What is Swampy (SWAMP) | What is Swampy token

What is Swamp.finance?

Swamp.finance is a yield optimizer, 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 utilization 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 optimization, 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.

Swamp.finance is a yield optimizer, which enables yield aggregation for all SWAMP tokens users. Swamp.finance uses vaults to facilitate the automation of compounding and the process of yield farming. The goal is to make gas utilization more efficient alongside other automated processes while utilizing various strategies to help Swamp.finance users grow their assets through automation.

Swamp.finance has an optimal compounding strategy with an efficient gas pricing model, designed to reduce gas cost to the minimum and encourage long term farming in the Vaults with favourable incentives given in Swampy to attract new depositors and bring extra-rewards to long term Swampy 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 depositing into a Swamp.finance vault. Swamp.finance users also don’t need to have extensive knowledge of the underlying protocols that support automation and yield optimization. Depositing funds into Vaults is a passive investment strategy, which can bring users maximum yields on their deposited balances. Thanks to the protocol and the process of automated compounding and yield aggregation, the initial value of deposited assets is increasing with minimal involvement on the users’ end. Swamp.finance yield optimizer works similar to how crypto hedge funds operate, intending to bring maximal returns to SWAMP users.

Swamp Vaults are designed to save users’ time, simultaneously enabling higher yields thanks to more frequent compounding, efficient gas utilization, and other forms of creative automation processes. When you deposit to a SWAMP vault, your tokens will grow over time. You don’t need to manually reinvest your earnings as you can rely on automation and Swamp.finance protocol, additionally you are given harvestable rewards in the form of SWAMP tokens.

About Swampy

Swampy (SWAMP) is a governance token native to the Swamp.finance ecosystem. Swamp.finance is a yield optimizer hosted on Binance Smart Chain (BSC). Swampy token’s utility is for participation in voting on SwampDAO proposals. Users are rewarded with Swampy bonus rewards as an incentive to deposit their assets in Swamp.finance vaults.

What is a Swampy (SWAMP) token?

Swampy (SWAMP) is a governance token native to the Swamp.finance ecosystem. Swamp.finance is a yield optimizer 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.

How to obtain SWAMP?

SWAMP token is traded on Pancakeswap, one of the leading decentralized 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.

Tokenomics

SWAMP rewards distributed to SWAMP Farms: ~ 3,458.35 SWAMP/day

+33.33% distributed to SWAMP holders via SWAMP Vault

+10% reward to Swamp.finance Dev Team

Total ~5,479.452 SWAMP/day (0.1902587519 SWAMP/block)

Maximum supply cap at 2,000,000 SWAMP.

All parameters may be adjusted in the future via governance.

Pre-mint: 10420 SWAMP

SwampDAO

SwampDAO governance on Swamp.finance will be launched 2 months after SWAMP tokens are initially minted. SWAMP held in the Main SWAMP Vault will be the governance token to the platform. SWAMP governance tokens can be used to make community proposals, vote on proposals, and participate in the governance of Swamp.finance protocol.

A minimum of 1000 SWAMP is required to create new community proposals.

Why is swampy your best friend?

Swampy enables maximal returns on initial deposits through yield aggregation and compounding. Users don’t need to harvest their yield returns manually, allowing the process of automation to take over. Swampy enables higher yield returns on users’ deposits through automation and Swamp.finance protocols that are created to facilitate a more efficient gas utilization and create a DeFi environment with a strong community that works in the best interest of SWAMP users. Swampy offers more rewarding yield returns, maximizing the value of users’ assets with minimal involvement on the users’ end.

How to get started

Learn more about Swamp.finance and Swampy tokens, and get started with these tutorials to find out how you can start using Swampy for maximal returns through automated processes, compounding, and yield aggregation.

Roadmap

March: New vaults every week, Additional wallet support
April: SwampDAO (Governance) & Voting, Better Yield statistics
June-August: Swap, Improved UX, Harvest all function
September: Automatic LP token creation, Lottery
October: Fiat gateway, Automatic investment product

Would you like to earn TOKEN right now! ☞ CLICK HERE

How and Where to Buy Swampy (SWAMP)?

SWAMP is now live on the Binance mainnet. The token address for SWAMP is 0xc5a49b4cbe004b6fd55b30ba1de6ac360ff9765d. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough ETH in your wallet to cover the transaction fees.

Just be sure you have enough WBNB in your wallet to cover the transaction fees.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

☞What is Metamask wallet | How to Create a wallet and Use

Next step

Connect Metamask wallet to Pancakeswap Decentralized Exchange and Buy SWAMP token

Contract: 0xc5a49b4cbe004b6fd55b30ba1de6ac360ff9765d

There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once SWAMP gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com

Find more information SWAMP

☞ Website ☞ Explorer ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Documentation ☞ Coinmarketcap

🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. You are responsible for what you do with your funds

If you are a beginner, learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

Don’t hesitate to let me know if you intend to give a little extra bonus to this article. I highly appreciate your actions!

Wallet address:

BTC : 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c
USDT : 0xfee027e0acfa386809eca0276dab286900d75ad7
DOGE : DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ

I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!

#blockchain #bitcoin #swamp #swampy

What is Swampy (SWAMP) | What is Swampy token | What is SWAMP token