what's VaporFi?

VaporFi is a decentralized finance (DeFi) ecosystem built on the Avalanche blockchain, designed to reward users through various mechanisms including staking, node operation, and ecosystem participation. It features VaporNodes, which allow holders to earn passive income by staking the native $VPND token (now transitioned to $VAPE), and integrates with tools like Lossless for secure token wrapping. The platform emphasizes community governance via on-chain voting and multi-signature wallets, with audited smart contracts to ensure transparency and security. The ecosystem includes a decentralized exchange (VaporDex) for low-fee trading and early project investments, alongside NFT utilities for node trading, gamification rewards, and performance boosts. VaporFi aims to bridge DeFi with real-world value through partnerships, focusing on long-term token emissions (e.g., 21 million $VAPE supply honoring Bitcoin) and buybacks/burns to enhance scarcity and user incentives.

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