VVS Finance is currently trading at $0.00000300, after a price change of 0.00% in the last 24 hours.
Ranked as cryptocurrency #232 by capitalization today, VVS market cap is valued at $108,994,738. VVS trading volume reached $873,672 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on VVS coin price prediction page.
What is VVS Finance?
VVS Finance is a decentralized exchange built as an automated market maker on Cronos blockchain. The protocol features liquidity pools with pair tokens. Liquidity providers can deposit into the pools for traders to swap them.
VVS Finance follows a constant product formula, where the product of the quantities of the two tokens is constant before and after the swap. The swap’s price slippage is based on the ratio and quantity of the tokens in the pool. VVS Finance features Bling swap, which facilitates instant swapping of tokens without the need for an order book. Users pay 0.3% in trading charges, shared between the liquidity providers and the VVS platform.
VVS is a CRC20 standardized token native to VVS Finance used in paying transaction fees and exchanging value. There are currently 13,482.44 billion circulating VVS tokens from a total supply of 41,269,661,284,790 and a hard cap of 100,000,000,000,000. Two-thirds of swap fees collected at VVS Finance are distributed to the liquidity providers of specific pools. Users who stake eligible LP tokens in the Crystal Farm are eligible for the VVS rewards. The platform also has a referral program and trading incentives. VVS can be staked from xVVS, a yield-earning governance cryptocurrency.