BUSD

Swerve

Rewards

Coin

Gains

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/swerve-coin-gains-traction-as-decentralized-liquidity-solution" rel="noopener noreferrer nofollow">Swerve Coin Gains Traction as Decentralized Liquidity Solution</a><br></p>
<p style="text-align: justify">Swerve, a decentralized liquidity protocol specializing in stablecoin exchanges, has garnered attention in the cryptocurrency sphere for its user-centric approach and significant total locked value, which soared to nearly $1 billion. Designed as a fork of Curve, Swerve offers a singular pool comprising Dai, USD Coin, <a href="https://en.bitcoinhaber.net/united-nations-warns-of-tether-usdt-misuse-in-southeast-asia" rel="noopener noreferrer nofollow">Tether</a>, and TrueUSD, promoting stablecoin trading.</p>
<h2 id="swerve-s-community-centric-operations-and-rewards">Swerve’s Community-Centric Operations and Rewards</h2>
<p style="text-align: justify">Launching as a rival to Curve, Swerve’s inception stemmed from critiques of Curve’s governance and centralization. Its creator introduced the platform with an emphasis on equitable exchange rates and better stablecoin yield potentials. A distinctive “Boost” mechanism rewards users locking their SWRV tokens with augmented annual percentage yields, calculated based on the user’s and total locked tokens. The platform allocates half of its trading fees to liquidity providers, retains a portion for administrative costs, and directs a fixed fee to its treasury, maintaining a cap for operational funding.</p>
<p style="text-align: justify">Moreover, Swerve’s development trajectory gained a boost through a grant in October 2020 for integrating with the decentralized <a href="https://en.bitcoinhaber.net/robert-kiyosaki-champions-bitcoin-and-precious-metals-as-shields-against-financial-instability" rel="noopener noreferrer nofollow">finance</a> ecosystem Serum. The project’s founder, known as John Deer — an anonymous figure claiming expertise in software and crypto who described himself as a “low-level farmer” — has expressed intentions to magnify platform volume and enhance SWRV’s appeal.</p>
<h2 id="acquiring-swrv-through-binance">Acquiring SWRV through Binance</h2>
<p style="text-align: justify">Investors interested in purchasing SWRV can do so through Binance, the leading global cryptocurrency exchange. The process involves registering on Binance, transferring fiat currency, and trading it for BUSD or <a href="https://en.bitcoinhaber.net/bnb-foundation-successfully-completes-26th-quarterly-bnb-token-burn" rel="noopener noreferrer nofollow">Binance Coin</a>, which can then be used to acquire SWRV. Additionally, Binance allows users to set limit orders to buy SWRV at desired prices, further facilitating user control over their investments.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/swerve-coin-gains-traction-as-decentralized-liquidity-solution" rel="noopener noreferrer nofollow">Swerve Coin Gains Traction as Decentralized Liquidity Solution</a></h5>

Swerve Coin Gains Traction as Decentralized Liquidity Solution

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