The 1st Launch of BrownFi AMM on Viction mainnet

December 27th, 2024

We are delighted to launch BrownFi AMM on Viction mainnet, following a rigorous audit by Verichain and liquidity provision of Viction Foundation. Users on the Viction ecosystem now can enjoy trading C98/VIC with near-zero price impact thanks to high liquidity concentration. BrownFi’s UX, particularly LP management, is simply as on Uniswap V2.

About BrownFi AMM

BrownFi is an innovative oracle-based AMM, offering high capital efficiency and simple UX for average LPers. BrownFi is designed to solve the pain-points of LPers on the Uniswap V3 model:

Fact 1: Half of LPers on UniV3 are lost due to high impermanent loss and Out-of-Range;
Fact 2: ~$858M dollars are lost for arbitrageurs.

LPers on BrownFi AMM enjoy high capital efficiency, being permanently-active for trades & fee collection, arbitrage resistance, hence earn more than ever

BrownFi has retroactive and referral program for users and liquidity contributors. Details will be announced later.

About Viction

Viction is an EVM-compatible layer-1, designed with a focus on user experience, prioritizing zero-gas transactions, speed, security, and scalability to contribute to the creation of a more secure and open world. BrownFi is excited to bring innovative & highly-efficient liquid solutions to the Viction ecosystem and the best UX to its users.

How to trade and provide liquidity on BrownFi AMM?

All UX on BrownFi AMM is similar to Uniswap V2. Traders can swap instantly between C98 and VIC tokens. More pairs will come. LPers can add/remove liquidity similarly to Uniswap V2, much simpler than V3 model.

Go to trade on BrownFi AMM

After token approval, your swap or supply action may fail due to delay on fetching events from the underlying blockchain. Just refresh your dapp, then click swap or supply liquidity. It will go through.

Wallet connection

Users may connect Metamask, Walletconnect or Coin98 wallet extensions on web-browsers for transactions. Simple tips to connect Coin98 wallet:

1. Install Coin98 wallet extension on your web browser
2. You must DISABLE wallets supporting Viction chain like Metamask.

3. Open your Coin98 wallet, go to settings, then Override wallet, set Coin98 wallet as default. All done, now you can use Coin98 wallet on Brownfi. When you connect wallet, clicking Metamask symbol will link to Coin98 wallet.