VVS Finance

What is VVS Finance?

VVS Finance operates as a decentralized exchange utilizing automated market-making (AMM) on the Cronos blockchain, known for its low fees and high speed. The platform is crafted to offer a straightforward means for users to exchange assets and earn yields at optimal rates.

Built upon the Cronos blockchain, VVS Finance incorporates established and audited protocols. One of its distinguishing features is an extensive and gratifying incentive system, driven by its governance token, identified by the ticker VVS.

Various participants within the VVS Finance ecosystem can reap rewards through different avenues:

1. Liquidity Providers (LPs): Two-thirds of the collected swap fees are distributed among the LPs in the corresponding pools. Additionally, those who stake eligible LP tokens in the "Crystal Farm" section will receive VVS rewards.
2. VVS Stakers: Participants staking VVS in the "Glitter Mine" section stand to receive rewards in the form of VVS or partner tokens.
3. Trading Incentives: Users engaging in token swaps on VVS Finance are eligible for rewards (specific details to be disclosed).
4. Referral Program: Individuals who refer users to trade on VVS Finance will receive rewards (specific details to be disclosed).

To ensure sustainability in rewarding contributors and users of VVS Finance, a substantial portion of the VVS supply is allocated for future community initiatives.

The xVVS Token

xVVS stands as the yield-bearing governance token for VVS Finance and is exclusively attainable through the staking of VVS tokens. Initially valued at a 1:1 ratio, where 1 VVS equals 1 xVVS, the worth of xVVS increases over time. This appreciation is facilitated by utilizing a portion of the platform's revenue to conduct buybacks of VVS tokens. The repurchased tokens are then distributed proportionally among xVVS holders within the pool.

In a gesture of appreciation towards their dedicated community, VVS has committed to allocating a significant portion of their treasury for the repurchase of VVS tokens. This initiative aims to benefit miners by redistributing 0.08% of the 0.3% trading fee profits to VVS holders.

The remaining 0.2% of fees, designated for LP providers, remains unchanged, recognizing their essential role in the fundamental dynamics of the VVS ecosystem. The VVS acquired through these buybacks is automatically distributed in proportion to all xVVS holders.

VVS Miner Moles

VVS Miner Moles comprises an exclusive collection of 10,000 utility-enabled PFPs, each serving as a membership pass with exclusive privileges on the VVS Finance platform. The goal is to establish VVS Miner Moles as a community-centric brand, ensuring value for every holder, regardless of their interests.

Holders of VVS Miner Moles enjoy exclusive VVS privileges for IGO, gaining preferential access to VVS Initial Gem Offerings (IGOs) and bypassing whitelisting requirements for participation in the "Gem Fair." Additionally, they can stake their Miner Moles for extra yields on two chosen Crystal Farms.

Furthermore, VVS Miner Moles holders can use their PFPs as a gateway to VVS Gotchi, participating in the game to earn additional rewards. The project also offers NFT staking, allowing strategic staking of Miner Moles to unlock increased APRs and combine NFT investment with yield farming for an exciting experience.

VVS Finance Team Background

A team of enthusiastic individuals, each with diverse backgrounds and a mutual passion for DeFi, established VVS Finance. Rooted in a profound product design expertise, these down-to-earth farmers united with a shared mission: to develop DeFi products accessible to everyone, extending to their own aunts and neighbors. Their overarching objective is to democratize DeFi by introducing outstanding protocols to the wider public, making the experience simple and enjoyable for all users.

VVS Finance Project Development

VVS Finance is thrilled to announce the launch of VVS Flawless (V3) Liquidity Farm and Analytics Page features. V3 aims to enhance capital efficiency, enabling users to maximize their capital and earn more swap fees and rewards through liquidity provision.

With Flawless V3 Farms, liquidity providers can stake their LP tokens in V3 farms by either adding liquidity in V3 or migrating V2 LP tokens to V3.

Navigate to the Flawless (V3) Farms page to stake your LP tokens if you have V3 LP tokens or migrated your V2 LP tokens to V3. The VVS V3 Analytics Page offers detailed insights into the latest V3 performances, providing more accurate data for better investment decisions. View swap fees generated in the past 24 hours and find transparent fee breakdowns for each pair on the V3 Analytics Page.

VVS Finance Price Analysis

As of November 24 2024 VVS Finance has a marketcap of $261M. This is {{percentagefromath}} from its all time high of $0.00033093. In terms of its tokenomics, there's a total supply of 93T with 51% currently outstanding. Keep in mind VVS Finance has a fully diluted value of $514M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.