How to flash a CRO-VVS LP & deposit tokens into VVS Finance Crystal Farms - Crypto.com Defi Wallet

2 years ago
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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 on both the app and the exchange. Don't invest anything you can't afford to lose.

In this video, we continue on with Cronos defi, exploring how to create a CRO-VVS LP token on VVS Finance and stake it in VVS Finance Crystal Farms using the Flash create option with CRO. VVS Finance Crystal Farms are dual asset liquidity pools where you earn a reward derived from swap fees charged by the DEX to users who are swapping between the two tokens. This fee reward is usually paid in VVS tokens, as is the case with the CRO-VVS Crystal Farm.

In this video, I assume you have CRO tokens already in your wallet, however, you can also flash the LP from VVS or another token. In any case, you need to at least have CRO in your wallet to pay the fees. If not, I did another video on how to use the Cronos Bridge to transfer CRO from the Crypto.org chain which may be helpful here: https://www.youtube.com/watch?v=96YVSfhdH-0

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: https://www.youtube.com/watch?v=stlGozGNQD0

You might also be interested in:
How to claim VVS Crystal Farm LP rewards: https://youtu.be/IHV2RdFhzIs
How to stake CRO to a validator in the DeFi wallet: https://youtu.be/JzS88XCvDEc
How to stake VVS to get xVVS: https://youtu.be/0_vk9ohx-vs
How to stake xVVS in VVS Glitter Mines: https://youtu.be/F3lwBUQc00k
Cake DeFi: https://youtu.be/_fadhL5YAdA

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