TVL
The total adjusted value of assets locked in the Tockchain Ecosystem, including Liquidity Pools, Orderbook addresses, wallets, and Hashlock Transactions, measured in VUSD-equivalent holdings to determine Richlist Ranks and VNET rewards.
This metric is calculated by summing the adjusted value of all holdings: VUSD at $1, VNET at pool price if 1% of supply sold, and other assets at pool price if 10% of supply sold, with bids and orders contributing to liquidity even if unfilled.
If an address has a bid of $1,000,000 on VBTC at $1,000 (ensuring a spot in the 1,000 ID Richlist) and the adjusted value includes matching VUSD liquidity, the TVL contribution counts as $1,000,000, qualifying for VNET rewards if in the top 1000.
This metric is calculated by summing the adjusted value of all holdings: VUSD at $1, VNET at pool price if 1% of supply sold, and other assets at pool price if 10% of supply sold, with bids and orders contributing to liquidity even if unfilled.
If an address has a bid of $1,000,000 on VBTC at $1,000 (ensuring a spot in the 1,000 ID Richlist) and the adjusted value includes matching VUSD liquidity, the TVL contribution counts as $1,000,000, qualifying for VNET rewards if in the top 1000.
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