What is Vesta Finance (VSTA)?
Vesta Finance is a decentralized lending platform for collateralized stablecoin on Arbitrum. The platform enables users to obtain maximum liquidity against their collateral. Being on Arbitrum enables Vesta Protocol to deliver fast and efficient transactions, making it a great choice for all kinds of users.
How Vesta Finance (VSTA) Works
Vesta Finance allows users to issue stablecoin VST and send them straight to an Ethereum wallet by locking up collateral. The tokens are designed to maintain a value of $1 and are algorithmically controlled through a variable interest fee. The system regularly updates the price of the collateral against USD via a decentralized data feed, and if a vault falls below a minimum collateralization ratio of 110%, it is considered under-collateralized and vulnerable to liquidation. The VST-ETH exchange rate has a hard price ceiling at $1.1 due to the system's design, which creates an arbitrage opportunity for borrowers when the exchange rate exceeds that level. When VST falls below $1, the Vesta Reference Rate rises sharply, increasing the cost of holding VST. This prompts people to buy back VST, pay off their loans, and close their vaults, leading to a decrease in the amount of VST in circulation and an increase in its price.
VSTA is the governance token of the platform that can be used to determine different parameters regarding the stablecoin VST, such as minting fee, redemption fee, liquidation fee, and liquidation ratio.
How Many Vesta Finance (VSTA) Tokens Are in Circulation?
VSTA’s total supply: 100,000,000
VSTA’s circulating supply: 9,890,465
How to Buy Vesta Finance (VSTA)
Consider investing in Vesta Finance (VSTA)? It only takes 2 minutes to create an account on Bitget and start trading VSTA.
Check out the available VSTA trading pairs on Bitget!
Spot market
Vesta Finance (VSTA) Resources
Simple 3-step guide to buying VSTA today in Uzbekistan
Create your free Bitget account
Select a funding method
Complete your Vesta Finance purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Vesta Finance using a payment method of your choice:
Buy Vesta Finance with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Vesta Finance order.How to buy crypto with credit/debit cardBuy Vesta Finance with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Vesta Finance is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Vesta Finance order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Vesta Finance order.Buy Vesta Finance with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Vesta Finance order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Vesta Finance in your Bitget spot wallet

Bitget—where the world trades Vesta Finance
How to buy Vesta Finance for free
- Learn how to earn Vesta Finance for free through the Learn2Earn promotion
- Earn free Vesta Finance by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Vesta Finance airdrops by joining ongoing challenges and promotions
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FAQ
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Uzbekistan, officially known as the Republic of Uzbekistan, is a country in Central Asia. It neighbors Kazakhstan to the north, Kyrgyzstan and Tajikistan to the east, Afghanistan to the south, and Turkmenistan to the southwest. Despite being a landlocked country, Uzbekistan has two rivers running through, the Syr Darya to the northeast and the Amu Darya to the southwest.
The country has an area of 448,978 km2 (56th largest country in the world) and a population of 35,955,400 (40th most populated country in the world). The official national currency of Uzbekistan is Uzbek soum (UZS) and the capital, which is also the biggest city, is Tashkent. No matter where you are in the nation, be it Tashkent, Kuvasoy, Nukus, or Angren, you can buy Vesta Finance(VSTA) and many other coins using UZS on the Bitget platform in a few seconds. Bitget also offers a variety of services for cryptocurrencies such as Crypto Deposit, P2P Trading, and Third-Party Payments.
Uzbekistan is a rich and diverse country in terms of culture and natural resources. The ancient cities of Samarkand, Bukhara and Khiva were important stops on the ancient Silk Road trading route, and they managed to maintain a lot of architectural sites and relics from that time. At the present time, the country is the leading producer and exporter of natural gas, petroleum, oil, coal, cotton, and sheep in the region. Even though the official language of Uzbekistan is Uzbek, Russian language is widely used and understood by many people. Russian is a language that is extensively supported by the Bitget website and mobile apps.