Vampire Token offers AMM (market maker, that is, decentralized swap) to exchange various tokens on the Binance smart chain as well as on the farm platform. The BSC network allows very low transaction fees.
Contents:
Description of the Vampire Token project
The purpose of the Vampire Token - to organize communication that can be decentralized and organized into units to carry out actions that contribute to the development of the community. There are several pools and farms already available for the VAMP farm and more will be added.
What is AMM:
| 1 | Automated market makers - computer programs that replace the work of market makers. |
| 2 | AMM allows users to exchange cryptocurrencies on a peer-to-peer basis. Unlike traditional exchanges, the order book is being replaced by liquidity pools. |
| 3 | These liquidity pools allow users to switch from one token to another in a completely decentralized manner. Also, liquidity providers are interested in depositing liquidity in exchange for a portion of the fees, charged by the exchanges. |
Thus, MAs run on mathematical formulas that estimate the exchange rate between two cryptocurrencies, also taking into account the liquidity present in the protocol.
The goal - to make VAMP a rare and valuable asset. The output is only 0.2 VAMP per block. Various functions help to build a complete ecosystem. The first major ecosystem update will be the launch of the meme competition platform. Users will be able to submit memes on a variety of topics to be voted on by the meme community, and the winner will receive a VAMP prize.
Additional data
At the moment, there are no White Paper and RoadMap on the site. The exchange website runs in English and Chinese.
If you want to stay up to date with all innovations, subscribe to the community on these social networks:
- twitter;
- telegram.
You can also leave your e-mail address on the site to receive a newsletter with project news.