On July 16, 2025, Bitpanda will launch the Vision (VSN) token, which will serve as an important part of their new Web3 ecosystem, enhancing user experience.
What is the Vision (VSN) Token?
The Vision (VSN) token will be a core element of Bitpanda's Web3 ecosystem. It is created from the merging of existing tokens BEST and Pantos and will ensure integration across the Bitpanda platform.
Functions and Benefits of VSN for Users
Users will be able to enjoy several benefits, including:
* 20% fee discount on Bitpanda.com and Bitpanda's DeFi Wallet. * Staking rewards of up to 10% APY. * Voting rights on upgrades and protocol changes. * Early access to vetted Web3 token launches. * Participation in exclusive loyalty programs and airdrops.
Structure of Bitpanda's Web3 Ecosystem
The Bitpanda ecosystem comprises several key components:
* **Bitpanda DeFi Wallet** - an intuitive wallet for trading and managing assets, supporting over 5000 tokens. * **Vision Protocol** - a system for seamless liquidity integration between decentralized exchanges. * **Vision Chain** - a compliance-oriented Ethereum Layer 2 network for tokenizing real-world assets. * **Bitpanda Launchpad** - a platform for launching trusted cryptocurrency projects.
The launch of the Vision (VSN) token by Bitpanda will be an important step in the development of their Web3 ecosystem, providing users with new opportunities and enhancing access to technology.