VersaVault

VRSA – VersaVault Protocol Token VRSA is the protocol token of VersaVault, a decentralized borrowing protocol on PulseChain based on Liquity's design. Users lock PLS, WETH, PLSX, INC, HEX or PRVX as collateral and mint VSD, a USD-pegged stablecoin, with no ongoing interest. They pay only a one-time borrowing fee. People who stake VRSA earn a share of the protocol's borrowing and redemption fees. VRSA is earned by depositing VSD in the Stability Pools or by providing liquidity in the VRSA/WPLS and VSD/DAI farms. Supply is hard-capped at 100,000,000 VRSA: 9M were pre-minted and about 91M are emitted over 10 years. Emissions halve every year on a fixed schedule written into the contract, and no one can change it. Buys and sells on DEX pairs carry a 1.5% tax, which goes to liquidity support, the Buffer Pool, farms and maintenance. Wallet-to-wallet transfers are not taxed.