Disclaimer:

This article is not investment advice. All investment is risky, so please learn the project information independently and comprehensively, and choose carefully based on your risk tolerance.

VanSwap is the largest decentralized exchange (DEX) on the Vision Network, a new layer1 blockchain. It builds a place for users to trade, earn, invest and govern. After multiple stages of construction, it will become a decentralized exchange completely governed by DAO.

Social Media:

Website: https://www.vanswap.org/

Twitter: https://twitter.com/Van_Swap

Telegram: https://t.me/VanSwap

Medium: https://medium.com/@vanwap

** **

In addition to its basic functions as a DEX, Vanswap also innovatively uses the "Token+NFT" model. It is the first DEX to use the "Defi + NFT" paradigm, which isolates the governance utility of the platform token $VAN from its governance system and uses NFTs to power it. At present, Vanswap has issued $VAN tokens, and launched farms, pools, and the addition of referral rewards. Currently, for the convenience of users, Vanswap has also integrated Vtimes wallet and Vision bridge cross-chain bridge.

** **

In the future, Vanswap will also introduce NFT, and NFT holders will be able to have permissions and empowerment in Vanswap's governance system, such as participating in boost yield of the farm, and obtaining the whitelist guaranteed distribution of Launchpad IDO, etc., and finally achieve " Defi + NFT" common DAO governance.

Analysis: Why did Vanswap choose Vision Network?

Vanswap runs on the Vision Network (hereinafter collectively referred to as the Vision Chain). Since the Vision Chain is a relatively new public chain, we will also introduce the Vision Chain and the reasons why Vanswap chose the Vision Network.

The Vision Chain was launched on the mainnet in September 2020. It is a decentralized public blockchain network based on the Vision consensus protocol, and is the core part of the Vision ecosystem. The many advantages of the Vision chain are the reasons why Vanswap has chosen to run on it.

Vision Chain has achieved low cost, composability and scalability. EVM can migrate Ethereum native applications at a low cost, bringing users a fast and smooth experience. It aims to provide millions of developers around the world with an efficient, simple, stable, secure and easy-to-optimize blockchain-specific system. It can seamlessly connect with the existing developer ecosystem and meet the requirements of the DPoS consensus mechanism. In addition to product improvements, Vision is also developing oracles, NFT marketplace and Metaverse game engines on the underlying infrastructure. At the application layer, VTimes wallet has been launched on the entire platform, supports VanSwap, and more Dapp applications have begun to access, such as Uniswap V3, third-party payment, NFT, DeFi financial management and other fields Dapp will be integrated into the ecosystem.

Vision Chain runs open-source code that can be audited by third parties and the public. In the case of open-source code, anyone (with considerable technical knowledge) can scrutinize the code. Since VIsion went live on the mainnet, there has been no security incident or hacker attack, which shows the high security of the VIsion chain giant. In addition, Vision will also incentivize security teams and projects to conduct regular and careful reviews of Vision's security through the Security Incentive Program to ensure its security, and there is a bug bounty running.

1. Buy $VS from PancakeSwap on BSC $VS $VS contract address: 0xcd76bc49a69bcdc5222d81c18d4a04dc8a387297

2. Cross your $VS on Vision Bridge

VanSwap completed a $1 million private round of financing on May 12, 2022, led by Vision Foundation, and the funds will be used for Vanswap’s ecological expansion and technology research. For more details, check VanSwap’s official Medium: https://medium.com/@vanwap

VanSwap has a clear development roadmap and is expected to complete its goals in four phases by the end of 2023, making it the largest DEX and project in the Vision chain. At present, VanSwap has successfully completed the first phase, and the second phase is also progressing smoothly.

In the first phase VanSwap builds around the token $VAN.

Announcing the VanSwap platform token and its token economics

Start VAN IDO

Open farms and stake pools

Website upgrade and web3.0 integration

Community and social media building

The irst round of marketing

In the second phase NFTs will be introduced and incorporated into DAO governance.

Launch DAO, governance functions, and transfer ownership

Introduction to NFTs, governance participation tokens and their token economics

Introducing the Boost Yield feature on the farm

Simplified swap/liquidity user experience

Launchpad ready

The second round of marketing

In the third phase Vanswap will launch a launchpad to support the outstanding project IDO in Vision Network.

Launch Launchpad IDO

Integrated Vision Bridge V2.0 to support multi-chain operation

Launched Decentralized Derivatives

Integrate other infrastructures such as lending and Victorlink in the Vision ecosystem

Full transfer of ownership to the DAO

The third round of marketing

In Phase 4 Vanswap continued to grow as expected in terms of user base and TVL. Ultimately, it is expected to be Vision Network’s flagship DEX, what Pancakeswap was to BSC and Uniswap to the Ethereum network.

