Vether Coin Price & Market Data
Vether price today is $18.82 with a 24-hour trading volume of $27,645. VETH price is down -9.6% in the last 24 hours. It has a circulating supply of 730 Thousand VETH coins and a total supply of 1 Million. If you are looking to buy or sell Vether, Uniswap (v2) is currently the most active exchange.
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.