VVS Finance Crypto Platform

VVS Finance is a decentralized finance platform built on the Cronos network in November 2021. The project is backed by Crypto.com and is the largest DeFi project on the Cronos blockchain network. VVS is an abbreviation for «very very simple» because the project aims to provide the simplest DeFi platform for users. The platform basically offers swap and earn tools. VVS finance is an open-source DeFi platform with an AMM model. The platform is a part of Cronos Labs Incubation. There is not much detail about the project’s team on their website. The team is called The CRAFTSMAN.
 
The platform has Crystal Farms if you seek to lock your tokens and earn some yields. Users can earn VVS tokens by staking LP tokens. VVS tokens are the platform’s utility tokens. Users can also stake VVS tokens to earn xVVS governance tokens. There is also a Glitter Mines tool that allows users to earn VVS tokens in return for staked VVS tokens. VVS finance also serves as a launchpad that is called Initial Gem Offering (IGO). Users can gain access to tokens of new blockchain projects.
 
The platform has a very basic user interface. Anyone can easily navigate on the platform. All you need is a web wallet that is installed on your web browser. You can click on the ‹connect’ button on the platform and start using the platform anonymously. Connecting a wallet to the platform is explained on the docs page. Crypto.com DeFi Wallet, Metamask, and Walletconnect are supported.
 
The good thing about the platform is that users can place limit orders. Buying or Selling orders will automatically execute when the target price is reached. There will be a gas fee and a 0.1% fee on all buy and sell orders. Orders are indefinite so the orders won’t be cancelled unless you do so.
 
The downside is that the platform supports Cronos blockchain only. It doesn’t operate on other major blockchain networks. The platform’s wallet addresses are shown on the project’s website. The platform’s codes and wallet addresses are audited by SlowMist and Blocksec firms. Audit reports can be found on the documents page. There has been no hack or exploit on the platform in its short history.
 

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Pros

$124,144,285 USD currently invested (TVL)

Investments in 33 coin pairs available

Operating on Cronos protocol

Cons

Investments in liquidity pools can be higher risk

Liquidity pool investments are only suitable for advanced crypto users

VVS Finance Staking Yields

VVS Finance Reviews

VVS Finance Supported Currencies

VVS Finance supports over 20 currencies including Tether USDt, Cardano, Dogecoin and Shiba Inu.

VVS Finance Key Data

Company

Automatic market maker	Yes
Year founded	2021
Decentralised	Yes

Security

Know your customer

No

Useful Links

VVS Finance Contact Details