Become the largest Defi platform on Vision Network

TVL reaches $100 million

Community reaches 100,000+

** Analysis: **The author believes that the VanSwp roadmap is very clear and executable. At present, the transaction volume of VanSwap has reached 16M, and the incomplete statistics of community user data have exceeded 20,000. The target gap is not that big.

Most of the Web3 projects are open-source projects, and code auditing is critical to security. VanSwap has completed the audit by BLOCK AUDIT in July 2022, which also proves that VanSwap is safe and reliable. For a detailed audit report, please see https://github.com/Block-Audit-Report/Van_Swap#van_swap

1) Token Economic Model Vanswap adopts an innovative "Defi + NFT" model, the platform token $VAN is issued through farms and mining pools to incentivize liquidity providers, and NFT is incorporated into the governance system.VAN tokens are generated through the Vrc-20 protocol, the total amount is 100,000,000, and the token distribution is shown in the figure below:

Private placement - 6.5%: 20% is released after a 6-month lock-up period, and the remaining 80% is released during a 20-month vesting period.

IDO — 3%: Unlocked at TGE, 100% released.

Team - 5%: 20% released after a 9-month lock-up period, the remaining 80% released during a 10-month vesting period.

Advisor & Partner -1.5%: 20% will be released after a 3-month lock-up period, and the remaining 80% will be released during a 10-month vesting period.

Liquidity -5%: Liquidity is locked for 5 years.

Community - 1%: Unlocked at TGE, 100% released.

Ecosystem and Marketing - 6%: 6 month vesting period.

Treasury - 72%: Released linearly per block within 60 months (5 years) via farms, mining pools, etc.

2) Vanswap's "Defi + NFT" mode

The Vanswap team has designed an innovative dual model that combines tokens and NFTs. Its platform token, $VAN, gives liquidity providers the utility of being compensated (or rewarded) by staking their liquidity. NFTs will be minted by burning $VAN, and NFT holders will receive advanced privileges. The specific implementation is divided into 3 stages, as shown in the following figure:

Currently, it’s in Phase 1, similar to most yield-farmed DEXs, $VAN is minted through farms and funding pools, and as a reward for liquidity contributors such as liquidity providers and $VAN miners.

The second phase is about to begin, and the most interesting thing in this phase is the introduction of NFTs. The main role of NFTs is DAOs - NFT holders will be able to have voting rights in the governance of Vanswap. This is where Vanswap differs from most existing DEXs in that its governance is built on the fact that long-term holders of its platform tokens can participate. When new NFTs are minted, the burning of $VAN will greatly reduce the circulation of tokens, providing value capture for $VAN.

In the third phase, in addition to the leading role of NFT holders as governance participants, more and more use cases will be related to NFTs and their underlying privileges. For example: guaranteeing the whitelist of Launchpad IDO, increasing the farm's premium, which will also drive the long-term price increase of NFTs.

Through the second and third stages of construction, both $VAN and NFT will gain strong value capture capabilities, forming a positive cycle empowerment model of DeFi + NFT. At the same time, the DAO model of NFT+DeFi will also be formed, and holders of tokens and NFTs will jointly participate in the governance of VanSwap DAO.

3) About NFTs

3.1 How to get VanSwap NFT

NFTs are not currently on sale or whitelisted. They can be obtained by doing tasks, such as joining the LP pool and Staking pool, exchanging tokens on VanSwap, and inviting your friends to use VanSwap. After completing all tasks, you will be able to pass burn your $VAN to get VanSwap NFTs.

For each mission, VanSwap NFT will be added to the limited account based on the new users of VanSwap in the previous phase, on a first-come, first-served basis. So everyone has a chance to get it, but not everyone gets it. The above strategies can ensure the scarcity of issued NFTs, while also improving the value capture of VAN tokens.

3.2 VanSwap NFT Equity

Staking VanSwap NFTs to increase the additional benefit of Farms pool staking

Priority access to launchpad's whitelist

VanSwap DAO governance

1) Vanswap has rich functions and a strong ability to capture token value

As the head DEX of Vision, Vanswap has very rich functions, such as mining, launchpad, NFT staking, accelerated mining, referral, integrated wallet cross-chain bridge and so on. The tokens of VanSwap also have plenty of uses. Not only can they receive dividends from transaction fees, but they can also buy NFTs to participate in $VAN governance. In the subsequent operations, the team will continue to empower $VAN tokens to allow more people to hold more coins with confidence. In addition, by using tokens to purchase NFT, the liquidity of VAN can be effectively reduced, the stability of VAN price and the reduction of emissions can be ensured.

2) "Defi + NFT" is a positive cycle enabling model

NFT will be minted by burning $VAN, NFT holders will get special platform privileges, and the platform token $VAN will be given more liquidity, forming a good positive cycle empowerment model. It is beneficial for users to hold tokens and NFTs.

