Name: Vision
Brand: Vision
SKU: VSN
Price: 0.099 USD
Availability: InStock

Question 1

What is Vision (VSN)?

Accepted Answer

Vision (VSN) is the native cryptocurrency token of the Bitpanda Web3 ecosystem. It powers a compliant, user-centric ecosystem designed to make Web3 accessible, tangible, and rewarding for everyone, especially focusing on decentralised finance in Europe and beyond. VSN fuels on-chain activities across Bitpanda’s DeFi Wallet, its Layer 2 infrastructure called Vision Chain, launchpad, and interoperability protocol, providing utility such as staking rewards, fee discounts, governance participation, and early access to vetted token launches. It also serves as the backbone of Bitpanda’s Web3 loyalty and rewards programs, continuously reinforcing the ecosystem through mechanisms like buybacks, burns, and rewards tied to transaction fees.

Question 2

What differentiates Vision (VSN) from other tokens?

Accepted Answer

Vision (VSN) differentiates itself from other tokens through several key features:

It has a protocol-based emission model allowing additional token issuance over time, supporting network growth and staking rewards rather than having a fixed supply.
VSN provides governance functions limited strictly to on-chain ecosystem parameters, such as burn rates, but does not extend governance over the Vision web3 Foundation or its affiliates.
It supports cross-chain minting and burnable bridging, enabling interoperability beyond the Ethereum blockchain.
The launch included a structured migration from existing tokens (BEST and PAN) with careful fixed conversion rates to ensure fairness and protect against manipulation.
It is backed by the VISION web3 Foundation which drives research, development, and promotion of distributed ledger technology (DLT) and Web3 ecosystems, embedding VSN in a broader institutional framework.

Question 3

What is the utility of Vision (VSN)?

Accepted Answer

The utility of Vision (VSN) includes:

Fueling on-chain activity within Bitpanda's Web3 ecosystem, including its DeFi Wallet, Vision Chain Layer 2 infrastructure, launchpad, and interoperability protocol.
Providing staking rewards to token holders who participate in securing and supporting the network.
Offering fee discounts to users transacting within the Bitpanda ecosystem.
Enabling governance participation where token holders can influence certain on-chain parameters.
Granting early access to vetted token launches through the Bitpanda launchpad.
Serving as the foundation for Bitpanda's Web3 loyalty and rewards programs, where part of the fees generated are used for buybacks, burns, and direct rewards to users, thus reinforcing ecosystem sustainability.

Question 4

What does the Vision (VSN) whitepaper promise?

Accepted Answer

The Vision (VSN) whitepaper outlines the following promises:

An initial supply of 4.2 billion tokens with a protocol-based emission model that supports gradual token issuance to incentivize network growth and reward staking.
VSN is an ERC-20 token on Ethereum with cross-chain minting and burnable bridging capabilities to enable interoperability across blockchains.
Provides holders with functionalities such as staking and governance over specific on-chain ecosystem parameters (e.g., burn rates), while clarifying governance does not cover the Vision web3 Foundation.
A fair, fixed-rate migration mechanism from Bitpanda Ecosystem Token (BEST) and Pantos (PAN) to VSN based on historical average market prices.
Plans for market access via listings on reputable centralized and decentralized exchanges worldwide, ensuring liquidity and free secondary market trading.
The token is designed to align incentives among users, developers, institutions, and regulators, advancing a user-centric and compliant Web3 ecosystem.

Question 5

What consensus mechanism does Vision (VSN) use?

Accepted Answer

Vision (VSN) is an ERC-20 token minted on the Ethereum blockchain and does not itself implement a unique consensus mechanism. Its functionality relies on the underlying Ethereum network's consensus system. However, VSN powers activities such as staking and governance within its token ecosystem, supporting user participation and network growth through a protocol-based emission model.

Question 6

Who created Vision and why?

Accepted Answer

Vision (VSN) was created by the VISION web3 Foundation and is backed by Bitpanda, with the mission to make Web3 accessible, tangible, and rewarding for everyone. It serves as the native token of the Bitpanda Web3 ecosystem, aiming to bring together users, developers, institutions, and regulators to foster a compliant and user-centric decentralized finance environment in Europe and beyond.

Question 7

When was the Vision (VSN) token created?

Accepted Answer

Vision (VSN) has a fixed initial token supply of 4.2 billion tokens and was introduced through a structured migration offer to holders of Bitpanda Ecosystem Token (BEST) and Pantos (PAN). This process was based on average market prices from a specified snapshot period, marking the creation and public offering of VSN on the Ethereum blockchain.

Question 8

How do I use the Vision (VSN) token?

Accepted Answer

The Vision (VSN) token can be used in multiple ways within the Bitpanda Web3 ecosystem. Holders can stake VSN to earn rewards, participate in governance functions to influence certain on-chain parameters like burn rates, and gain fee discounts. VSN also provides early access to vetted token launches and powers Bitpanda’s Web3 loyalty and rewards programs. Additionally, it supports cross-chain interoperability, allowing it to be minted and burned across different blockchains, enhancing usability across Web3 applications including the Vision Chain Layer-2 network, Bitpanda DeFi wallet, and the Vision Protocol liquidity aggregator.

