Vision (ticker: VSN) is a native ERC‑20 token issued on Ethereum with a fixed initial supply of 4.2 billion units. It serves as a single, multi-purpose asset across Bitpanda’s Broker, DeFi Wallet, upcoming Launchpad, and Vision Chain Layer‑2, providing regulated on‑chain access for Bitpanda’s 6.7 million users.

Multi‑Layer Utility: From App-Level Incentives to Protocol Governance

• Broker fee discounts: Traders on Bitpanda Broker paying commissions in VSN enjoy a 20 % reduction in fees.
• Wallet swap discounts: Similar 20 % savings apply to token swaps conducted via the Bitpanda DeFi Wallet.
• Staking rewards: DeFi Wallet users may stake VSN in a non‑custodial manner to earn emission‑based yields. Emission rates, burn schedules, and protocol changes are determined via token-holder governance. Unstaking requires a 14‑day cooldown, incentivising long‑term participation.
• Gamified missions: In‑wallet “missions” grant bonus VSN to users who complete on‑chain tasks, while staking opens eligibility for airdrops via Bitpanda Spotlight.
• Liquidity mining campaigns: Partner‑funded incentive programs are layered on top of base yields to boost participation and ecosystem growth.

Tokenomics & Revenue Loop Design

VSN sustains its utility through a self‑reinforcing token‑economic model:

• A percentage of all trading and swap fees paid in VSN is channeled into the Vision Foundation. These funds are allocated for token burns, treasury expansion, and potential revenue sharing mechanisms.
• Liquidity provider fees from decentralized exchanges and wallet transaction revenues are periodically recycled into buy‑backs, further supporting burning and price-support activities.
• On the Vision Chain Layer‑2, protocol usage charges, compliant LP fees and gas reductions (via a smart‑wallet paymaster) can be settled in VSN, reinforcing native demand.
• Projects using the Bitpanda Launchpad must pay listing fees—or allocate part of their raise—in VSN, further cementing transactional flows.

Vision Chain: A European-Compliant Layer‑2 Hub

Vision Chain will emerge as a compliant Layer‑2 network tailored for tokenized real‑world assets and compliant liquidity solutions in Europe. VSN will act as its core governance token, with key protocol features—such as inflation emissions and upgrade voting—controlled by the community of token holders. This positions Vision Chain as a revenue‑backed, user‑governed infrastructure layer tightly integrated with Bitpanda’s broader Web3 suite.

Summary of Features

• Token standard: ERC‑20 on Ethereum
• Initial supply: 4.2 billion VSN
• Primary uses: Fee discounts, staking rewards, gamified incentives, governance, Launchpad participation
• Governance: Token‑holder voting determines emissions, burns, and protocol upgrades
• Revenue loop: Fee allocation → foundation treasury → buy‑backs → burns → long‑term demand and scarcity
• Layer‑2 expansion: Vision Chain will be a compliant European Layer‑2 powered by VSN

Why Vision (VSN) Matters for the Crypto Community

VSN stands out for its fully integrated, multi-channel utility across both custodial and non‑custodial domains. By unifying fee discounts, staking, gamification, governance, and launchpad access under a single token, Bitpanda simplifies user experience while embedding strong token demand through continuous transactional flows.

Moreover, the planned Vision Chain offers compliance‑focused infrastructure that aligns with European regulatory standards—positioning VSN not only as a utility token but as the governance backbone of a growing ecosystem. As the network evolves, its revenue‑driven token‑economic model points toward long‑term sustainability and user‑centric management.