Summary: You can add the VeChain VORJ network to your MetaMask wallet thanks to its Ethereum Virtual Machine (EVM) compatibility. Use ChainList to get the correct Network ID and Chain ID. Despite being in the early stages, VeChain is emerging as a powerful player in the DeFi space, particularly in Asia, with apps like Vexchange already having a significant Total Value Locked (TVL).
Can you Add Vechain to MetaMask?
Yes, you can add the Vechain VORJ network to your MetaMask Wallet. This is because VORJ is an Ethereum Virtual Machine (EVM) compatible blockchain that use the solidity programming language, which is supported by MetaMask. If you wish to add VeChain to your MetaMask Wallet, it's necessary to input the correct Network ID and Chain ID information. This data can be acquired from a reputable blockchain network resource, for example, ChainList.
How to Add Vechain VORJ to MetaMask
As outlined above, the VeChainThor Layer 1 network, an independent blockchain that supports EVM-compatible smart contracts, can be conveniently added to a MetaMask Wallet. Utilizing a reliable source such as ChainList can help users verify the correct Chain ID and RPC, as recommended by the VeChain Foundation.
Below is an easy 4-step guide to get you started:
- First, navigate to the ChainList website.
- Once there, locate the 'Search Networks' tab and type "VeChain" into the search bar.
- From the list of networks that show up, find the VeChainThor network.
- Lastly, click on the 'Add to MetaMask' button. The VeChainThor network will be automatically added to your wallet.
Popular DeFi Applications on Vechain
Based on data from the DefiLlama DeFi data analytics platform, there is over $1 million in total value locked (TVL) on the Vechain VORJ network. This makes them one of the smallest chains compared to others like Ethereum, Avalanche or BNB Chain which have over $1 billion in TVL. The main applications on Vechain are Vexchange and VeRocket, which are both Uniswap V2 forks.
As per data from DeFi tracking platforms, there's a considerable amount of total value locked (TVL) in the VeChain network. This TVL is distributed over several applications like Vexchange, Safe Haven, and Plair. These are merely early days for the VeChain ecosystem, which is experiencing significant traction as a potent smart-contract platform predominantly recognized in Asia.
What is Vechain?
VeChain is a unique blockchain solution that focuses on improving the efficiency and transparency of supply chains and business operations. It operates with a dual-token system: VeChain Token (VET) for value transactions and VeChainThor Energy (VTHO) for powering activities on the platform.
In a recent development, VeChain introduced VORJ, a platform that offers Web3 services. This innovation is designed to lower the entry barrier for businesses interested in leveraging blockchain technology. With its headquarters in San Marino, Europe, VeChain is now channeling its efforts towards achieving sustainability goals and fostering digital transformation on a global scale.
In conclusion, adding the VeChain VORJ network to your MetaMask wallet is not only possible but also simple, thanks to its Ethereum Virtual Machine (EVM) compatibility. A quick visit to ChainList ensures you have the correct Network ID and Chain ID. The VeChain ecosystem, although in its early days, is gaining considerable traction in the DeFi space, especially in Asia.