>sold most of my super low cap coins for CRO, just feels safer smart move! I did something similar >except my vvs bc i got taken to the cleaners on that, thank goodness for the apr maybe in 2 years ill be back to breakeven Yeah I took advantage of those early aprs as well but I'm probably not investing in VVS again. The amount of total coins compared to current circulating supply is very...well not bullish. Keeping an eye on it though, if they announce burns we're talking again
People keep saying the app is buggy. It’s not, I’ve been using it for quite a while and it’s worked very well. So does the non-custodial DeFi wallet. Both mobile apps (the only way you can use Crypto.com basically) are well thought out and full of info. Unlike say Coinbase pro that you can’t properly see your history and trades or even sort assets by favorite. People keep saying US residents can’t use it. This is completely wrong! Again, I’ve been using them both for a while without any difficulties. There are some states that DeFi is blocked in, but only a few. The DEX’s are built into the app and are seamlessly integrated with your wallet, if you want them to be. The VVS and Uniswap interfaces that I use are really well done. People say Crypto.com is too expensive and that’s the one I really don’t get, and really disagree with. If you are using CRO as intended within their ecosystem, it’s very very cheap to swap or exchange. Like 1CRO for a basic swap of hundreds of dollars worth of anything. The mining and farming payouts available via the liquidity pools are very good, and your assets stay in your wallet. There are some staking and mining pools that pay well and have 0 lockup or exit fees. Others have lockups. It’s really well designed for a broad range of comfort zones and risk appetites. Another aspect is the ability to partake in releases of new tokens for upcoming DEX that are partnered with Crypto.com. Single Finance[Singe Finance](https://singlefinance.gitbook.io/single-finance/) is the one happening next week and the release and sale of the tokens are designed to allow non-whales a crack at owning some. Again, depending on your risk appetite, these kind of opportunities coming through a respectable CEX are noteworthy. Also, if you’re using CRO anywhere else you’re using an erc20 network and it’s going to be expensive to do anything but hold it. Once you have some CRO in the app it’s all Cronos network, including their L2 bridge for other chains. The internal bridge to convert erc20 and BETA CRO to Cronos is free btw.
Thank you Sir/Madam! This story scores massive personal relatability points as well (VVS), making it a story worth reading/hearing. What's more is that actually read it as narrated by the calming tonal massage of the famous Freeman! .. Cathy Freeman, of course, of Australian Olympic gold medal fame. Thank you for sharing your story.
The defi wallet is their wallet to use for defi protocols on the cronos chain. Almost like their version of MetaMask. I would strongly recommend. You can get better cro staking rates their and I’ve been getting into their defi and earning really good passive income on VVS
Post is by: SHADOW_F_A_X and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/s33a6p/so_whats_considered_the_deeper_unknown_part_of/ I've been in crypto for a year with what a I consider a good portfolio, I've recently started staking my coins and regret not doing it sooner, I had this mindset that because it was unknown to me, it was dangerous and only those with real money/experience would play with it, I feel like I was wrong. I've started looking around and discovered VVS, Uniswap and the likes and started seeing the whole 100%+ APY and it sounds like a gold mine for someone who's just discovered, researching more and more, it's become apparent its high risk yet high reward, I don't exactly know how to explain what yield farming and the likes are but I've got a small idea. I'm wondering if there's more to this, I love learning more and more about crypto, for a year I just held crypto and while it's made some decent gains, I understand there's more to be made. Forgive me if any of this sounds ignorant *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I think they will continue to give these rewards for another few years. At least for the rebates and cashbacks will continue for a long while. For these two aspects they only need to return the user the cash value in CRO. As the value of CRO increases the amount of CRO they need to give to user decreases. They still have 12 years supply of a few billion CRO left so I they probably can keep it up for a while. The only issue I forsee is paying the high interest rate in CRO but perhaps they can offer another coin later CDC does own other coins like VVS.
Currently crawling my way up to the indigo card, I believe in the Cronos chain and the future of the brand! Hodling VVS, Tonic, CRO, WCRO and staking in defi until I can move everything back to the exchange to snag the upgrade
VVS, gamble but I've got it staked through the VVS app linked to the crypto.com defi dapp at 173% currently. Price seems to be mirroring the CRO price movements, it's on the cronos chain so hopefully if CRO has a big year VVS will pump.
My Vvs has went from .000014 at one point now hitting .000003 ughhhh, it did amazing for the first few months it was released, to lesson the pain I obviously have 99% of the VVS I own is staked or in a pool so at least I’ve gained assets of my dumping coin lol
Built on the low-fee and high-speed Cronos blockchain, VVS Finance leverages proven and audited protocols. It stands out with a comprehensive and rewarding incentive program, powered by its governance token with the ticker of VVS. That is from crypto_com. It runs on cronos. Thought it would be a decent crypto since crypto_com was fully behind it. We will see. Not selling anytime soon. Don’t see a point in selling.
