What is Vision (VSN)?

Deep Dive

1. Purpose & Value Proposition

Vision aims to simplify regulated access to Web3 for institutions and retail users. Backed by Bitpanda—a licensed European crypto platform—VSN focuses on compliant tokenization of real-world assets (RWAs), cross-chain interoperability, and incentivizing ecosystem participation. Its Layer-2 Vision Chain enables low-cost, EU-aligned settlements for RWAs, while the Vision Protocol aggregates liquidity across Ethereum, Arbitrum, and other chains.

2. Technology & Architecture

• Vision Chain: An Ethereum Layer-2 optimized for compliant RWA transactions, leveraging zero-knowledge proofs for privacy and scalability.
• Interoperability: Uses Chainlink’s CCIP for secure cross-chain transfers, enabling VSN to operate natively on Ethereum, Arbitrum, and Hyperliquid.
• Governance: On-chain voting via Snapshot.org lets holders decide parameters like token burns and staking rewards.

3. Tokenomics & Governance

• Supply: Initial 4.2 billion VSN, with dynamic adjustments via burns (using protocol fees) and emissions (staking rewards).
• Utility: Stakers earn ~10.5% APY; holders vote on ecosystem upgrades and fee allocations.
• Migration: Replaced Bitpanda’s BEST and PAN tokens, merging their communities into a unified token economy.

Conclusion

Vision positions itself as Europe’s answer to compliant, institution-ready Web3 infrastructure, combining Bitpanda’s regulatory expertise with cross-chain liquidity tools. Its success hinges on adoption of its Layer-2 for RWAs and integration with traditional finance partners like Societe Generale. Can VSN’s compliance-first model attract institutional capital while retaining decentralized governance?