VVS Finance (VVS): The Biggest Cronos DeFi Project Yet?
Intermediate
DeFi
May 16, 2022
10 min read
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Detailed Summary
Since the Singaporean-based Crypto.com launched Cronos in November 2021, the EVM-compatible blockchain has steadily gained prominence in the crowded decentralized finance (DeFi) space. The Cronos DeFi ecosystem currently boasts a total value locked (TVL) of $1.83 billion with over 44 protocols.
VVS Finance is the largest project on the Cronos chain and one of the top 10 decentralized exchanges (DEXs). This article takes a deep dive into the VVS Finance protocol and why it's considered the biggest Cronos DeFi project to date.
What Is VVS Finance?
VVS Finance is an automated market maker (AMM) DEX, built on the Cronos blockchain, that facilitates liquidity pools, swaps and staking. VVS Finance (or Very Very Simple DeFi) offers an easy-to-use interface, aiming to drive adoption by demystifying DeFi — even for beginners.