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ProtocolsVires Finance

INCLUDE IN TVL:

Vires Finance (VIRES)

Total Value Locked
$8.23m
  .csv
Chain Breakdown
Waves$8.23m
Include in TVL (optional)
$14.99m
$14.99m

Protocol Information

Vires.finance is is a decentralized non-custodial liquidity protocol based on Waves Blockchain, where users, wallets and dapps can participate as depositors or borrowers.

Category:Lending

Audits
:

Token Information

Address:DSbbhLsS...uU1gwy

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.