Question 1

What is a Swampy (SWAMP) token?

Accepted Answer

Swampy (SWAMP) is a governance token native to the Swamp.finance ecosystem. Swamp.finance is a yield optimiser hosted on Binance Smart Chain (BSC). Swampy token’s utility is for participation in voting on SwampDAO proposals. As an incentive to deposit their assets in Swamp.finance vaults users are getting a bonus yield in Swampy.

Question 2

How to obtain SWAMP?

Accepted Answer

SWAMP token is traded on Pancakeswap, one of the leading decentralised exchanges (DEX) hosted on Binance Smart Chain (BSC). Pancakeswap is an automated market maker (AMM) that allows users to buy SWAMP tokens and instantly exchange them with other BEP-20 type tokens listed on Pancakeswap.

Question 3

What is Swamp.finance?

Accepted Answer

Swamp.finance is a yield optimiser, which enables yield aggregation for holders and users of SWAMP token. To facilitate automation of the yield farming and the process of compounding, Swamp.finance uses vaults. Vaults also enable a more efficient utilisation of gas, as well as other automated processes, and use different yield strategies to help users grow their assets through automation. Swamp.finance has an optimal compounding strategy with an efficient pricing model, designed to encourage long-term yield farming and provide appropriate incentives for long-term holders. Thanks to the automation factor in the process of yield generation and compounding, users don't need to manually reinvest their staking rewards, but can rely on automated asset growth by simply making a deposit into a Swamp.finance vault. SWAMP holders also don’t need to have extensive knowledge of the underlying protocols that support automation and yield optimisation, while depositing funds to vaults represents a passive investment strategy. The goal is to increase the initial value of assets deposited by users, similar to how crypto hedge funds work, with minimal involvement on users’ end.

Swampy price
SWAMP

Rating · Based on 2 institutional ratings

Swampy community

Swampy news

About Swampy

What is a Swampy (SWAMP) token?

How to obtain SWAMP?

What is Swamp.finance?

Most Visited Cryptocurrencies

Trending

Swampy price SWAMP

Rating · Based on 2 institutional ratings

Swampy community

Swampy news

About Swampy

What is a Swampy (SWAMP) token?

How to obtain SWAMP?

What is Swamp.finance?

Most Visited Cryptocurrencies

Trending

Swampy price
SWAMP