Verus-Ethereum Bridge
A bridge to the Ethereum network — non-custodial, based on cryptographic proofs & verified by miners and stakers.
Download wallet and get VerusIDLiquidity pool
Bridge.vETH reserve currencies
DAI.vETH
vETH
MKR.vETH
Verus proof-of-work
Verus is 50% proof-of-work, 50% proof-of-stake. To participate in the proof-of-stake part you need to run a full node. A full node is having a complete copy of the blockchain on your device. It validates transactions and verifies blocks. With the proof-of-stake part you produce new blocks and get rewarded for it. Depending on how many coins you have staking, the larger or smaller chance you have to produce a block. You can compare it to solo-mining, you either win a full block or you win nothing..
More staking on docs.verus.ioVerus Internet Protocol (VIP)
The Verus-Ethereum Bridge uses the Verus Internet Protocol (VIP) for cross-chain communication. It relies on cryptographic proofs, with witnesses validating notarizations created by network validators (miners and stakers of Verus).
The bridge ensures non-custodial, decentralized, secure, and transparent cross-chain transactions between Verus and Ethereum.
Verus Internet Protocol (VIP)
Bridge.vETH is a 100% backed currency with 4 currencies in its reserves (VRSC, ETH, DAI, MKR). It’s also an automated market maker (AMM) with which you can convert all four currencies in all directions, and also convert them into Bridge.vETH.
The Bridge.vETH currency function is to make the bridging of assets simple. From wherever side on the bridge you send it converts the fees that you need seamlessly.
The value of Bridge.vETH increases relative to its reserves when fees or interest (Dai Savings Rate) are added to the reserves without there being new Bridge.vETH minted.