What is Vision (VSN)?

Deep Dive

1. Purpose & Value Proposition

Vision aims to simplify Web3 adoption for Bitpanda’s 6.7 million users by merging utility from its predecessor tokens (BEST and Pantos) into a single asset. It acts as a gateway to Bitpanda’s ecosystem, including:
- Fee Discounts: 20% reductions on trading and swap fees when paid in VSN.
- Staking: Non-custodial staking with 14-day cooldowns, earning yields from protocol emissions.
- Governance: Holders vote on upgrades, emissions, and burns via the Vision Web3 Foundation (CoinJournal).

2. Technology & Ecosystem

Vision integrates with three key products:
- Bitpanda DeFi Wallet: Supports 5,000+ tokens across Ethereum, Solana, and other chains, offering one-click swaps and curated yield pools.
- Vision Chain: An Ethereum Layer-2 optimized for compliant RWAs (e.g., tokenized securities) in Europe.
- Vision Protocol: Aggregates liquidity from decentralized exchanges like 1inch and Jupiter for cross-chain trading.

The ecosystem is expanding via partnerships with Paris Saint-Germain and AC Milan to explore Web3-powered fan experiences.

3. Tokenomics & Governance

VSN’s fixed supply (4.2 billion) is managed by the Vision Web3 Foundation, which allocates fees from Bitpanda’s platforms to:
- Burns: A percentage of trading, swap, and protocol fees.
- Buybacks: Funded by decentralized exchange (DEX) liquidity provider fees and Launchpad project contributions.
- Staking Rewards: Emissions are adjustable via quarterly community votes (CoinMarketCap).

Conclusion

Vision consolidates Bitpanda’s Web3 offerings into a single token, prioritizing regulatory compliance, user rewards, and cross-chain interoperability. Its success hinges on adoption across Bitpanda’s growing product suite—how will it balance decentralization with Europe’s evolving regulatory landscape?