Varen (VRN) Tokenomics
Varen (VRN) Information
Our vision for Varen is to be an Ethereum based multi-chain DeFi hub, with a focus on bringing multi-chain services to retail DeFi users, powered by our DEX at varen.exchange. Varen, or Varenne originally, was considered the dark horse in trotter racing. Always coming up from behind, before eventually going on to become a legendary racing horse. This is our thesis at Varen: build quietly, focus on a long term sustainable ecosystem, and dedicate to building high quality code, an immersive user experience, and provide accessible information to push the defi user experience and user value forward.
Varen is a rebrand of an old memecoin called YFL which has been taken over (via formal DAO processed) by a community team, rebranded and token migrated. We're currently transitioning out of supporting a DEX that lost the network effect wars and did not successfully carve out a niche. We're about to drop our first product in partnership with Ren, which will be a DEX-style swap UX for cross-chain for any ERC-20 renASSET supported chains (Dogecoin, BTC, LUNA, FIL, ZEC etc etc). It will allow you to convert any ERC-20 to any native asset Ren supports. So you visit a UI which looks like Uniswap, you can select any token in your wallet ie. $AAVE and you can swap $AAVE to real BTC on the BTC chain or real ZEC on the ZEC chain. The platform takes your $AAVE, converts it into $renBTC and burns $renBTC across the bridge into BTC all in a single transaction behind the scenes, where a retail user is simply connecting their Ethereum wallet, inputting their BTC address and swapping from ERC20 to real BTC. We even support BTC on BTC chain -> Dogecoin on Dogecoin chain in a single transaction using Ethereum as the bridge (BTC -> renBTC -> renDOGECOIN -> Dogecoin).
Varen (VRN) Tokenomics & Price Analysis
Explore key tokenomics and price data for Varen (VRN), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Varen (VRN) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Varen (VRN) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of VRN tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many VRN tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand VRN's tokenomics, explore VRN token's live price!
VRN Price Prediction
Want to know where VRN might be heading? Our VRN price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
Why Should You Choose MEXC?
MEXC is one of the world's top crypto exchanges, trusted by millions of users globally. Whether you're a beginner or a pro, MEXC is your easiest way to crypto.
Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.