VSURE+1 and XRP reserve
The reserve holds unencumbered VSURE+1 and XRP at a 50% / 50% allocation by USD market value. VSUREX represents a proportional interest in these reserve assets.
RESERVE TOKEN
VSUREX Reserve Token
VSUREX is QGP's reserve-backed synthetic asset. Each VSUREX represents a proportional interest in a reserve of unencumbered VSURE+1 and XRP, maintained at a 50/50 USD market-value mix.
Overview
VSUREX is backed by a separate reserve of VSURE+1 and XRP. The reserve assets are allocated 50/50 by USD market value.
Opening price
USD 5 per token is the VSUREX opening price.
Reserve and market liquidity
VSUREX reserve assets are VSURE+1 and XRP. The VSUREX/XRP AMM provides separate on-ledger trading liquidity.
Reserve and use
VSUREX is a reserve-backed synthetic asset representing a proportional interest in the VSURE+1/XRP reserve.
Separate reserve allocation
VSUREX is backed by unencumbered VSURE+1 and XRP, held separately from VSURE+1 allocated to VLRMx protection. The reserve maintains its 50/50 USD market-value weighting.
Related tokens, distinct purposes
VSURE+1 is the bond-token component of this reserve. VXRUP is a separate reserve interest, backed by 50% VLRMx and 50% XRP by market value.
Reserve market value
The 50/50 reserve weighting is based on USD market value. The opening price for VSUREX is USD 5 per token.
Token details
VSUREX is backed by unencumbered VSURE+1 and XRP, separate from VSURE+1 allocated to VLRMx protection.
USD 5
Opening price
50 / 50
Reserve weighting by USD market value
VSURE+1 + XRP
Reserve assets
QGP
Public issuer name
XRPL identity and liquidity
QGP issuer details and VSUREX/XRP market liquidity.
- Public display name
- VSUREX
- Technical currency code
5653555245580000000000000000000000000000- Issuer
rwWtDJiygeTscguTtcodMYgv2uhimYkHDE(QGP)- Network
- XRPL Mainnet. View token metadata.
- AMM account
rGybdLa1hCjmSkYbBn2nUoQk5wQ4Jtz9jh- AMM pair / fee
- VSUREX/XRP · 10 bps (0.10%)
- Launch pool liquidity
- 20 VSUREX and 73.664825 XRP; 10 bps (0.10%) trading fee.