Disclaimer:

This article is not investment advice. All investment is risky, so please learn the project information independently and comprehensively, and choose carefully based on your risk tolerance.

VanSwap is the largest decentralized exchange (DEX) on the Vision Network, a new layer1 blockchain. It builds a place for users to trade, earn, invest and govern. After multiple stages of construction, it will become a decentralized exchange completely governed by DAO.

Social Media:

Website: https://www.vanswap.org/

Twitter: https://twitter.com/Van_Swap

Telegram: https://t.me/VanSwap

Medium: https://medium.com/@vanwap

** **

In addition to its basic functions as a DEX, Vanswap also innovatively uses the "Token+NFT" model. It is the first DEX to use the "Defi + NFT" paradigm, which isolates the governance utility of the platform token $VAN from its governance system and uses NFTs to power it. At present, Vanswap has issued $VAN tokens, and launched farms, pools, and the addition of referral rewards. Currently, for the convenience of users, Vanswap has also integrated Vtimes wallet and Vision bridge cross-chain bridge.

** **

In the future, Vanswap will also introduce NFT, and NFT holders will be able to have permissions and empowerment in Vanswap's governance system, such as participating in boost yield of the farm, and obtaining the whitelist guaranteed distribution of Launchpad IDO, etc., and finally achieve " Defi + NFT" common DAO governance.

Analysis: Why did Vanswap choose Vision Network?

Vanswap runs on the Vision Network (hereinafter collectively referred to as the Vision Chain). Since the Vision Chain is a relatively new public chain, we will also introduce the Vision Chain and the reasons why Vanswap chose the Vision Network.

The Vision Chain was launched on the mainnet in September 2020. It is a decentralized public blockchain network based on the Vision consensus protocol, and is the core part of the Vision ecosystem. The many advantages of the Vision chain are the reasons why Vanswap has chosen to run on it.

Vision Chain has achieved low cost, composability and scalability. EVM can migrate Ethereum native applications at a low cost, bringing users a fast and smooth experience. It aims to provide millions of developers around the world with an efficient, simple, stable, secure and easy-to-optimize blockchain-specific system. It can seamlessly connect with the existing developer ecosystem and meet the requirements of the DPoS consensus mechanism. In addition to product improvements, Vision is also developing oracles, NFT marketplace and Metaverse game engines on the underlying infrastructure. At the application layer, VTimes wallet has been launched on the entire platform, supports VanSwap, and more Dapp applications have begun to access, such as Uniswap V3, third-party payment, NFT, DeFi financial management and other fields Dapp will be integrated into the ecosystem.

Vision Chain runs open-source code that can be audited by third parties and the public. In the case of open-source code, anyone (with considerable technical knowledge) can scrutinize the code. Since VIsion went live on the mainnet, there has been no security incident or hacker attack, which shows the high security of the VIsion chain giant. In addition, Vision will also incentivize security teams and projects to conduct regular and careful reviews of Vision's security through the Security Incentive Program to ensure its security, and there is a bug bounty running.

1. Buy $VS from PancakeSwap on BSC $VS $VS contract address: 0xcd76bc49a69bcdc5222d81c18d4a04dc8a387297

2. Cross your $VS on Vision Bridge

VanSwap completed a $1 million private round of financing on May 12, 2022, led by Vision Foundation, and the funds will be used for Vanswap’s ecological expansion and technology research. For more details, check VanSwap’s official Medium: https://medium.com/@vanwap

VanSwap has a clear development roadmap and is expected to complete its goals in four phases by the end of 2023, making it the largest DEX and project in the Vision chain. At present, VanSwap has successfully completed the first phase, and the second phase is also progressing smoothly.

In the first phase VanSwap builds around the token $VAN.

Announcing the VanSwap platform token and its token economics

Start VAN IDO

Open farms and stake pools

Website upgrade and web3.0 integration

Community and social media building

The irst round of marketing

In the second phase NFTs will be introduced and incorporated into DAO governance.

Launch DAO, governance functions, and transfer ownership

Introduction to NFTs, governance participation tokens and their token economics

Introducing the Boost Yield feature on the farm

Simplified swap/liquidity user experience

Launchpad ready

The second round of marketing

In the third phase Vanswap will launch a launchpad to support the outstanding project IDO in Vision Network.

Launch Launchpad IDO

Integrated Vision Bridge V2.0 to support multi-chain operation

Launched Decentralized Derivatives

Integrate other infrastructures such as lending and Victorlink in the Vision ecosystem

Full transfer of ownership to the DAO

The third round of marketing

In Phase 4 Vanswap continued to grow as expected in terms of user base and TVL. Ultimately, it is expected to be Vision Network’s flagship DEX, what Pancakeswap was to BSC and Uniswap to the Ethereum network.

