vvs-finance LOGO
VVS Finance
VVS
$0.00

Sector

Defi

Exchange Debut

2022-01-13

Market Cap

187,213,278

Maxim Supply

100,000,000,000,000

Circulating Supply

44,540,336,407,029

Circ. Supply(%)

44.54%
vvs-finance LOGO

VVS Finance

VVS

Price

$0.00

Market Cap

Sector

Exchange Debut

187,213,278
2022-01-13

Volume 24h

High 24h

Low 24h

1555192
4.254646E-6
3.896728E-6

Change 24h

Change 7d

Change 30d

6.5938
25.6501
38.8033

Maxim supply

Circulating supply

Circulating supply(%)

100,000,000,000,000
44,540,336,407,029
44.54%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the VVS Finance – VVS cryptocurrency:

 

VVS Finance (VVS), an Automated Market Maker (AMM) DEX and the proclaimed first AMM on the Cronos blockchain, was launched at the end of 2021 with the mission of simplifying DeFi and bringing blockchain technology into the mainstream. Branded as “very-very-simple,” VVS Finance aims to ease access to cryptocurrencies through its product ecosystem, including Bling Swap, Crystal Farms, Glitter Mine, and IGO, boasting low fees and high transaction speeds. However, the fundamental analysis of the VVS Finance – VVS cryptocurrency reveals a mixed picture, with a final score of 5.03 out of 10, indicating areas of strength as well as opportunities for improvement.

SOCIAL & MASS MEDIA: Score 7.5 out of 10

VVS Finance demonstrates strong social media engagement, scoring a perfect 10 in attracting followers. However, the activities of its social media administrators and community engagement on these platforms are moderately rated, receiving scores of 5 and 7, respectively. Its presence in the media and chat group communities are reasonably good but have room for improvement, contributing to an overall solid performance in this area.

AUDIT & SECURITY: Score 6.56 out of 10

In terms of audit and security, VVS Finance shows moderate reliability. The audit results are decent with a score of 6.8, but transparency of publicly available information lags behind with a score of 5. The liquidity on exchanges is rated at 7, indicating a stable but not outstanding performance in this criterion.

TOKENOMICS: Score 4.7 out of 10

The token economy of VVS Finance raises concerns, scoring only 4.7. While its inflation rate is moderately managed, scoring 6, the centralization of its monetary mass is a significant issue, with a low score of 3. This indicates potential risks in the long-term sustainability and distribution of its tokens.

ECOSYSTEM DEVELOPMENT: Score 4.7 out of 10

In ecosystem development, VVS Finance shows average results. The project scores 5 in achieving objectives and 6 in planning new developments. These scores suggest steady progress but highlight the need for more impactful advancements to elevate the project’s ecosystem.

TEAM & DEVELOPERS: Score 3.8 out of 10

The team behind VVS Finance scores modestly, with a 3.5 in experience and a 5 in the number of software developers. This suggests that while the team has some strengths, there is significant room for growth in expertise and manpower to drive the project forward.

PRODUCT & UTILITY: Score 3.92 out of 10

The utility of the product and tokens within the ecosystem receives a low score, indicating underperformance in providing tangible benefits or uses for its users. This aspect is crucial for the long-term adoption and success of the VVS Finance project.

PARTNERS & INVESTORS: Score 4.35 out of 10

In the domain of partners and investors, VVS Finance shows a moderate performance. While the number and capacity of investors are average, the quality and number of partners are less impressive, suggesting a need for stronger collaborations and support.

Fundamental analysis of the VVS Finance – VVS cryptocurrency – The final conclusion

In conclusion, the fundamental analysis of the VVS Finance – VVS cryptocurrency presents a project with notable strengths in social media engagement and a solid user base. However, it faces significant challenges in areas like tokenomics, ecosystem development, and team expertise. The moderate scores in audit and security, product utility, and partnerships reflect a project that is yet to fully capitalize on its potential. This analysis indicates a cautious approach for investors, weighing the visible strengths against the evident areas for improvement. The project’s success will largely depend on its ability to address these weaknesses and evolve in a rapidly changing crypto market.

What is VVS Finance?

 

VVS Finance, an automated market maker (AMM) decentralized exchange (DEX), stands as the first AMM on the Cronos blockchain. Its inception at the end of 2021 introduced a user-friendly approach to blockchain and cryptocurrency, emphasizing the ease of use in decentralized finance (DeFi). The acronym VVS represents its core philosophy, “very-very-simple,” reflecting its mission to make DeFi accessible and straightforward.

Foundational Elements of VVS Finance

Fundamental Analysis of the VVS Finance – VVS Cryptocurrency reveals that it operates on the Cronos blockchain. This choice ensures fast, secure transactions with low fees, benefiting from Cronos’s EVM-compatibility and IBC integration with the Cosmos ecosystem. A diverse founding team, with a strong product design background, drives the platform. Their collective goal is to make DeFi available and enjoyable for all, including those outside the traditional crypto community.

Unique Features of VVS Finance

VVS Finance distinguishes itself through its automated market maker model. This model eliminates the need for order books or intermediaries, relying instead on liquidity pools to facilitate asset transactions. Key features include:

  • Liquidity Provision: Users can become liquidity providers by contributing tokens to pools, earning swap fees (0.2% of trading volume) and bolstering the platform’s liquidity.
  • Bling Swap: This feature enables quick token exchanges across various liquidity pools, with a trading fee of 0.3% shared between liquidity providers and the platform.
  • Crystal Farming: Offers rewards in VVS tokens for staking LP tokens, though these high-profit rewards are time-bound.
  • Glitter Mining: Allows staking of VVS to earn tokens from partner projects, using auto-compounding.
  • Initial Gem Offerings (IGOs): Provides early access to token sales of emerging projects, benefiting both users and project owners within the Cronos ecosystem.

These features collectively contribute to VVS Finance’s appeal, making it a prominent player in the DeFi landscape.

Fundamental analysis of the VVS Finance-VVS cryptocurrency

VVS Finance - VVS performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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