Vision (VSN) is a new Token that was born from the integration of the Bitpanda ecosystem Token BEST and the cross-chain protocol Pantos (PAN). It is based on the Ethereum ERC-20 standard and supports cross-chain minting and burning. VSN not only represents the participation rights of users in the Bitpanda Web3 product suite but also serves as the basis for transaction fee payments and ecosystem governance.
VSN will be open for users to voluntarily convert BEST and PAN from July 9 to July 16, 2025, at a rate of 1 BEST for 4.91 VSN and 1 PAN for 0.89 VSN. Unconverted assets will be automatically exchanged in a later stage to ensure a complete transition of assets.
VSN holders can enjoy an annual inflation reward of about 5% through staking and participate in on-chain governance, deciding on burn rates, fund allocation, and protocol upgrades. This Token also covers transaction fee payments, becoming a key link in the Bitpanda ecosystem from centralized trading to decentralized finance.
VSN has no fixed maximum supply, but instead adopts an inflation mechanism that dynamically adjusts based on protocol data and governance decisions. Coupled with regular buybacks and token burns, it effectively suppresses inflationary pressure, strengthens token scarcity, and promotes value growth.
Approximately 2.73 billion VSN Tokens will enter the market circulation in the initial phase, with more Tokens reserved for ecological incentives and liquidity support.
Although VSN has the solid ecological foundation of over 6.4 million Bitpanda users, investors should still pay attention to risks such as smart contract security, price volatility, and changes in regulatory policies. With the richness of Web3 applications, VSN is expected to become an important asset empowering decentralized finance.