VSN Price

VSN is the native cryptocurrency of the Bitpanda Web3 ecosystem, designed to make Web3 more accessible and rewarding for users. Launched on July 31, 2020, VSN operates on the Ethereum blockchain as an ERC-20 token. It aims to serve both retail users and institutions by offering wallet rewards, fee discounts, cross-chain functionality, and MiCAR-compliant securities token solutions. The token has a maximum supply of 4.2B VSN VSN, with a circulating supply of 2.73B VSN VSN as of 2025-07-17. VSN's core mechanism involves dynamic issuance and revenue-driven token burning under on-chain governance, balancing usability and sustainability. VSN provides various utilities within the Bitpanda ecosystem, including: 1. Wallet rewards for holding and using VSN 2. Discounted fees for transactions and services 3. Cross-chain functionality for enhanced interoperability 4. Governance rights for token holders As a Web3 ecosystem token, VSN aims to bridge the gap between traditional finance and decentralized technologies, offering a user-friendly approach to cryptocurrency adoption and blockchain-based services.

VSN was created on July 31, 2020. It was launched as an ERC-20 token on the Ethereum blockchain, aiming to serve as a Web3 ecosystem token. VSN was designed to provide wallet rewards, fee discounts, and cross-chain functionality for regular users, while also offering MiCAR-compliant securities token solutions for institutions. The core mechanism of VSN involves dynamic issuance and revenue-driven token burning under on-chain governance, balancing user-friendliness with sustainability. As of 2025-07-17, VSN has a total supply of 4.2B VSN tokens, with 2.73B VSN tokens in circulation, representing 65% of its fully diluted market cap.

The founders of VSN (VSN) are not publicly disclosed. The project maintains a level of anonymity regarding its founding team, which is not uncommon in the cryptocurrency space. While the identities of the founders remain unknown, VSN has gained traction in the Web3 ecosystem since its launch, focusing on providing wallet rewards, fee discounts, and cross-chain functionality for users. The project also aims to offer MiCAR-compliant securities token solutions for institutions. As of 2025-07-17, VSN has a total supply of 4.2B VSN tokens, with 2.73B VSN in circulation, representing 65% of the fully diluted market cap.

VSN operates as the native utility token of the Vision Protocol ecosystem. It serves multiple functions: 1. Gas token: Users pay transaction fees in VSN for operations within the network. 2. Governance: VSN holders can participate in on-chain voting to influence protocol decisions. 3. Staking: Users can stake VSN to earn rewards and secure the network. 4. Cross-chain functionality: VSN facilitates interoperability between different blockchain networks. 5. Fee discounts: Holding VSN provides users with reduced transaction fees. 6. Wallet rewards: Users can earn VSN rewards for using the ecosystem's wallet. The token has a dynamic supply mechanism, with new tokens minted through governance decisions and existing tokens burned based on network revenue. This approach aims to balance token economics and ensure long-term sustainability. With a circulating supply of 2.73B VSN out of a maximum 4.2B VSN, VSN combines utility, governance, and economic incentives to power the Vision ecosystem.

VSN uses a decentralized blockchain architecture based on the ERC-20 standard. Its core features include: 1. Proof-of-Stake consensus mechanism for energy-efficient transaction validation 2. Smart contract functionality enabling automated, trustless operations 3. Dynamic token supply controlled by on-chain governance 4. Revenue-driven token burning mechanism for deflationary economics 5. Cross-chain interoperability for seamless asset transfers across networks 6. Wallet integration with rewards and fee discounts to incentivize usage 7. MiCAR-compliant infrastructure for institutional-grade security tokenization This architecture aims to balance scalability, security, and decentralization while providing an accessible platform for both retail and institutional users in the Web3 ecosystem. The VSN network can process thousands of transactions per second with near-instant finality and low fees.

The future of VSN looks promising with a focus on global expansion and enhanced services. Key milestones in the roadmap include: 1. Launching personal multi-currency accounts in 2026, expanding to the EU, UK, Australia, US, and globally. 2. Introducing sports contract trading in 2027, initially in the US and then globally. 3. Enhancing banking services and integrating them with crypto offerings. 4. Increasing accessibility to VSN trading and investment options. 5. Expanding the rewards program to incentivize user adoption and retention. 6. Developing new partnerships to broaden the ecosystem and use cases for VSN. 7. Implementing advanced security measures to protect user assets. 8. Exploring innovative blockchain technologies to improve scalability and efficiency. The team aims to position VSN as a leading cryptocurrency by 2030, with a projected price of $0.2527. By 2035, they anticipate widespread adoption and a potential value of $0.4486.