{"version":1,"id":"vvs-finance","title":"VVS Finance","summary":"VVS Finance is a projects-and-protocols that provides a decentralized exchange and automated market maker enabling token swaps, liquidity provision, farming, NFT-enabled yield boosts, and token staking primarily on the Cronos network and also deployed on ","content":"**VVS Finance** is a [decentralized finance (DeFi)](https://iq.wiki/wiki/defi) protocol built on the [Cronos](https://iq.wiki/wiki/cronos-cro) [blockchain](https://iq.wiki/wiki/blockchain), providing services including token swaps, liquidity provision, [yield farming](https://iq.wiki/wiki/yield-farming), [staking](https://iq.wiki/wiki/staking), and governance. Its ecosystem also includes the VVS and xVVS tokens, Miner Mole [NFTs](https://iq.wiki/wiki/non-fungible-token-nft), and VVS Gotchi, which are integrated into various liquidity, farming, and [staking](https://iq.wiki/wiki/staking) mechanisms. [\\[2\\]](#cite-id-rxo2bewz9x) \n\n## Overview\n\n![](https://ipfs.everipedia.org/ipfs/QmThxH7oqBjEptcrbwWMr84R1JRzmQAbV5emvy57SCQwqi)\n\nVVS Finance is a [decentralized finance (DeFi)](https://iq.wiki/wiki/defi) platform focused on token swapping, liquidity provision, yield generation, and [staking](https://iq.wiki/wiki/staking). Its core products include V2 and V3 [liquidity pools](https://iq.wiki/wiki/liquidity-pool), Mines, Initial Gem Offerings (IGOs), analytics, and VVS [staking](https://iq.wiki/wiki/staking). The platform uses VVS as its native token for utility, governance, and rewards, while xVVS is a yield-bearing [governance token](https://iq.wiki/wiki/governance-tokens) obtained by [staking](https://iq.wiki/wiki/staking) VVS and can be deposited into Vaults to earn additional VVS. VVS Finance also includes [NFT](https://iq.wiki/wiki/non-fungible-token-nft)-based products alongside its [DeFi](https://iq.wiki/wiki/defi) services. Miner Mole is a collection of 10,000 utility-enabled [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) with individually generated traits, while VVS Gotchi extends the Miner Mole system through team formation, quests, experience progression, and performance-based [NFT](https://iq.wiki/wiki/non-fungible-token-nft) multipliers. The project was developed by a team with product design backgrounds and experience in [DeFi](https://iq.wiki/wiki/defi) yield farming, emphasizing simplified access to [DeFi](https://iq.wiki/wiki/defi) applications. [\\[4\\]](#cite-id-nep319fmuq) \n\n## Features\n\n![](https://ipfs.everipedia.org/ipfs/QmfLnBLQkZn7Rv7gUTcpEg4dNeALu3kUfQvWxunXKuDQP9)\n\n### V2/V3 Liquidity\n\nVVS Finance’s V2 and V3 Liquidity products allow users to provide token pairs to [liquidity pools](https://iq.wiki/wiki/liquidity-pool) in exchange for a share of [trading fees](https://iq.wiki/wiki/trading-fee) and, in some cases, additional rewards through Farms. In V2, liquidity is distributed across the entire price curve, from 0 to infinity, meaning capital can remain idle when trading activity is concentrated within a narrower range. Liquidity providers receive LP tokens representing their pool ownership and are exposed to risks including [impermanent loss](https://iq.wiki/wiki/impermanent-loss). V3 introduces concentrated liquidity, allowing [liquidity providers](https://iq.wiki/wiki/liquidity-providers) to specify the price ranges in which their capital is active. It also supports four [trading fee](https://iq.wiki/wiki/trading-fee) tiers—0.01%, 0.05%, 0.3%, and 1%—and represents individual liquidity positions as non-fungible [ERC-721](https://iq.wiki/wiki/erc-721) tokens. When