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Swissborg Partnership: 3 Months of Success
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We are happy to share the results of our 3 month journey with Swissborg! They are nothing short of extraordinary! From the very start, our European fiat-referencing tokens, VEUR and VCHF, have struck a chord with users—and the numbers speak for themselves.
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Find below how VEUR and VCHF are gaining trust among users:
Assets Under Management (AuM):
VCHF leads with $2.5M and 1.3K users actively holding it.
VEUR has also shown promising adoption with $590K and 528 users.
Transaction Highlights:
Total transaction volume reached impressive numbers, with VCHF clocking in at $18M and VEUR at $5.4M.
Exchange transactions dominate activity for both currencies – 25,9K for VCHF and 8,2K for VEUR and demonstrate strong user engagement and liquidity.
With these numbers, we’re seeing remarkable engagement of Swisborg customers. It is a proof of how seamlessly VEUR and VCHF integrate into user’s workflows and everyday financial activities.
VNX Community Hub Points Farming Activity:
VNX Community Hub point farming strategy within Swissborg Earn has attracted substantial participation:
516 users staked 764.4K VCHF
229 users staked 135.9K VEUR
These results aren’t just numbers; they’re a testament to the trust, value, and utility VEUR and VCHF bring to the table. These stats reinforce the growing interest in non-USD stablecoins. It’s no surprise that VCHF has taken the lead, the Swiss Franc-referencing token has captured the attention of users across Europe. VEUR is following suit, solidifying its role as a vital digital asset in the crypto ecosystem. The demand and engagement speak volumes about its value in meeting the needs of today’s crypto users.