Same with VVS, except I only put a small amount in. I figured I would toss in a little and see what it's about...let it accumulate even though the price dropped. In a year or two if it comes back to ANYWHERE near my entry point, it will be a nice stack.
VVS Finance was my first/only experience so far, and has been very positive and enlightening. I learned how to familiarize and properly utilize MetaMask as a new user. I learned that banks been diccin us over w/ 1.5% APY 🤣😇 super hyped on the future of this project 😇🙏
stablecoins are a good one to stake, like USDC. however, you have access to stake on other decentralized exchanges for much larger APY gains. crypto .com has a “DeFi” wallet app you can download and stake items for ^~12% i joined in on the VVS staking for $Tonic on the vvs finance website. you can access the website by searching the VVS token and viewing token details. operates via MetaMask 🙌
>VVS finance. Good luck with that. Yeah, that’s not going great, but it was just an experiment. >It still amazes me people buy iPhone, worse then top3 competitors and more expensive I have an iPhone too! Perhaps that explains a lot! 😉
I believed it. I currently get 15.5% for SNX on Celsius and I was getting 20% for MATIC on NEXO at the time. Not to mention the 200%+ returns I’ve been getting for VVS on VVS Finance, although I acknowledge that DeFi is different. So, honestly, I didn’t question the 30% rate for a second. I won’t make that mistake again!
Bought some stuff. Put it in Liquidity Pools. Stuff lost some value. But rewards from pools are in tokens so I'm basically auto DCA-ing down. Only real loss I've taken is selling the VVS I bought and staked because I read their documentation and decided to let it fall and come back later. Good decision so far. I used to swing trade, made some good gains in 2021 when it was super volatile to be honest, but I'm liking the DeFi farming way better. Way less guesswork.
I use VVS finance glitter mines for VVS and TONIC respectively. I also stake in the vault at MM.Finance and in their Savannah. So far, in the current dip, I have turned my 300$ into about 308$. Only been there like 15 days or so and there has been a dip. The compounding effect on some of these are insane, but it likely won’t last very long so my plan is to get out when APR falls to 60-70%
So I’ve got some ATOM staked on Exodus earning 13.xx% right now, with a 21 day unlocking period. Am i missing an opportunity by not using it to farm OSMO?? (Also, currently farming VVS, but kinda hate its price action and how many tokens they’re releasing….wondering if I should dump that, and experiment with defi on osmosis instead.)
I was fucking around with my holdings too much, costing myself more in fees than the charts cost me. Put everything into USDT for the time being, gonna split that into VVS/ USDT and put it in a liquidity farm, yield is around 190%. There's also a VVS/ USDC lp around 160% if you're not big on tether for obvious reasons.
It says different on the exchange due to the fact VVS was only available on the exchange , about 2 weeks after the real ATH. Before this you could only get VVS from VVS. So there is no graphing or records on the exchange going back prior to it being available on the exchange
I was looking at VVS and insane gains they were giving. Didn't know shit about fuck of what VVS was and how it works. Watching YT videos on subject ( yes, I know, sacrilege, should have read a book on it ) person made a valid argument against any yield farming pool long term that pays out in native tokens. They are hyper inflationary. Which gets people to sell the token ASAP. And since you make more tokens then are used for farming they tend to drop near 0 within short time span. Asking a normal question such as this on Discord is viewed as trolling, because it goes against narrative of double your money within a year. People don't like thinking and they sure as hell don't like it when someone goes against narrative.
i mean VVS is basically just cake but with an almost 5T supply. i never understood the purpose of a coin which is exclusively there for high staking rewards. your 500% APY don‘t mean shit if it tanks -80% and is probably not sustainable at all. its now ~ -66% in comparison to start of december. bUt MuH sTaKiNg rEwArDs
I think initial price on charts are always a bit inaccurate, and it doesn't bother me too much. Look here: https://www.coingecko.com/en/coins/vvs-finance This chart from an independent source only shows VVS as high as .0003 when I know from memory the coin started <.0001 before it went up to .00045 over the course of about a day or two. If the question is why did they do it? Well marketing reasons. Under the rug it goes.
Maybe because CDC and VVS are related together (particle B) . That's why I gave you an external platform to check factual values. This value (26%) from CDC is clearly wrong because if you take the 3 months chart it says we are down 60%+ I don't know when this value is calculated or anything, maybe it's updated once in a month, maybe maybe maybe something else ? CDC listed VVS on 23 november, so exactly 6 weeks
One of those peon buyers checking in. And no, I don't care what anyone thinks of it. I'm focusing on coins I think are undervalued and attached to good projects with solid practical use cases and longterm business and regulatory adoption potential. I'd rather take my chances that something like ALGO or LRC or CKB is going to 10x - 100x and I'm holding a fat bag of them, than have some BTC & ETH dust when it goes 2x. I would also rather own coins I can feasibly stake/farm right now (eg, CELO, CRO, VVS) even if I'm only getting pennies in the short term. It's money I am willing to set on fire, so let it burn.