the market price moves outside a specified range, the position becomes inactive and stops generating [trading fees](https://iq.wiki/wiki/trading-fee), with its assets effectively concentrated in a single token. V3 also includes range-based limit orders, enabling [liquidity providers](https://iq.wiki/wiki/liquidity-providers) to use narrow price ranges to facilitate the conversion of one asset into another as market prices move through the specified range. [\\[6\\]](#cite-id-f952krmqwm) \n\n#### Farms\n\nVVS Farms allow [liquidity providers](https://iq.wiki/wiki/liquidity-providers) to stake their LP tokens from V2 and V3 [liquidity pools](https://iq.wiki/wiki/liquidity-pool) to receive additional farming rewards. The platform provides a unified interface for viewing and [staking](https://iq.wiki/wiki/staking) liquidity positions, with V2 and V3 Farms supporting the respective LP tokens associated with each version. V2 Farm rewards initially included fixed distributions of VVS tokens to [liquidity providers](https://iq.wiki/wiki/liquidity-providers), intended to support participation in the platform’s early stages. V3 Farms similarly allow holders of V3 LP positions to stake those positions for additional rewards. Participation in either farm requires users to first provide liquidity and obtain the corresponding LP tokens. [\\[7\\]](#cite-id-e5sg3xbd74) \n\n### Miner Moles\n\nVVS Miner Moles is a collection of 10,000 utility-enabled PFP [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) issued on the [Cronos](https://iq.wiki/wiki/cronos-cro) [blockchain](https://iq.wiki/wiki/blockchain) using the CRC-721 standard. Each [NFT](https://iq.wiki/wiki/non-fungible-token-nft) is procedurally generated from more than 100 traits, with 60 designated as Legendary rarities. The collection was designed to provide holders with access to features within the VVS Finance ecosystem, including preferential access to Initial Gem Offerings (IGOs), [NFT](https://iq.wiki/wiki/non-fungible-token-nft) [staking](https://iq.wiki/wiki/staking), and participation in VVS Gotchi. Miner Moles can be staked to receive enhanced yields on selected V2 Farms, while holding a Mole also provides access to the VVS Gotchi game and its associated features. The [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) therefore function as both collectible assets and access mechanisms for certain VVS Finance products and activities. [\\[9\\]](#cite-id-o4glazqjjn) \n\n### Gotchi\n\nVVS Gotchi is an interactive game built around the VVS Miner Moles [NFT](https://iq.wiki/wiki/non-fungible-token-nft) collection. Users who own at least one Miner Mole can form teams, participate in quests, and accumulate Experience Points (EXP), with Mole performance contributing to boost multipliers for VVS boosted farms. The system is organized around team management, quests, leaderboards, and VVS [staking](https://iq.wiki/wiki/staking) utilities. The game includes a ranking system based on Mole performance, with leaderboard positions determining different tiers and associated staking multipliers. Other mechanics include team lock periods, task completion, and [NFT](https://iq.wiki/wiki/non-fungible-token-nft) [staking](https://iq.wiki/wiki/staking) status, with individual Miner Moles represented through various in-game indicators. [\\[10\\]](#cite-id-b8vchsou7e) \n\n## VVS\n\nVVS is the [governance token](https://iq.wiki/wiki/governance-tokens) of the VVS Finance protocol and uses an emission-based distribution model. The protocol initially produces 50 