Automatically earn rewards that boost your savings just by using VaporDEX. Access the best rates using our built-in aggregators for swaps, bridging, and fiat on-ramping. Find multiple ways to earn, including a portion of DEX fees, paid out in USDC. Coming soon. Track your portfolio on the go. Keep up with the latest prices, trends, and exchange rates of your favorite tokens (coming soon). Users will earn rewards for using the DEX and performing certain actions. Pools are where users can provide assets which are used as liquidity for trades. Users earn fees and APY in exchange.
VAPE is the governance and utility token for VaporDEX, our decentralized exchange on the Avalanche network. As VaporDEX grows and evolves, VAPE will be an increasingly integral part of our DEX and ecosystem. Holding VAPE gives you access to participate in governance measures related to VaporDEX and VAPE itself — as well as giving you access to incremental value experiences that require VAPE to participate or benefit from.
As VaporDEX and our ecosystem grows, VAPE will play a critical role in enabling our community to benefit from the value experiences that are available through our products, solutions, and services. With the VAPE token, we’re designing a token economy that is ideally suited to continually adapt and evolve with our macro ecosystem. VAPE’s role grows in the direction that the ecosystem grows.
When you earn VAPE through one of its primary markets, it’s evidence and a celebration of you contributing value to your peer community through one or more ways. VAPE is not an incentive, it’s a reward. VAPE is not for everyone, its for anyone who adds value through our carefully designed products and value experiences.
VaporDEX has a number of core features – users can swap, stake, pool, and bridge in a single space for a seamless user experience. The lack of cross-chain interoperability can be a pain point when using a DEX. VaporDEX solves this by allowing users to access 16 different blockchains and 11 different bridges to swap tokens. Users can also take advantage of the fact that they don’t need to use a centralized exchange to get funds on or off of VaporDex.
Additionally, VaporDEX users will also be able to rest easy because of the project’s partnership with Lossless, a Web3 protocol for mitigating hacks and returning funds to users. Based on their hack mitigation protocol process, Lossless can facilitate retrieval of tokens in the event of an exploit. VaporDEX’s native token $VAPE has been wrapped with Lossless technology.