VelasPad, an open-source project management tool that provides extensive possibilities for cross-platform integrations and partnerships.

History of Velaspad (VLXPAD)

The Velaspad has a maximum total supply of 1,000,000,000 VLXPAD tokens.

News

BeInCrypto • Dec 04, 23

Fiat and Crypto Will Co-exist For ‘A Long Time,’ Says Brian Armstrong

Discover Brian Armstrong's insightful perspective on the coexistence of fiat and cryptocurrency in the economic landscape.The post Fiat and Crypto Will Co-exist For ‘A Long Time,’ Says Brian Armstrong appeared first on BeInCrypto.

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BeInCrypto • Dec 04, 23

Solana Founder Calls for Healthy Rivalry Against Ethereum

Dive into the dynamic dialogue around Solana and Ethereum as their co-founder envisions a thriving future for both platforms. The post Solana Founder Calls for Healthy Rivalry Against Ethereum appeared first on BeInCrypto.

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CoinDesk • Dec 03, 23

Bitcoin Breaks $40K for First Time in 19 Months Amid Broader Crypto Market Rise

The price of Bitcoin hit $40,000 on Sunday for the first time in 18 months, while Ethereum rose past $2,200.

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Decrypt • Dec 03, 23

Bitcoin Hits $40,000 for First Time Since April 2022

Bitcoin is back above $40,000, continuing its recent rise amid anticipation over a potential spot ETF approval in the U.S. And ETH is up too.

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The Defiant • Dec 03, 23

Our Most Read Stories This Week: Bitcoin Hodlers, Vitalik's Techno Optimism, BTC Miner

The Defiant's most read stories for the week of Nov. 27.

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Decrypt • Dec 03, 23

Every Game on Ethereum Scaler Immutable in the Epic Games Store

Many games are using Ethereum layer-2 blockchain Immutable X or the upcoming Immutable zkEVM. Here's what you'll find on the Epic Games Store.

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Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

VelasPad is on the decline this week.

The price of VelasPad has fallen by 4.93% in the past 7 days. The price increased by 3.44% in the last 24 hours. In just the past hour, the price grew by 1.00%. The current price is $0.0100 per VLXPAD. VelasPad is 99.27% below the all time high of $1.36.

The current circulating supply is 223,521,386.405 VLXPAD.

FAQ

What is the current price of VelasPad?

We update our VelasPad to USD currency in real-time. Get the live price of VelasPad on Coinbase.

What is the market cap of VelasPad?

The current market cap of VelasPad is $2.23M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of VelasPad?

The all-time high of VelasPad is $1.36. This all-time high is highest price paid for VelasPad since it was launched.

What is the 24 hour trading volume of VelasPad?

Over the last 24 hours, the trading volume of VelasPad is $35.16K.

What other assets are similar to VelasPad?

Assets that have a similar market cap to VelasPad include Virtue Poker, All.Art Protocol, Idavoll DAO, and many others. To see a full list, see our comparable market cap assets.

How many VelasPad are there?

The current circulating supply of VelasPad is 224 million.

Can I buy VelasPad on Coinbase?

Yes, VelasPad is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy VelasPad guide.

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