trillion VVS during its first year, with emissions halving annually thereafter to 25 trillion in the second year; the exact per-block emission rate depends on the underlying [blockchain’s](https://iq.wiki/wiki/blockchain) technical design. Governance was initially managed by the VVS Finance team with input from the community, with plans to progressively transfer decision-making authority to VVS token holders. This approach was intended to move the protocol toward greater decentralization over time. [\\[1\\]](#cite-id-kpd6j7hjd2)  [\\[5\\]](#cite-id-mxbrv8es40) \n\n### Tokenomics\n\nVVS has a max supply of 100T tokens and has the following allocation: [\\[5\\]](#cite-id-mxbrv8es40) \n\n* **Community**: 50%\n* **Team**: 23%\n* **Network Security**: 13.5%\n* **Ecosystem Development**: 13.5%\n\n![](https://ipfs.everipedia.org/ipfs/QmS7LsaMuQ8UfieqPe6yMMA7Fz3Jz4qf1XiDXQMkQkktSU)\n\n### Staking\n\nVVS Staking Utility is a mechanism that enables users to increase farming rewards by combining xVVS vault deposits and Miner Mole [NFT](https://iq.wiki/wiki/non-fungible-token-nft) [staking](https://iq.wiki/wiki/staking). In V2, users can deposit xVVS into vaults to boost up to two LP farms, with the vault component providing a multiplier of up to 2.5x. Miner Mole NFTs can provide additional boosts based on their rarity, with each [NFT](https://iq.wiki/wiki/non-fungible-token-nft) assigned to one farm, up to five [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) per farm and 10 [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) across two farms; the combined multiplier is capped at 3x. The system also includes a separate [Cronos](https://iq.wiki/wiki/cronos-cro) Ecosystem NFT Boost mechanism, which allows specified partner [NFTs](https://iq.wiki/wiki/non-fungible-token-nft) to increase rewards from designated partner farms. V3 adds VVS Gotchi-based performance rankings to the [NFT](https://iq.wiki/wiki/non-fungible-token-nft) [staking](https://iq.wiki/wiki/staking) system. Miner Moles receive boost multipliers based on their rarity and position on the weekly leaderboard, with rankings captured every Wednesday at 00:00 UTC and used to update the associated farm boost. The same [staking](https://iq.wiki/wiki/staking) limits apply in V3, while the resulting [NFT](https://iq.wiki/wiki/non-fungible-token-nft) boost can increase or decrease as a Mole's leaderboard position changes relative to other Moles of the same rarity. [\\[11\\]](#cite-id-9amqo56fsm) \n\n### xVVS\n\nxVVS is VVS Finance’s yield-bearing [governance token](https://iq.wiki/wiki/governance-tokens), obtained by [staking](https://iq.wiki/wiki/staking) VVS. It initially has a 1:1 conversion value with VVS, but its value can increase as platform revenue is used to repurchase VVS and distribute the purchased tokens proportionally among xVVS holders. The repurchases are conducted in randomized batches based on accumulated fees and elapsed time. Under the described fee structure, 0.08% of the platform’s 0.3% [trading fee](https://iq.wiki/wiki/trading-fee) is allocated to VVS buybacks, while the remaining 0.2% is retained for [liquidity providers](https://iq.wiki/wiki/liquidity-providers). Repurchased VVS is automatically distributed to xVVS holders according to their share of the xVVS