Become the largest Defi platform on Vision Network

TVL reaches $100 million

Community reaches 100,000+

** Analysis: **The author believes that the VanSwp roadmap is very clear and executable. At present, the transaction volume of VanSwap has reached 16M, and the incomplete statistics of community user data have exceeded 20,000. The target gap is not that big.

Most of the Web3 projects are open-source projects, and code auditing is critical to security. VanSwap has completed the audit by BLOCK AUDIT in July 2022, which also proves that VanSwap is safe and reliable. For a detailed audit report, please see https://github.com/Block-Audit-Report/Van_Swap#van_swap

1) Token Economic Model Vanswap adopts an innovative "Defi + NFT" model, the platform token $VAN is issued through farms and mining pools to incentivize liquidity providers, and NFT is incorporated into the governance system.VAN tokens are generated through the Vrc-20 protocol, the total amount is 100,000,000, and the token distribution is shown in the figure below:

Private placement - 6.5%: 20% is released after a 6-month lock-up period, and the remaining 80% is released during a 20-month vesting period.

IDO — 3%: Unlocked at TGE, 100% released.

Team - 5%: 20% released after a 9-month lock-up period, the remaining 80% released during a 10-month vesting period.

Advisor & Partner -1.5%: 20% will be released after a 3-month lock-up period, and the remaining 80% will be released during a 10-month vesting period.

Liquidity -5%: Liquidity is locked for 5 years.

Community - 1%: Unlocked at TGE, 100% released.

Ecosystem and Marketing - 6%: 6 month vesting period.

Treasury - 72%: Released linearly per block within 60 months (5 years) via farms, mining pools, etc.

2) Vanswap's "Defi + NFT" mode

The Vanswap team has designed an innovative dual model that combines tokens and NFTs. Its platform token, $VAN, gives liquidity providers the utility of being compensated (or rewarded) by staking their liquidity. NFTs will be minted by burning $VAN, and NFT holders will receive advanced privileges. The specific implementation is divided into 3 stages, as shown in the following figure:

Currently, it’s in Phase 1, similar to most yield-farmed DEXs, $VAN is minted through farms and funding pools, and as a reward for liquidity contributors such as liquidity providers and $VAN miners.

The second phase is about to begin, and the most interesting thing in this phase is the introduction of NFTs. The main role of NFTs is DAOs - NFT holders will be able to have voting rights in the governance of Vanswap. This is where Vanswap differs from most existing DEXs in that its governance is built on the fact that long-term holders of its platform tokens can participate. When new NFTs are minted, the burning of $VAN will greatly reduce the circulation of tokens, providing value capture for $VAN.

In the third phase, in addition to the leading role of NFT holders as governance participants, more and more use cases will be related to NFTs and their underlying privileges. For example: guaranteeing the whitelist of Launchpad IDO, increasing the farm's premium, which will also drive the long-term price increase of NFTs.

Through the second and third stages of construction, both $VAN and NFT will gain strong value capture capabilities, forming a positive cycle empowerment model of DeFi + NFT. At the same time, the DAO model of NFT+DeFi will also be formed, and holders of tokens and NFTs will jointly participate in the governance of VanSwap DAO.

3) About NFTs

3.1 How to get VanSwap NFT

NFTs are not currently on sale or whitelisted. They can be obtained by doing tasks, such as joining the LP pool and Staking pool, exchanging tokens on VanSwap, and inviting your friends to use VanSwap. After completing all tasks, you will be able to pass burn your $VAN to get VanSwap NFTs.

For each mission, VanSwap NFT will be added to the limited account based on the new users of VanSwap in the previous phase, on a first-come, first-served basis. So everyone has a chance to get it, but not everyone gets it. The above strategies can ensure the scarcity of issued NFTs, while also improving the value capture of VAN tokens.

3.2 VanSwap NFT Equity

Staking VanSwap NFTs to increase the additional benefit of Farms pool staking

Priority access to launchpad's whitelist

VanSwap DAO governance

1) Vanswap has rich functions and a strong ability to capture token value

As the head DEX of Vision, Vanswap has very rich functions, such as mining, launchpad, NFT staking, accelerated mining, referral, integrated wallet cross-chain bridge and so on. The tokens of VanSwap also have plenty of uses. Not only can they receive dividends from transaction fees, but they can also buy NFTs to participate in $VAN governance. In the subsequent operations, the team will continue to empower $VAN tokens to allow more people to hold more coins with confidence. In addition, by using tokens to purchase NFT, the liquidity of VAN can be effectively reduced, the stability of VAN price and the reduction of emissions can be ensured.

2) "Defi + NFT" is a positive cycle enabling model

NFT will be minted by burning $VAN, NFT holders will get special platform privileges, and the platform token $VAN will be given more liquidity, forming a good positive cycle empowerment model. It is beneficial for users to hold tokens and NFTs.