Question 9

Where do I buy the Vision (VSN) token?

Accepted Answer

Vision can be bought on the SwissBorg app with just a few clicks. Download the app for Android or iOS and exchange cryptos instantly at the best price.

Question 10

Where do I buy the Vision (VSN) token?

Accepted Answer

You can buy the Vision (VSN) token on reputable centralized and decentralized exchanges worldwide, including Kraken. Additionally, it is supported in wallets such as Tangem Wallet, which allows you to manage, buy, or swap VSN tokens securely.

Question 11

What problem or need does Vision aim to address?

Accepted Answer

Vision (VSN) addresses the need for a compliant, user-centric, and interoperable Web3 ecosystem that makes decentralized finance accessible, tangible, and rewarding for everyone. It powers activities across Bitpanda’s DeFi Wallet, Layer 2 infrastructure (Vision Chain), launchpad, and interoperability protocol to unlock real utility through staking rewards, fee discounts, governance, and early access to vetted token launches. By continuously reinvesting ecosystem fees into buybacks, burns, and rewards, Vision aims to strengthen, sustain, and grow the Web3 infrastructure bridging traditional finance and on-chain ecosystems in Europe and beyond.

Question 12

Is the Vision (VSN) open-source, and can I review its code?

Accepted Answer

Yes, Vision (VSN) is open-source. The source code and development can be reviewed on the official [GitHub repository](https://tangem.com/en/cryptocurrencies/vision-3/ under "Repository" section). This openness supports transparency and community involvement in the VSN ecosystem.

Question 13

How was the Vision (VSN) token generated?

Accepted Answer

The Vision (VSN) token was generated as an ERC-20 token on the Ethereum blockchain with an initial supply of 4.2 billion tokens. It was introduced through a structured migration offer to holders of Bitpanda Ecosystem Token (BEST) and Pantos (PAN), using fixed conversion rates based on average market prices to ensure fairness. The token also includes a protocol-based emission model allowing additional issuance over time to support network growth and staking rewards.

Question 14

What is the Vision (VSN) transaction speed and scalability?

Accepted Answer

Vision (VSN) is an ERC-20 token minted on Ethereum and supports cross-chain minting and burnable bridging that enhances interoperability with other blockchains. It powers activities across Bitpanda's DeFi Wallet and a dedicated Layer 2 network called Vision Chain, which is designed for tokenized real-world assets. While the documents do not specify exact transaction speeds, the use of Vision Chain as a Layer 2 solution implies improved scalability compared to base Ethereum layer transactions by enabling faster and more efficient processing.

Question 15

Is Vision (VSN) environmentally friendly in terms of energy consumption?

Accepted Answer

The available information does not provide specific details on Vision (VSN)'s energy consumption or environmental impact.

Question 16

What is the governance model for Vision (VSN)?

Accepted Answer

Vision (VSN) provides token holders with governance functions limited to influencing certain on-chain parameters within its ecosystem, such as burn rates. However, these governance rights do not extend to control over the VISION web3 Foundation or its affiliates. This focused governance model aligns stakeholders around ecosystem parameters rather than broader foundation-level decisions.

Question 17

What are the long-term goals and vision for Vision?

Accepted Answer

Vision (VSN) aims to be the native token powering the Bitpanda Web3 ecosystem, unifying users, developers, institutions, and regulators to make Web3 accessible, transparent, and rewarding for everyone. Its long-term vision includes fueling on-chain activity across Bitpanda’s DeFi Wallet, its Layer 2 infrastructure (Vision Chain), launchpad, and interoperability protocol to unlock real utility such as staking rewards, fee discounts, governance participation, and early access to vetted token launches. The ecosystem continuously reinvests a share of generated fees through buybacks, burns, and user rewards, ensuring sustainability and strengthening the network over time. Ultimately, Vision intends to bridge traditional finance and decentralized on-chain ecosystems by building a compliant and user-centric decentralized finance environment across Europe and beyond.

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Market Stats

What is Vision (VSN)?

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Vision Price

Top up and invest in seconds!

Market Stats

What is Vision (VSN)?

What differentiates Vision (VSN) from other tokens?

What is the utility of Vision (VSN)?

What does the Vision (VSN) whitepaper promise?

What consensus mechanism does Vision (VSN) use?

Who created Vision and why?

When was the Vision (VSN) token created?

How do I use the Vision (VSN) token?

Where do I buy the Vision (VSN) token?

Where do I buy the Vision (VSN) token?

What problem or need does Vision aim to address?

Is the Vision (VSN) open-source, and can I review its code?

How was the Vision (VSN) token generated?

What is the Vision (VSN) transaction speed and scalability?

Is Vision (VSN) environmentally friendly in terms of energy consumption?

What is the governance model for Vision (VSN)?

What are the long-term goals and vision for Vision?

Technical Analysis

Exclusive tools

Automate your investment today!

Receive notifications when Vision reaches certain prices.

Begin your Borger Journey today with the SwissBorg app!

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