How to convert your xVVS tokens back to VVS on VVS Finance using the iOS Crypto.com Defi Wallet App

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  • Опубликовано: 1 окт 2022
  • Disclaimer: This is not financial advice and is my own experience. This is purely for entertainment only. I am not associated with Crypto.com and you should do your own research before making any decisions. At the time of producing this video, I do hold CRO and VVS. Don't invest anything you can't afford to lose.
    In this video, we continue on with Cronos defi, exploring how to convert your xVVS tokens on VVS Finance back to VVS tokens. xVVS is a non-tradable receipt token that can be used in many ways within the VVS Finance platform, including in vaults. However, as they are not tradable, you may wish to convert them back to VVS. I assume that you already have xVVS tokens that are not locked in a vault and that you have CRO in your wallet, and that you do indeed have a wallet. If not, you'll need those first.
    If you haven't got a Crypto.org chain Defi wallet yet, check out this video on how to set one up in the Crypto.com Defi Wallet mobile app: • How to set up the Cryp...
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Комментарии • 7

  • @twotwosteele
    @twotwosteele Год назад

    What do the, harvest button do

  • @slipslider9048
    @slipslider9048 10 месяцев назад

    Thanks dude. This app is confusing AF.

  • @dragossall6343
    @dragossall6343 Год назад

    Thanks a lot bro

  • @johnvucci3096
    @johnvucci3096 4 месяца назад

    I unstated some xvvs and now it shows barvvs in my waller. And when I want to swap there is a 70percet loss

  • @dragossall6343
    @dragossall6343 Год назад

    I bought VVS worth 500 euros and changed it to XVVS. I staked the XVVS for 1 year for the APR of almost 50% Now I've got 300 euros to invest and I'm thinking if it would be a good idea to diversify and buy Ferro (Fer) that I can change to xFer and stake it for a year. What do you think, is it a good idea to buy Ferro or would it be better to buy more vvs? I know the risk and I understand that I can lose a lot of money, I just wanted to know your opinion about the Ferro project

    • @matttalkscrypto
      @matttalkscrypto  Год назад

      If it helps, check out ruclips.net/video/Kr3WRskATKQ/видео.html and ruclips.net/video/muH7BE2uUuw/видео.html - I can't give financial advice and this definitely isn't financial advice, but I like what Ferro is doing. There are pros and cons compared to VVS/xVVS, but I personally like diversity. The biggest pro of VVS/xVVS over Ferro that I see is that VVS Finance is at the heart of CRONOS, at least for now. So it's not likely to go anywhere and is more likely for vulunerabilities to be detected and secured. At the same time, that's also the biggest con since it's one of the biggest targets on CRONOS for malicious actors.