⚖️Virtus Auto-Liquidity Pool (VALP)

VALP Outline

A liquidity pool is a collection of funds locked in a smart contract. Market Liquidity plays an extremely crucial role in allowing the buy & sell of $VAP tokens on PancakeSwap.

In simple terms, Liquidity is a big pool of money that is split 50/50 between $VAP tokens VS $BNB tokens. There is a conversion ratio that is set to the amount of $VAP you can get with BNB, for example: 1 BNB = 300 $VAP.

When somebody buys $VAP tokens, the price per $VAP will go up and the ratio above will also change at the same time to account for this. The same goes in the opposite direction for sales.

Liquidity allows for anybody to buy & sell their $VAP/BNB at anytime, however the less money/liquidity there is in the pool, the worse price you get so what our Virtus Auto-Liquidity Pool (VALP) does, is add more liquidity to that pool by itself and therefore solving that issue.

Here is how the Virtus Auto-Liquidity Pool (VALP) works:

Every 48 hours at 23:59:00 UTC time our Virtus Auto-Liquidity Pool (VALP) will inject automatic liquidity into the market. On each buy or sell order there is a 3% tax fee that automatically gets stored into an Auto-LP wallet and built into our protocol's smart contract is the mechanism which smartly takes the 50% of the amount of $VAP stored in the wallet, and will automatically buy BNB at the current market price.

The remaining 50% of $VAP in the Auto-LP wallet will be used for the $VAP side of liquidity, therefore giving equal an 50/50 weighting of $VAP/BNB which will then be automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.

The VALP will do this every 48 hours by adding more and more liquidity to the pool which will allow $VAP token holders to easily sell their tokens at any time with little to no market slippage. It will also aid in maintaining protocol stability to make sure the APY is upheld for the entire life of $VAP.