About Vether Coin
Vether price today is $0.466287 with a 24-hour trading volume of $15.46. VETH price is up 7.5% in the last 24 hours. It has a circulating supply of 510 Thousand VETH coins and a max supply of 1 Million. Uniswap (v2) is the current most active market trading it.
A strictly-scarce Ethereum-based asset.
Vether is designed to be a store-of-value with properties of strict scarcity, unforgeable costliness and a fixed emission schedule. Vether mimics characteristics of Bitcoin, where miners compete to expend capital to acquire newly-minted coins and chase ever-decreasing margins. Instead of expending capital, Vether participants compete to purchase it by destroying capital on-chain. As a result, all units of Vether are acquired at-cost and by anyone. This mechanism is called Proof-of-Value.