swop.fi
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The platform combines various types of liquidity pools, each implemented as a smart contract. The exchange rate is determined by algorithmic pricing and solely depends on the amounts of tokens stored on the smart contract. Swop.fi employs different price calculation formulas that are tailored to each specific token pair for optimal performance. | The platform combines various types of liquidity pools, each implemented as a smart contract. The exchange rate is determined by algorithmic pricing and solely depends on the amounts of tokens stored on the smart contract. Swop.fi employs different price calculation formulas that are tailored to each specific token pair for optimal performance. | ||
- | ==== The SWOP Token ==== | + | ==== The $SWOP Token ==== |
- | SWOP is the governance token of the protocol. | + | $SWOP is the governance token of the protocol. |
- | You can use gSWOP tokens to: | + | You can use $gSWOP tokens to: |
* **Get a discount on trading fees** | * **Get a discount on trading fees** | ||
- | * **Get Staking rewards**: You will get SWOP tokens (35% of all pools trading fees) | + | * **Get Staking rewards**: You will get $SWOP tokens (35% of all pools trading fees) |
- | * **Boosting pools**: Every week, SWOP stakers vote for pool weights for the next week. Pool weights directly affect liquidity providers’ income: the farming reward in SWOP is distributed among the farm pools in proportion to their weights. | + | * **Boosting pools**: Every week, $SWOP stakers vote for pool weights for the next week. Pool weights directly affect liquidity providers’ income: the farming reward in $SWOP is distributed among the farm pools in proportion to their weights. |
- | * **Influence the appearing of new pools:** SWOP stakers can approve or reject a request to add a new pool. | + | * **Influence the appearing of new pools: |
- | * **Participate in IDOs hosted on Swop.fi Launchpad: | + | * **Participate in IDOs hosted on Swop.fi Launchpad: |
Website: [[https:// | Website: [[https:// |
swop.fi.1703616670.txt.gz · Last modified: 2023/12/26 10:51 by admin