a huge bump in tvl for the core pool on ethereum?
https://t.me/venusprotocol/1/542689
Hi, where can I buy VBCH from?
Anyone available???
Hello! VBCH is a receipt token you get for supplying BCH on Venus Protocol.
Does this mean I will get 200 VBCH if I supply 200 BCH?
No.. 1 BCH is approximately 48.3 vBCH. You can check out more details about the market here; https://app.venus.io/#/core-pool/market/0x5F0388EBc2B94FA8E123F404b79cCF5f40b29176?chainId=56
Ok, it's clearer now. Lastly, if I supply BCH and then I get VBCH in return, 1. Will I lose the VBCH when I remove the BCH I supplied? 2. Can I sell the VBCH while I supplied BCH?
You'll be able to claim back your BCH in the wallet you supplied from. I.e the wallet holding your VBCH. And you shouldn't sell your vBCH, I don't think you can...As you'll need the vBCH when you want to claim back your supplied BCH.
Also, your first question. Just for more clarity, when you supply an asset on Venus, Venus takes your asset and gives you a receipt in return. That receipt is vToken, which in your own case is vBCH. So whenever you need to claim your asset back, you'll have present this receipt. I hope you get the point now. 😉
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