VEMP is the token ticker used by the former vEmpire DDAO project and is also the new name adopted by the project in 2023. The project announcement stated that vEmpire DDAO was rebranded as VEMP; therefore, references to vEmpire DDAO in older materials refer to the project's former name.

VEMP Price in USD Today, Live Market & Historical Trend Chart

Q: What were VEMP's uses in the early design?

According to the early whitepaper, VEMP was designed as the project's native token, used to distribute rewards to trading-card battle winners, liquidity providers, stakers, and DDAO participants. In other words, the design connected the token with participation in games, liquidity, and community organization, rather than using it only as a naming identifier. These uses come from the design description in the 2021 whitepaper. That document also contains products and roadmap content yet to be implemented, so it cannot by itself establish that every function is still operating or available today.

Q: What was the relationship between VEMP and xVEMP in the early design?

According to the early whitepaper, holders could stake VEMP and receive xVEMP; xVEMP was designated as the DDAO governance token, through which holders obtained voting rights and eligibility to participate in governance. The key change is that once VEMP entered the staking mechanism, xVEMP represented that governance position. The whitepaper used 1 VEMP corresponding to 1 xVEMP at launch as an example, and stated that, after rewards entered the system under its envisioned model, staking the same amount of VEMP later might yield less xVEMP. This is the historical model's explanation of reward accumulation and the conversion relationship, not a commitment regarding the current conversion rate, yield, or availability of staking services.

Q: How did the early whitepaper plan VEMP issuance?

The early whitepaper planned an initial VEMP supply of 90,000,000 tokens and phased issuance by tokens minted per block: 20 tokens per block in years 1 through 3, 15 in years 4 through 12, 10 in years 13 through 19, and 5 in years 20 through 21. Under that plan, the planned total supply was 810,720,000 tokens. Initial supply and planned total supply are therefore not measured on the same basis: the former is the quantity at the start of the plan, while the latter includes tokens produced per block in later phases. This is a historical issuance plan and should not replace a query of current on-chain supply or circulating supply.

Q: What did the renaming of vEmpire DDAO to VEMP mean for the token?

The 2023 renaming changed the project's public-facing name and brand presentation; the announcement also stated that the project's core vision remained unchanged and proposed bringing blockchain gaming into the VEMP ecosystem. It was not an announcement of token migration, conversion, or supply adjustment, so it cannot be used to infer that holders' assets underwent an automatic conversion.

Rank 6478

$0.00004480

+$0.00000453(+11.27%)

Market Cap

$21.55K

24h High

$0.00004560

24h Low

$0.00004026

24h Turnover

$103.19

Total Supply

500.00M

Market Sentiment

Neutral

Price of VEMP (VEMP) Today in USD

View VEMP (VEMP) Price Prediction

The live price of VEMP (VEMP) today is $0.00004480, with a 24h change of +11.27%. Over the same period, the low was $0.00004026, the high was $0.00004560, and the 24h trading volume was $103.19. The current market cap is approximately $21.55K. It ranks #6478 by market cap and accounts for 0.00% of the total crypto market cap. The all-time high was $0.65569300 (⁦2021-11-20⁩); the current price is -99.99% from the all-time high.

VEMP (VEMP) Price History

7 Days
-5.87%
Low
$0.00004026
High
$0.00004579
30 Days
-0.46%
Low
$0.00004026
High
$0.00005330
90 Days
-22.20%
Low
$0.00004026
High
$0.00007014
1 Year
-85.56%
Low
$0.00004026
High
$0.00040000

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 28; Fear
Last Week: 37; Fear
Last Month: 64; Greed

The Fear & Greed Index is currently 29/100, in the Fear zone; change from yesterday: +1, from last week: -8, and from last month: -35. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did VEMP (VEMP) Rise in the Last 24 Hours?

The top-five-level bid-to-ask depth ratio was 0.16, with total ask volume about 6.3 times the bid volume. One sell order accounted for 41.1% of the top-five ask volume, indicating shallow bid-side support and concentrated selling pressure that could limit upside. In such a book, relatively small buy orders can also cause marked percentage moves, but this does not imply broad consensus or sustained inflows. Technical signals were mixed: RSI was oversold on the 15-minute and 4-hour charts, which may be consistent with a short-term rebound, while the daily moving averages were bearish. A daily ADX of 28.59 indicated a trend with a bearish bias; short-term ADX readings of 0 showed no effective trend. The bullish signal therefore more closely reflected a technical rebound from oversold conditions than a confirmed trend reversal. Very low overall liquidity also makes price movements more uncertain.

About VEMP (VEMP)

Vempireddao is the native token of Empire. Empire is a new and fairer Dao system. It rewards honor and loyalty to DDAO with more or equal monetary contributions. Vempireddao is a currency provider, stakeholder and DDAO used to reward the winner of the transaction card battle, liquidity.

Use Cases and Features

VEMP is the ecosystem token of the former vEmpire DDAO project, later renamed VEMP. In the early design, it was used to reward trading-card battle winners, liquidity providers, stakers, and organization participants; holders could stake VEMP for xVEMP to participate in governance of the decentralized autonomous organization (DDAO). The project is positioned around building an ecosystem for the metaverse and decentralized participation.

Supply and Issuance Mechanism

An early white paper designated VEMP as the ecosystem’s native token and planned an initial supply of 90,000,000 tokens. This historical plan also set out a block-by-block minting schedule that decreased in stages, with a planned total of 810,720,000 tokens; these figures were part of the issuance plan at the time and do not represent the current on-chain supply.

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Frequently Asked Questions About VEMP (VEMP)

What is VEMP?

What were VEMP's uses in the early design?

What was the relationship between VEMP and xVEMP in the early design?

How did the early whitepaper plan VEMP issuance?

What did the renaming of vEmpire DDAO to VEMP mean for the token?

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