Vulkan aims to create an ecosystem where users can privately transact using the VUK coin and USDV stablecoin. Fundamentally VUK has minor changes compared to Monero. With increasing regulatory pressures Vulkan tries to circumnavigate this by creating a transparent stablecoin on the Binance Smart Chain (BSC-20) and Ethereum (ERC-20) blockchains with VUK as collateral, a Proof-of-Work coin. The collateral mechanism uses a derivative of existing overcollateralization to guarantee USDV stability even if VUK price drops.

104.4M - Total Supply (+2.8 VUK tail emissions per block)
12.94M - Team Allocation (12.45% of total supply)
Circulating Supply can be checked at Vulkan Explorer.
Some might argue Vulkan is not fair launched, however numerous projects claim to be while covering up unfair team advantages, we are open and transparent about it.
Team wallet can be tracked at: Treasury Tracker

The Vector web wallet is safe to use for VUK storage and transactions. Our team's development process happens with security in mind, however if possible native wallets are recommended for maximum security. Generally speaking, as long as your seed phrase is kept secure, your coins are secure. Vector does not store your seed phrase, only metadata retained is timestamps of when sessions were started and expired without any potential identifiers.
Users are automatically logged out after 20 minutes and are required to restore again using their seed phrase for security purposes, this sacrifices convenience but we're not required to store wallet data.

In order to start mining VUK you will need mining hardware and software. Anyone with a laptop, computer or server can become part of the Vulkan network and earn precious VUK coins. Check out the list of mining pools for more information at MiningPoolStats (currently unavailable).

The problem with existing stablecoins is centralization. USDT is controlled by the Tether company with the ability to freeze assets similar to USDC with the only exception being MiCA compliance in Europe. DAI is a better alternative but it's collateral in our belief does not classify it as a viable alternative either.
USDV is the first stablecoin of its kind and it will be launched within the Vulkan Ecosystem.

You can read our Litepaper to find out more about Vulkan.

In order for pending funds to become spendable they require 10 blockchain confirmations, with an average block time of 2 minutes. Most transactions will confirm in approximately 20 minutes.

It's more of a feature than a bug. Vulkan code picks input for transactions in similar fashion to Monero but every transaction has size limits and there may not be enough inputs with enough coins to create a larger transaction. The team is planning on adding a system to mitigate this, alternatively users can self-send coins to group smaller transactions together into fewer larger inputs.