VAI is a decentralized stablecoin on the Venus Protocol exclusively on Binance Smart Chain.
VAI price is currently around $0.990340 USD with a 24-hour trading volume of $5,393,952 USD. The current CoinMarketCap ranking is #181, with a live market cap of $144,859,496 USD.
What is SwapX:
- SwapX is an AMM Aggregator protocol developed by the LaunchZone team. This protocol automatically helps users acquire the best swap rate available on all BSC’s AMMs.
- Obviously, our swapx.launchzone.org offers better swap rates than other AMMs because it finds the AMMs with the best liquidity among BSC’s AMMs to divide, match, and execute user’s orders.
- Increase the number of users and the adoption of Binance Smart Chain.
- Increase transaction volume and liquidity for VAI.
- Help users get the best swap rate when swapping trading pairs with VAI.
Form of implementation:
- The Referral Trading Contest organized by LaunchZone SwapX & Venus Protocol.
Location of implementation:
- Users who connect his/her wallet to SwapX shall have a unique referral link. The user copies the link and sends it to his/her friends. The winner of the contest will be the one with the highest total of friends’ trading volume.
Price and reward:
- 2,000 VAI
The time period of implementation:
- 1 week.
- Date & Time: From 10th March 2021, 10:30 PM (Hongkong Time) to 17th March 2021, 10:30 PM (Hongkong Time).
Ranking reward structure:
- 1st Place: 140 VAI
- 2nd Place: 100 VAI
- 3rd Place: 80 VAI
- 4th Place: 60 VAI
- 5th-10th Place: 30 VAI
- 11th-100th Place: 16 VAI
- LaunchZone reserves the right to disqualify traders that are deemed wash trades or showing any kind of self-dealing.
- LaunchZone only calculates the total buy & sell volume of $VAI token overall trading pairs.
- LaunchZone reserves the right to cancel or amend any activity or activity rules at our sole discretion.
- The rewards will be contributed directly to the wallets of winners within 1 week after the campaign ends.
- All the rewards will be paid in VAI.
- Participants need to follow LaunchZone and VAI on https://twitter.com/bscexofficial and https://twitter.com/VenusProtocol