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Minimal Swap

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The total fiat value of assets in a dapp's smart contracts
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News

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.
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Miguel Rodriguez

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.
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Luis Flores

Stablecoin Payment Transactions Surge Despite Flat Supply

A new report reveals a significant increase in stablecoin payment transactions, contrasting with stagnant supply levels.
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Arif Mukhtar

What is Minimal Swap?

Minimal Swap — a decentralized farm profitability project, powered by Binance Smart Chain.

Contents:
  1. About the Minimal Swap
  2. The safety of using defi app

Minimal Swap

About the Minimal Swap

As with most things, DeFi farming is done through liquidity pools. A liquidity pool is a smart contract that holds and blocks investors' cryptocurrencies / tokens. Liquidity providers contribute to the liquidity of a pool of trading pairs such as MINIMAL-BNB by depositing their cryptocurrency and receiving MINIMAL LP (Liquidity Pool) tokens in return.

The assets in the liquidity pool create a market, where traders can exchange assets. If there was no liquidity pool, the trader would not be able to exchange tokens, since there would be no “other side” of the transaction.Minimal Swap

Minimal Swap is a compilation of the team's views on what they see as elements of a successful old farm model. For this, a low emission level (0.05) was chosen for the crypto coin platform. The developers believe this model will help end users to maximize profits over a long period of time.

Other features:

Emission level 0.05 Minimal /block.
Initial delivery 200 Minimal.
Starting price in dollars 2 $.

There is a deposit fee of 3% for a non-native token with the possibility of increasing.

The safety of using defi app

Timelock adds additional security to the project as changes cannot be made immediately and must be scheduled before any changes are made. To prevent this and ensure security, a Timelock contract has appeared as the owner of MasterChef. The migrator code was removed from the MasterChef contract as a fork of goose finance. You can get more information about the project through the introductory document. In addition to the description, there is a RoadMap with future updates.

From social networks, the community leads:

  • twitter;
  • telegram.

Subscribe and read the latest news. Smart contract audit will appear later.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.