Vouch is a liquid staking protocol on the Pulsechain network. It enables PLS holders to gain trustless yield on their PLS.
PLS staked in the Vouch ecosystem is used to run validators and gain rewards. People who stake their PLS, in the Vouch app, are given the liquid staking token vPLS.
The price of vPLS originally started as the same price as PLS but constantly increases over time to include the yield gained from the validator efforts. The yield is delivered in the form of an increased vPLS token value relative to PLS.
The standard block rewards are paid to the PLS stakers and people providing the validators in the system. The priority fees, which are earned when a validator is selected to process a block, go into the Vouch ecosystem as revenue.
There are two sources of revenue in the Vouch ecosystem. The first is the priority fees from the validators. The second source of the revenue comes from a buy/sell fee on the Vouch token. All of this revenue goes into the Vouch ecosystem and is distributed to system participants.
A percentage of this revenue, plus the regular validator rewards, are paid back to the holders of vPLS. Thus constantly increasing the value of vPLS. This percentage will generally vary between 10-20%. The percentage at Vouch token launch was 24%.
vPLS does not have a fixed supply. When PLS is staked in the system, vPLS is minted in response. Therefore its supply constantly varies depending on the amount of PLS staked in the Vouch staking app.
vPLS is held privately in stakers wallets. You retain self-custody of your PLS in the form of vPLS that can be redeemed through the Vouch app. The redemption time can vary, depending on the amount being redeemed. Smaller amounts are generally instant. Large amounts can take 3-5 days to bring validators offline and unlock PLS.
There is a PLS/vPLS pair on PLSX where you can instantly swap your vPLS to PLS rather than redeeming through the Vouch app.
The Vouch liquid staking protocol launched in October of 2024 and has run flawlessly since. The staking protocol was launched in collaboration with the StaFi team, utilising their open-source liquid staking protocol that had been running, exploit free, for over four years.
Where is Vouch Staked PLS available for purchase?
You can exchange VPLS tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Vouch Staked PLS is PulseX V2, notably the VPLS/VPLS pair, which saw a trading volume of $ 111.8 in the past day. Additionally, 9mm V3 (Pulsechain) and Phux are popular alternatives for trading tokens.
What is the highest value Vouch Staked PLS (VPLS) has ever reached?
Vouch Staked PLS (VPLS) reached its peak price at 0.00005175 $ on 13 September 2025, approximately 17 days ago ago. Presently, the current price is -24.15% lower than this all-time high.
What is the historical minimum price for Vouch Staked PLS (VPLS)?
The minimum price reached for Vouch Staked PLS (VPLS) was 0.00003379 $, documented on 25 September 2025, more than 5 days ago. In comparison, the current price is 16.15%, it above this historical low.
What is the fully diluted valuation of Vouch Staked PLS (VPLS)?
The fully diluted valuation (FDV) of Vouch Staked PLS (VPLS) stands at $ 4,27 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of VPLS tokens. The realization of this FDV might take several years depending on the emission schedule of VPLS tokens.