Vision (VSN)
Bitpanda announced on 26.03.2025 that they are merging their 2 tokens BEST (Bitpanda Ecosystem Token) & PAN (Pantos) into a new token VSN (Vision).
The closing price of the last 30 days was taken into account, which was in the ratio of 5.5169 : 1. This means that the average price per BEST was 5.5169 higher than the price of Pantos in the period selected by Bitpanda.
On July 16, 2025, BEST & Pantos merge to Vision.
Per BEST you now get 4.91 Vision & per Pantos you get 0.89 Vision. This results in a future total supply of 4,176,847,689.77 VSN
Future Vision Holdings
Rewards
Vision purchase calculator
This calculator can be used to see whether a purchase of BEST or Pantos would be more profitable, taking into account the BEST Rewards.
How to get Vision (VSN)?
There is currently no way to buy Vision. Only by holding BEST (Bitpanda Ecosystem Token) or PAN (Pantos) is it possible to receive Vision as soon as the merge takes place. A fixed ratio of 4.91 Vision per BEST & 0.89 Vision per Pantos has already been set. The merge of the two tokens into Vison will take place on 16.07.2025. Trading will be paused at 10:00 CEST and resumed at 14:00 CEST.
Will Vision (VSN) be listed on other exchanges?
The whitepaper reveals that the first exchange will be Kraken, along with other decentralized exchanges. According to Bitpanda, further exchanges and exchanges will be published here, which will also list Vision.
How many visions (VSN) will there be?
At the launch of Vision, 4.2 billion tokens will be available. After that, new tokens will be created and old tokens burned on a quarterly basis. Initially, 5% (=210 million tokens) will be redistributed throughout the year. This means that currently around 52.5 million tokens are distributed to all staked visions. Assuming that only 50% of all Vision are staked, this means that VSN’s APY can grow from 5% to 10%.
Will there be staking rewards for Vision (VSN)?
As mentioned before, the initial staking rewards will be between 5 & 10%, depending on how much of the Vision tokens are staked. In addition, there are different advantages and disadvantages depending on whether the Vision tokens are staked on the Bitpanda broker or in the Bitpanda’s Web3 wallet. Below is a list of the pros and cons of staking Vision on the broker or in the wallet:
| Broker | Wallet |
|---|---|
| + weekly payouts | ~ rewards every 3 months |
| + Spotlight Rewards | + Vision XP multiplier (more shares of airdrops in an airdrop season) |
| + probably less or no unstaking deadline | – 14 days unlocking period |
| – less rewards | + higher rewards than at the broker |
| – no participation in DAO Votings | + participation in DAO Votings |
What will Vision be used for in the future?
Vision is intended to form and unite the basis for the entire Web3 ecosystem and broker ecosystem of Bitpanda. The token is no longer limited to the broker, but also offers advantages in the Web3 area and the entire onchain universe.
In general, Vision consists of 4 pillars:
- Bitpanda Defi Wallet
- Vision Protocol
- Btipanda Launchpad
- Vision Chain
Bitpanda Defi Wallet
The Bitpanda Defi Wallet aims to open up the world of Web3 to users without any experience. This includes opportunities to generate passive income through staking and lending. In addition, there are tasks to complete in the app, allowing users to collect further rewards and bring them closer to Web3 step by step.
Vision Protocol
Formerly the Pantos protocol, the Vision protocol is now used, which has not only been extended, but even improved. There is no longer just talk of simple crosschain transfers, but the Vision protocol is intended to act as a meta aggregator that controls swaps and bridging processes across all supported chains.
Btipanda Launchpad
Similar to existing launchpads, it is possible to invest in promising and tested Web3 projects at a very early stage. You can also participate directly with the Bitpanda Defi Wallet.
Vision Chain
In addition to the 3 products mentioned above, there will also be a Vision Chain in the future. This is an Ethereum-based layer 2 chain that is being developed for the B2B sector. Bitpanda’s regulated approach will be brought to the blockchain in order to meet the requirements of institutional partners. This will enable their customers to enter the Web3 world in a regulated manner, whereby tokenized assets such as shares, ETFs, real estate or stablecoins will land on the Vision Chain. The chain is expected to launch in 2026.
Source: Bitpanda – All information without guarantee
