What is Verse?

VERSE is the rewards and utility token for the Bitcoin.com ecosystem. Launched in December 2022, VERSE is now being integrated into Bitcoin.com’s suite of products. These include the multichain Bitcoin.com Wallet, where over 38 million self-custodial wallets have been created, and the award-winning Bitcoin.com News platform, with over 2.5 million monthly readers.

VERSE will enable anyone to receive rewards for buying, selling, spending, swapping, and staying informed about crypto. At the same time, VERSE tokens will provide utility within and beyond Bitcoin.com’s ecosystem. Use cases will include unlocking rewards along tiers, method of payment, access to exclusive platform services and more.

Use the multichain Bitcoin.com Wallet to buy, sell, trade, and manage your VERSE.

Table of Contents

  1. Why VERSE?
  2. What can VERSE be used for now?
  3. How can I buy or trade VERSE?
  4. Verse in detail
  5. Learn more about Verse

Why VERSE?

Since 2015, Bitcoin.com has been a global leader in introducing newcomers to cryptocurrency. Our mission is to create economic freedom, which we define as the ability for individuals to freely acquire and use personal resources however they choose. We build products and services that give everyday people access to a vast world of opportunities to generate personal prosperity without limits.

By providing a powerful combination of rewards and utility, VERSE will help expand access to decentralized finance (DeFi). Ultimately, this will enable more people to safely benefit from the economic freedom and democratized finance it unlocks.

Read the Verse white paper here to find out more about the Bitcoin.com ecosystem, how VERSE fits in, and the synergy created.

What can VERSE be used for now?

For now VERSE utility includes liquidity providing and yield farming on Bitcoin.com's decentralized exchange Verse DEX. The Verse DEX is a core piece of infrastructure in the Bitcoin.com Verse ecosystem as it enables permissionless and low-fee trading. To function efficiently, Verse DEX needs to attract sufficient liquidity from market participants. Liquidity, as measured by total value locked (TVL), is a key measure of the health of a decentralized exchange. Rewards for liquidity providers and Verse Farms rewards are designed to incentivize the growth of liquidity on the Verse DEX. Learn more about Bitcoin.com's Verse DEX here.

Earn VERSE by providing liquidity on the Verse DEX

Verse DEX provide liquidity info

You can start earning VERSE (and other cryptocurrencies) by providing liquidity to any VERSE pool on the Verse DEX. Check the rewards, measured in APY, available right now on Verse DEX pools here. This step-by-step guide explains how to contribute to liquidity pools and earn yield on Verse DEX.

Earn up to 250% APY in Verse Farms

Bitcoin.com's Verse DEX Farms APY

Anyone can deposit select Liquidity Pool (LP) tokens into Verse Farms and start earning. Learn more about Verse Farms, how you can start earning APY, where the yield comes from, and get answers to other frequently asked questions with this guide.

How can I buy or trade VERSE?

You can buy VERSE with cash here or trade VERSE in the Bitcoin.com Wallet, via Bitcoin.com’s decentralized exchange Verse DEX, and through a range of third-party exchanges and service providers. Please find more details on this page.

Here's how easy it is to swap into VERSE using the self-custodial Bitcoin.com Wallet:

Verse in detail

VERSE is an ERC-20 token that lives on the Ethereum public blockchain. Bitcoin.com is dedicated to ensuring that VERSE has wide utility for everyday people, which is why VERSE will be integrated across low-fee chains.

A maximum of 210 billion VERSE will be minted over seven years starting from the contract deployment date, which was Dec 7, 2022. The majority of VERSE tokens (69%) are reserved for community and ecosystem development, which you can read more about here.

The VERSE tokenomics are designed to support longevity and growth.

  • VERSE had a fair launch: We created a highly publicized multistage token sale where 1) The sale terms were public, and 2) There were no steep discounts between rounds.
  • There are no cliffs: VERSE tokens purchased in the sale began unlocking on day 1, and continue unlocking for 12 to 18 months. Team tokens also unlock linearly, but over a four-year period.
  • Buyback and burn: We’ve baked an ongoing deflationary mechanism into Verse where a portion of all the fees generated will be used to buy back and burn VERSE.
  • Community development: The VERSE token will spearhead initiatives to accelerate growth and innovation. The Verse Development Fund (34% of total supply) will provide a pipeline of resources for DApps integrating with the ecosystem and will incubate token projects through the Bitcoin.com launchpad service (coming soon).

Learn more about Verse

Was this helpful?

Related guides

Start from here →
What is Verse DEX?

Learn about Bitcoin.com’s official decentralized exchange and how to use it to trade and to earn.

Read this article →
How do I buy VERSE?

Learn how to get Bitcoin.com’s ecosystem token VERSE in the Bitcoin.com Wallet, via Bitcoin.com’s decentralized exchange Verse DEX, and more.

Read this article →
What is a DEX?

A decentralized exchange (DEX) is a type of exchange that specializes in peer-to-peer transactions of cryptocurrencies and digital assets. Unlike centralized exchanges (CEXs), DEXs do not require a trusted third party, or intermediary, to facilitate the exchange of cryptoassets.

Read this article →
What is DeFi?

Learn what makes decentralized finance (DeFi) apps work and how they compare to traditional financial products.

Read this article →
DeFi use cases

Decentralized Finance (DeFi) is bringing access to financial products to everyone. In this article we examine some prominent use cases.

Read this article →
DEX lingo

From AMM to yield farming, learn the key vocabulary you’ll encounter when trading on a DEX.

Read this article →
What are crypto derivatives?

Derivatives like perpetual futures and options are used in crypto a lot these days. Learn all about them.

Read this article →
What are prediction markets?

Find out about prediction markets, including how they work and what they are used for.

Read this article →
Dollar-cost averaging

Learn how to protect yourself from big losses with this simple but powerful investment strategy.

Read this article →
What is APY?

APY stands for annual percentage yield. It is a way to calculate interest earned on an investment that includes the effects of compound interest.

Read this article →
What is liquidity?

Liquidity has several slightly different but interrelated meanings. For the purposes of crypto, liquidity most often refers to financial liquidity and market liquidity.

Read this article →
What is yield farming?

Learn what yield farming is, how it works, different types, and more.

Read this article →
Start from here →
Start investing safely with the Bitcoin.com Wallet
Over wallets created so far

Everything you need to buy, sell, trade, and invest your Bitcoin and cryptocurrency securely

Bitcoin.com in your inbox

A weekly rundown of the news that matters, plus educational resources and updates on products & services that support economic freedom