Why is Viral Coin a Defi Smart Contract Based Token?

We all know that the crypto market is highly volatile. The good thing about this market is that a user can earn a hefty amount in less time, however, the dark side is that investors can be caught in the crosshairs during the downfall of the market.

Crypto projects can easily crash as they rise. Due to this many, the investors get discouraged from participating. It has been witnessed that many scammers take undue advantage of the volatility of the crypto market as they show the booming shady ventures which crash as soon as they start.

ViralCoin is one of the most emerged cryptocurrency projects of recent time which is majorly focused on subscription payments and price stability.

This newly launched DeFi Smart Contract Based Token promises the investors that they can participate in this project without the risk of fluctuation in the token prices and an unexpected financial situation.

ViralCoin helps the users in paying their utility bills with the help of cryptocurrency that creates dedicated links among the ViralWallet and merchant sites. It ensures that the monthly debits could be made smoothly.

For a variety of reasons, the early stages of cryptocurrency projects are frequently among the most volatile. Early adopters who are seeking immediate gains may dump their token supply, which lowers the asset's price. Additionally, there are numerous shady schemes throughout the market.

What about the investors, though, who plan to stick around for the long run? What about people who don't want to cope with constant dips and "to the moon" phases but still want to invest concretely in a project? One benefit of ViraoCoin is that it intends to maintain the token price consistent during the minting process.

For a crypto project, the minting phase is typically one of the most hectic times. This is so that they may all acquire and sell their tokens fast and profitably. However, the ViralCoin Vault contract provides ViralCoin with protection from this.

The VIRAL token supply is essentially held in a liquidity pool under this contract in a VIRLA/USDC pairing. The ViralCoin team may easily modify this pairing to ensure that the price doesn't fluctuate.

For instance, new tokens are produced to stabilise the market if the circulating supply is too low and the token is excessively expensive. The liquidity pool is then strengthened by pairing the USDC coins with VIRAL. The price of the ViralCoin remains stable till the time all the tokens get minted.