You're 100% right about cronos being "too new" but I'm just not a fan of VVS. They could have done so much better on the tokenomics but they can't change them now. Investors got way too much. That said, they're all bleeding to death. It'll be back this year and we'll all do well on Cronos. I just bought back into MMF, I like their team.
You sound like a newbie. Buy Matic or Dot both can stake 12.5 APY%. Check out VVS finance which is [Crypto.com](https://Crypto.com) defi wallet. There is glitter mining on there with 220% apy or buy USD and stake at 49%. Buy NFTs. Jeeze. Ohh and during the last crash a few months ago my Luna and Matic both hit all time highs even when the market was down. Luna hit 100. So sorry to burst your bubble but your statement is wrong and you need to look at alt options during these dips..
who cares about the new investors. This isn't a day care for trader babies. These market shifts happen and if you can't deal with 30% drops then start knitting doll clothing. BTC was up 60% in 2021+BTC will rebound and quite honestly my total portfolio from my 12 bags im holding go down too. Instead of crying invest in your self , learn trading for real, learn tokonomics, create some new wallets and learn about staking, mining, etc... VVS has 220% apy with ex cronos, there are ways to make money during a down market. During this dip i started VR in Decentralland and Sandbox. I even minted 3 nfts on open sea. There are lots of things left to take advantage of during dips but don't just bitch and moan and say the sky is falling like in Chicken Little.
I will spend 50% on BTC at this price, 20% on ETH, 10% on MATIC, 5% on CRO and the last 15% on HBAR, RVN, VVS, ALGO. Exactly how much on the last ones depends how low they go in relation to what they are worth, I could potentially go all in on ALGO if it drops more now with those 15% as I believe it could see 3$ by the end of the year.
Their blockhain Cronos is starting to become a great place too with great DeFi projects, just need a bit more people, that 2B TVL is still very small. VVS, MMFinance, etc. all good projects with experienced devs behind them, all of then worth at least a DYOR.
tldr; Crypto.com DeFi Wallet has been integrated with VVS Finance Swap. Users can seamlessly swap Cronos tokens directly via the built-in Swap function. Cronos Bridge has been added to the Swap feature, so users can easily transfer their assets from the Crypto.org Chain to Cronos. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
That I trust and see a future in? VVS Finance. They do autostaking for their own coin and currently the APR is around 130%. It’s on the Cronos Beta Network, the new network for CRO (Crypto.com Coin); so has a lot of room for growth
I believe you will be correct. People with alot of money will invest a bit in crypto as a shield against inflation. I don’t see this happening in the next week, but we might see the start of a wave of money by the end of the year. When this happens I don’t think the underlying tech of a token will matter one bit, so literally any alt coin could be a potential moonbag. I believe MMF,MMO,VVS,TONIC could see huge gains though as they give the owners something very nice when placing money; passive income. Not financial advice, but I am stocking up on these tokens now that they are low.
If you're fucking around with VVS, I highly recommend taking a look at Mad meerkat finance. WAY better tokenomics with 80% of the tokens as rewards versus 50% for VVS. I have a moonjobs post in my profile if you're interested. They recently had an IDO with Mimas finance which has pissed people off a little (their tokenomics are similar to VVS) I personally think it's a fantastic price at .33, their IDO was .2
They have products… just not an exchange like coinbase pro. CDC App = Coinbase CDC Exchange (which does not exist in the US yet) = Coinbase Pro CDC also has a NFT platform CDC also has a DeFi platform which supports dApps such as VVS, Techtonic, Beefy, and something else. CDC also has a tax platform as well. All in all it’s pretty big and will get bigger. Best rates I can find outside of LPs
Only HODL free tokens or coins. Example, when I buy anything, I leave 1/2 on CEX as a limit sell order at 2X. The other 1/2 is withdrawn. If you are DCAing, good. But with each new purchase, the same steps are repeated, so that you have multiple limit sell orders. I also target projects that can be staked. So even if it takes months or years for your sells to hit on the CEX, the other 1/2 are staking away working for you. All of my ONE, ADA, CKB, CAKE, VVS, and more are simply house money.
They're having trouble breaking into DeFi though. VVS finance only working out for the whales so far, NFT projects suck, and CEX->DEX seems like an unintuitive pipeline for newbies who are confused enough about just buying the right token, nevermind the right network or wallet address.
It’s all good bro! Yes find yourself a reputable wallet. Research impermanent loss. Research who you’re staking with for credibility and find that yield % you are comfortable with, auto-stake for compounding interest. I’m still butthurt with VVS Finance but that’s because I didn’t DYOR (new listing) and she took a mean 50% dip 😂
Yes [Crypto.com](https://Crypto.com) is good.. but if you want to do more than buy Bitcoin or Etherium, but something else and move it to that coins native chain. you will make extra money for staking it and get airdrops from that coin/ tokens new projects.. like buy ATOM from [Crypto.com](https://Crypto.com) and send it to your keplr wallet and stake it, LP on osmosis etc. or buy CRO and move it to the CRONOS chain via metmask (add the chain) and play with stuff like [VVS.finance](https://VVS.finance).