About Vara
VARA is the native token of the Vara Network, a blockchain network built on Gear Protocol. The Vara Network allows developers to seamlessly build and deploy decentralized applications. VARA tokens can be staked to secure the network. VARA tokens can also be used to pay network gas fees and participate in governance.
Trading Insights
Buyer Ratio
Traders
168
5.62%
Buyers
86
11.69%
Sellers
94
12.96%
Searched
200
Market Stats
Market Cap
£3.91M
FDV
£8.67M
Circ. Supply
4.5B VARA
Max Supply
Not enough data
Total Supply
10B VARA
Performance
Popularity
#1,281
Dominance
0%
Volume (24H)
£136.98K
62.24%
Volume (7D)
£820.11K
Volume (30D)
£3.96M
All time high
£0.75
Price Change (1Y)
Not enough data
94.73%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The current price is £0.000863 per VARA with a 24-hour trading volume of £136.98K. Currently, Vara is valued at 99.88% below its all time high of £0.75. This all-time high was the highest price paid for Vara since its launch.
The current circulating supply of Vara is 4,508,220,058 VARA which means that Vara has as total market cap of £3,908,261.12.
Market details
VARA vs markets
↘ 94.22%
VARA vs BTC
↘ 94.2%
VARA vs ETH
↘ 94.12%
Tags
polkadot
layer-1
Network & Addresses
Network | Address | |
|---|---|---|
Vara | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.000863 | |
1 Day | £0.000752 | |
1 Week | £0.000939 | |
1 Month | £0.0011 | |
1 Year | £0.0174 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Vara Network (VARA) is a standalone layer-1 decentralized network that forms part of the Gear Protocol. Launched in 2021, Gear Protocol is a new cloud infrastructure platform that aims to provide an environment for web2 and web3 developers to build infrastructure solutions and decentralized applications (dApps) for any ecosystem. Vara Network is built upon three core concepts: the actor model, persistent memory, and Wasm, a WebAssembly-based virtual machine. The network aims to serve as a wasm-native hub for protocols that utilize parallel execution and asynchronous programming to deliver decentralized products in any segment.
Vara Network operates using the actor model and persistent memory, two widely adopted primitives from massive computation and microservices architecture spaces. It also utilizes Wasm, a WebAssembly-based virtual machine that runs on all modern browsers. This combination allows for parallel execution and asynchronous programming, enabling the network to handle complex computations and deliver decentralized applications. Vara Network also aims to provide a library for building dApps using pre-built constructs, including arbitrary async/await syntax for any programs built on Rust. This allows developers to write, compile, test, and upload their contracts directly onto Vara Network from their browser.
Vara news
Trending articles
Social stats
Popularity in posts
#2625
Contributors
9
Posts
9
% About Vara
0.004%
Articles
0
X (Twitter)
18.75% bullish
Sentiment
4.3 ★
Highlights
9 unique individuals are talking about Vara and it is ranked #2,625 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Vara has an average sentiment score of 4.3 out of 5. Finally, Vara is becoming less newsworthy, with 0 news articles published about Vara.
On Twitter, people are mostly neutral about Vara. There were 20% of tweets with bullish sentiment compared to 6.67% of tweets with a bearish sentiment about Vara. 80% of tweets were neutral about Vara. These sentiments are based on 32 tweets.
On Reddit, Vara was mentioned in 0 Reddit posts and there were 0 comments about Vara. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
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