Swift Finance — a blockchain-based farm with a sustainable farming mechanism.
Contents:
About Swift Finance
Most profitable decentralized farms are dying because their native tokens are not in demand and people are constantly selling them, which lowers the annual interest rate of their pools. In the end, since there are no new deposits, because the annual interest rate is not high enough to attract new investors, crypto defi developers will not be able to continue developing or buy back tokens as no deposit fees are charged anymore. Swift Finance solves this problem completely, as the pools will rotate and new deposit fees will be continuously charged, allowing the commission to be distributed continuously across the pools where SWIFT holders can place bets and receive a portion of the fees. This ensures that the demand for SWIFT is constant and the value of the token is stable with a high annual interest rate every 7 days.
Once the harvest farm is discontinued, a new set of contracts will appear. It will be rolled out under an “active rotation” concept that will continue to send rewards of $ SWIFT.
Distribution of commissions:
1 | 10% of the emissions will go to the developer's address. |
2 | These issuance fees will be used for exchange listing and partnerships with other farms where a certain number of SWIFT tokens are required to be issued. |
These $ SWIFT rewards will be generated as a result of continuous buybacks and fees, charged on all deposit fees over a period of 2 years. Any new deposit fees, collected from now on, will also help to redeem the token and be used as a reward for future pools.
Swift defi app on social media
You can get more information about the project through the introductory document. Study it before starting work. There is also a section with answers to questions.
From social networks, the community leads:
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