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Dont just hold your VVS Tokens in your wallet use them for V3S Finance. This is very HIGH RISK!!!
V3S Finance, the first ecosystem running around an algorithmic token pegged to VVS on Cronos chain. Build by a team of VVS Diamond holders, V3S is inspired by the most successful algorithmic stablecoin on Fantom: Tomb, and the most prominent algorithmic token project on Cronos: DarkCrypto.
V3S is an algorithmic stablecoin pegged to the price of 1 VVS via seigniorage. The algorithm helps to increase the supply in event of the deflationary tendency of the token or reduce the supply in event of a decline in purchasing power of the token. Therefore, the supply and demand of the V3S are balanced which helps to maintain its peg to 1 VVS in the long run. Happy for Investors and Happy for Developers too!
V3S maintains its peg to 1 VVS with a three token structure:
V3S: the algorithmic token pegged to VVS
VSHARE: which holders can claim V3S inflation when the network expands
VBOND: which can be purchased when the network is in contraction and can be redeemed for V3S when the network comes to its deflationary phase