What is XVS?
XVS is the governace token of Venus, an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).
The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract
How to get the best swap rate for XVS?
step 1: Use your e-wallet to connect to dapp: swapx.launchzone.org
Step 2: Choose XVS to swap for USDT or other tokens
Step 3: Compare
AMMs that were built on Binance Smart Chain has low fee, fast transaction advantages, but still suffered from low liquidity and high price slippage. Binance Smart Chain is also a relatively new public blockchain, it needs more time to develop cross-chain solutions and dApps that work effectively and more popular than those are on the Ethereum blockchain. As an advocate for the development of the Binance Smart Chain, LaunchZone Ecosystem is committed to providing an ultimate solution that aims to minimize the problem of low liquidity and high price slippage by building a new generation of AMM with Cross-Chain Layer 2 called LaunchZone SwapX.
For mor information about SwapX: https://launchzone.org/docs/launchzones-swapx-the-ultimate-solution-for-the-low-liquidity-and-high-price-slippage-of-decentralized-finance/
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