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StormSwap

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News

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What is StormSwap?

Stormswap — a complete DeFi protocol on the BSC. Development began with the AMM protocol, which encourages early users to earn STORM tokens by mining liquidity. More protocols are coming soon, essential for connecting the full DeFi ecosystem to STORM. The user can earn STORM by providing liquidity or using Bifrost (BFX) bets.

Contents:

StormSwap

About the StormSwap project

The mission of the project - to ensure the operation of important DeFi protocols on the BSC. The STORM team is an anonymous group of developers who believe in the future of Decentralized Autonomous Organizations (DAOs) and DeFi. 14.3% of the offer - for a team that plans to expand and hire more people in the near future.

StormSwap — a new AMM protocol that has added some completely new features to bring important DeFi protocols to Binance SmartChain and accelerate the transition from the legacy Ethereum 1.0 to a single perfect blockchain.StormSwap

Liquidity providers earn STORM tokens as an incentive to provide liquidity across multiple pools. As an early bonus, during the first 14 days of liquidity mining, LP holders will receive a 100x bonus on STORM tokens.

Some features:

1 STORM — a BEP20 token. It functions as a governance token for the StormSwap protocol, giving users voting rights in the governance portal.
2 During the 14-day stimulated liquidity production period, 100,000 STORMs will be generated, where 14.3% will be allocated to the developer fund.
3 After the bonus period, about 2000 STORMs will be minted every month with the possibility of changing the emission level through control.

Each StormSwap user can create their own unique referral link, based on the address. When you invite a friend to use the StormSwap protocol and they stake their LP tokens, the person, who created the link, earns 5% from each harvest, and his friend gets another 5% bonus. The developers created this mechanism, inspired by the Binance referral system, which is very important to accelerate the adoption of DeFi.

Additional information

The site has an About section. It describes all features of the project and the rules of use. Also, the developers blog on the Medium site. Articles and news are published there.

From social networks, the community leads:

  • twitter;
  • GitHub.

Subscribe to stay up to date with all updates. Smart contract audit is not provided.

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.