pool. [\\[8\\]](#cite-id-k3m5179jie) \n","categories":[{"id":"projects-and-protocols","title":"projects-and-protocols"}],"tags":[{"id":"DeFi"},{"id":"Ethereum"},{"id":"Infrastructure"}],"images":[{"id":"QmXaYuVpLPZHRt5hvzuEvVjSYC76mw7WXTTv9WZYaMLvDk","type":"image/jpeg, image/png"}],"media":[{"id":"QmThxH7oqBjEptcrbwWMr84R1JRzmQAbV5emvy57SCQwqi","name":"VVSfinance.webp","source":"IPFS_IMG","thumbnail":"QmThxH7oqBjEptcrbwWMr84R1JRzmQAbV5emvy57SCQwqi","caption":""},{"id":"QmfLnBLQkZn7Rv7gUTcpEg4dNeALu3kUfQvWxunXKuDQP9","name":"VVS2.webp","source":"IPFS_IMG","thumbnail":"QmfLnBLQkZn7Rv7gUTcpEg4dNeALu3kUfQvWxunXKuDQP9","caption":""},{"id":"QmS7LsaMuQ8UfieqPe6yMMA7Fz3Jz4qf1XiDXQMkQkktSU","name":"VVS3.webp","source":"IPFS_IMG","thumbnail":"QmS7LsaMuQ8UfieqPe6yMMA7Fz3Jz4qf1XiDXQMkQkktSU","caption":""}],"metadata":[{"id":"rootdata_profile","value":"https://www.rootdata.com/Projects/detail/VVS Finance?k=MTMyNg=="},{"id":"website","value":"https://vvs.finance/"},{"id":"twitter_profile","value":"https://twitter.com/VVS_finance"},{"id":"medium_profile","value":"https://medium.com/vvs-finance"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/vvs-finance?chart=type=price&mode=line&timeframe=d30"},{"id":"telegram_profile","value":"https://t.me/VVSFinance"},{"id":"references","value":"[{\"id\":\"kpd6j7hjd2\",\"url\":\"https://www.coingecko.com/en/coins/vvs-finance?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd30\",\"description\":\"CoinGecko description of VVS Finance\",\"timestamp\":1788183223094},{\"id\":\"rxo2bewz9x\",\"url\":\"https://vvs.finance/home\",\"description\":\"VVS Finance homepage slogan\",\"timestamp\":1788183223094},{\"id\":\"btsxersyrq\",\"url\":\"https://x.com/VVS_finance\",\"description\":\"VVS-Finance X account joined August 2021\",\"timestamp\":1788183223094},{\"id\":\"nep319fmuq\",\"url\":\"https://docs.vvs.finance/\",\"description\":\"VVS documentation self-description\",\"timestamp\":1788183223094},{\"id\":\"mxbrv8es40\",\"url\":\"https://docs.vvs.finance/docs/litepaper/token-economics\",\"description\":\"Token economics contract address\",\"timestamp\":1788183223094},{\"id\":\"f952krmqwm\",\"url\":\"https://docs.vvs.finance/earn/v2-v3-liquidity\",\"description\":\"VVS liquidity provider and fee mechanics\",\"timestamp\":1788183223094},{\"id\":\"e5sg3xbd74\",\"url\":\"https://docs.vvs.finance/earn/v2-v3-farms\",\"description\":\"VVS farming interface\",\"timestamp\":1788183223094},{\"id\":\"k3m5179jie\",\"url\":\"https://docs.vvs.finance/earn/xvvs-staking\",\"description\":\"xVVS peg and staking origin\",\"timestamp\":1788183223094},{\"id\":\"o4glazqjjn\",\"url\":\"https://docs.vvs.finance/more-on-vvs/vvs-miner-moles\",\"description\":\"Miner Moles collection details and mint price\",\"timestamp\":1788183223094},{\"id\":\"b8vchsou7e\",\"url\":\"https://docs.vvs.finance/more-on-vvs/vvs-gotchi\",\"description\":\"VVS Gotchi gameplay and EXP\",\"timestamp\":1788183223094},{\"id\":\"9amqo56fsm\",\"url\":\"https://docs.vvs.finance/more-on-vvs/vvs-staking-utility\",\"description\":\"VVS Staking Utility V2 and V3\",\"timestamp\":1788183223094}]"},{"id":"previous_cid","value":"QmXf1xhbyR2SLuyvPzdXHYRStKbN53HRVX2GvkVkgDEc9F"},{"id":"commit-message","value":"Update VVS Finance wiki: minor edits"},{"id":"previous_cid","value":"QmXf1xhbyR2SLuyvPzdXHYRStKbN53HRVX2GvkVkgDEc9F"}],"events":[{"type":"DEFAULT","title":"VVS Finance all-time high reported","date":"2021-11-01","description":"Cryptocurrency price data sources reported VVS Finance reached an all-time high on this date.","link":null,"multiDateStart":null,"multiDateEnd":null,"id":"0072a078-9109-483c-8433-5eba16b4acd6"}],"linkedWikis":{"founders":[],"blockchains":["ethereum","cronos-cro"],"speakers":[]},"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"},"language":"en","operator":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"}}