VeraSwapVRAP
$0.0873
Market/Exchange
VRAP Price Prediction and Price Movement
VRAP has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that VRAP's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if VRAP is backed by a solid development team and whether VRAP's technology has any potential to grow.
Please note that this analysis is purely base on VRAP's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
VeraSwap Price Chart
About VeraSwap
Launched in 21/02/2021 by a team based in Spain, Veraswap is a a fully automated market maker token with staking and other market driving features. Veraswap brings a mix of several Decentralized Finance protocols under one platform with an easy to use (user friendly) interface. Key Features of Veraswap Ecosystem
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Serves as a means of exchange for other BEP 20 tokens to BNB and vice versa. This is achieved through an algorithmically price determination mechanism.
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Staking VRAP token to earn rewards based on certain APY offerings.
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Provides a means to add liquidity to other pools or create a market.
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VeraSwap comes with some additional tools like analytics, vote and more to make it more exciting for users. Liquidity provision Reward on VeraSwap
Just as with other automated market makers, Veraswap provides a means by which those who provide liquidity to the ecosystem are rewarded. For now the liquidity providers earn an average 180% to 680% offering which will be proportional to their share in the pool, fees are added to the pool, accrued in real-time and can be claimed by withdrawing their liquidity.
VRAP Token
VRAP token (VRAP) is a BEP 20 token on Binance Smart Chain. Thus, this token is guaranteed to work properly in the ecosystem. It can be used in other decentralized programs without any problems. VRAP token is a governance token of VeraSwap Protocol just like many other automated market maker protocols. The VRAP token will serve as the basis of major rewards within the Veraswap ecosystem as well a decision making for voters.