Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
PanicSwap news
About PanicSwap
PanicSwap is an Automatic Market Maker (AMM) protocol on Fantom Network.
At its core, PanicSwap is a fork of the audited Solidly code-base from Andre Cronje. The AMM supports not only both stable and non-stable pairs, but also multi-hop swaps (even those that include stable and non-stable pairs mixed routes) within a very intuitive contract interface.
In terms of innovation, PanicSwap is incentivising liquidity pairs with single asset yield bearing tokens from Yearn Finance, or 'Y-Tokens'. Users will be able to earn yield on their tokens in their liquidity pairs and earn $PANIC rewards for providing liquidity on top of it. Earned $PANIC is vested for 2 years, but can be claimed instantly for a 50% fee on the rewards. We also introduced a variable fee, similar to Uniswap, where different liquidity pairs have different swap fees.
Holders of $PANIC can choose to stake tokens with 0 lockup and earn fees earned by the protocol, or choose to lock their tokens for 2 years and earn previously mentioned fees plus early exit fees paid by farmers who chose to receive their tokens early.
The live PanicSwap price today is $0.000678 USD with a 24-hour trading volume of $9.37 USD. We update our PANIC to USD price in real-time. PanicSwap is up 7.63% in the last 24 hours. The current CoinMarketCap ranking is #7939, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.