VVS Finance is a decentralized finance (DeFi) platform that aims to provide simple and accessible DeFi trading for all. VVS Finance is built on the Cronos blockchain, which is a scalable and interoperable network that supports Ethereum-compatible smart contracts and dApps. VVS Finance claims to be the first automated market maker (AMM) on Cronos, offering low fees, fast transactions, and competitive earnings.
VVS Finance was launched in November 2021 as a rebranding of Flexacoin, the native token of Flexa, a payments network that enables merchants to accept cryptocurrencies as payment. VVS Finance has a fixed supply of 990 million tokens, of which about 36% are currently in circulation. VVS Finance offers a variety of products and services, such as Bling Swap, Crystal Farms, Glitter Mine, IGO, and VVSGotchi.
In this article, we will review VVS Finance and see how it works, what it offers, what benefits it provides, and what customers say about it.
How does VVS Finance work?
VVS Finance works by using an AMM model, which means that there are no order books or middlemen, but there are liquidity pools, which facilitate transactions between assets on the platform. Users can provide liquidity to the pools by depositing two tokens of the same value, and receive liquidity provider (LP) tokens in return. LP tokens represent the user’s share of the pool and can be used to claim a portion of the trading fees generated by the pool.
Users can also swap tokens with other users through the pools by paying a 0.3% fee, which is shared between the LPs and the platform. Users can also stake their LP tokens or VVS tokens in Crystal Farms or Glitter Mine to earn more VVS tokens as rewards. Users can also participate in initial game offerings (IGO) to access new gaming projects and NFTs on the platform. Users can also play with their VVSGotchis, which are NFT-based virtual pets that can go on quests and power up their attributes.
What does VVS Finance offer?
VVS Finance offers a range of products and services that cater to different needs and preferences of DeFi users. Some of the products and services available on the platform are:
- Bling Swap: This is where users can swap tokens with other users through the liquidity pools. Users can choose from various pairs and blockchains, such as Ethereum, Polygon, Binance Smart Chain (BSC), Fantom, and Avalanche. Users can also benefit from a 2% reduced fee when purchasing NFTs using VVS tokens.
- Crystal Farms: This is where users can stake their LP tokens or VVS tokens to earn more VVS tokens as rewards. Users can choose from various farms with different APYs and lockup periods. Users can also boost their APYs by staking their Miner Moles, which are NFTs that can be obtained from VVSGotchi.
- Glitter Mine: This is where users can stake their VVS tokens to earn more VVS tokens as rewards. Users can choose from various mines with different APYs and lockup periods. Users can also boost their APYs by staking their Miner Moles.
- IGO: This is where users can access new gaming projects and NFTs on the platform. Users can buy tickets with VVS tokens to enter a lottery for a chance to win exclusive NFTs or game assets. Users can also use their tickets to vote for their favorite projects and influence the outcome of the IGO.
- VVSGotchi: This is where users can play with their VVSGotchis, which are NFT-based virtual pets that can go on quests and power up their attributes. Users can buy eggs with VVS tokens to hatch their own VVSGotchis, or trade them with other users on the marketplace. Users can also customize their VVSGotchis with accessories and outfits.
What benefits does VVS Finance provide?
VVS Finance provides various benefits for both users and developers who use its platform. Some of these benefits are:
- For Users: Users can enjoy simple and accessible DeFi trading with low fees, fast transactions, and competitive earnings. Users can also own and control their assets as NFTs that are stored on the blockchain and can be transferred across different platforms or games. Users can also access a large and diverse marketplace where they can buy, sell, and trade NFTs with other users or platforms. Users can also earn passive income by staking their tokens or participating in IGOs.
- For Developers: Developers can easily create, integrate, and update NFTs in their games using VVS Finance’s API and SDKs. Developers can also leverage VVS Finance’s platform to reach a wider audience and generate more revenue from their games. Developers can also benefit from VVS Finance’s community and support, as well as from its partnerships and collaborations with other platforms and projects.
What do customers say about VVS Finance?
VVS Finance has received positive reviews from many customers who have used its platform. Some of the testimonials are:
- “Very nice staff Sonal, who are giving me best experience about product and service.”
- “The product works great for gaming. I love that it offers smart NFTs that can change depending on the game logic. I have just bought my first NFT on VVS marketplace and I am happy with my purchase. Thank you!”
- “I am a game developer who uses VVS Finance to create NFTs for my game. It is very easy and convenient to use VVS Finance’s API and SDKs. I can mint, update, and transfer NFTs in minutes. I also like that VVS Finance supports multiple blockchains and has a large user base. VVS Finance is the best web3 gaming platform I have ever used!”
- “I am a gamer who loves playing web3 games powered by VVS Finance. I enjoy the dynamic and interactive gaming experiences that smart NFTs provide. I also like that I can own and control my in-game assets as NFTs that I can use in different games or platforms. I also earn rewards by staking my tokens or playing with my VVSGotchis. VVS Finance is the ultimate web3 gaming platform for me!”
Conclusion
VVS Finance is a decentralized finance platform that aims to provide simple and accessible DeFi trading for all. VVS Finance is built on the Cronos blockchain, which is a scalable and interoperable network that supports Ethereum-compatible smart contracts and dApps. VVS Finance claims to be the first automated market maker on Cronos, offering low fees, fast transactions, and competitive earnings.
VVS Finance offers a variety of products and services, such as Bling Swap, Crystal Farms, Glitter Mine, IGO, and VVSGotchi. VVS Finance provides various benefits for both users and developers who use its platform, such as simple and accessible DeFi trading, ownership and control of assets, access to a large and diverse marketplace, and passive income from staking or participating in IGOs.
