The VVS token: supply, emissions and tokenomics
VVS is the native token that powers rewards across the platform. Its design leans on two ideas: a very large maximum supply, and a halving emission schedule that releases that supply slowly over about a decade. Here's what the token does, how it enters circulation, and where the numbers are worth double-checking live.
Supply in circulation, price and market cap change every block. The structural numbers below (maximum supply, the halving model, launch distribution) reflect the token's published design, but the exact circulating figure today belongs on a live tracker like CoinMarketCap, CoinGecko or DefiLlama. Always verify before acting.
What VVS is for
VVS is a CRC-20 token on Cronos (the Cronos equivalent of an ERC-20). It's not a governance vote on its own and it isn't a stablecoin — it's the reward and utility token that ties the platform's incentives together:
- Farming rewards. Liquidity providers who stake LP tokens in the Mines earn VVS. This is the main way new VVS reaches users.
- Staking into xVVS. Lock VVS and you receive xVVS, the yield-bearing governance token that carries voting power and a claim on protocol revenue. See staking & governance.
- Utility across products. VVS is used for incentives, partner-token campaigns and access mechanics throughout the ecosystem.
Maximum supply and the halving emission
VVS launched in November 2021 with a maximum supply on the order of 100 trillion tokens, scheduled to be released over roughly ten years rather than all at once. The release follows a halving model: a large tranche is emitted in the first year, and each subsequent year emits about half as much as the year before. Commonly cited figures put roughly 50 trillion in year one, about 25 trillion in year two, ~12.5 trillion in year three, and so on — a curve that front-loads rewards to bootstrap liquidity, then tapers to limit long-run inflation.
Launch distribution
At launch the token allocation was published roughly as follows. Treat these as the design-time split; always confirm specifics against current official documentation.
Why such a large number of tokens?
A supply in the trillions is a deliberate design choice, not a sign of anything unusual. A token's importance comes from its market capitalization (price × circulating supply), not its unit price. A very low per-token price simply means you hold a lot of whole tokens — psychologically pleasant, economically neutral. What matters for value is demand, the rate of new emission, and how much supply is locked in staking versus circulating.
VVS and xVVS, side by side
| VVS | xVVS | |
|---|---|---|
| How you get it | Farming, buying on the market | Staking VVS |
| Primary role | Rewards & utility | Governance & revenue share |
| Voting power | None directly | Yes — scales with lock length |
| Earns protocol revenue | Indirectly (via buybacks) | Directly, as yield |
In short: VVS is the engine's fuel, distributed on a tapering schedule to reward the people who keep the exchange liquid; xVVS is what you get when you commit that fuel to the protocol's future. To put VVS to work, continue to staking & governance. To sanity-check any figure on this page, head to a live data tracker — never an unverified link.