TokyoSwap Finance — a decentralized Yield Farm multi-chain project, powered by Binance Smart Chain and Fantom Network (FTM). The vision - to incentivize decentralized finance through income farming on Tokyoswap.Finance, creating an ecosystem that supports the value of the token.
Description of the TokyoSwap project
Yield farming is becoming more and more popular among decentralized finance (DeFi) investors. With the right approach, this system can bring exceptional profits. An experienced farming participant can profit not only from the increase in prices in their holdings, but also from the crops, received by these farms. By locking assets in liquidity pools such as Tokyoswap.Finance, investors can earn passive income.
Some features:
| 1 | Much of the income farming in DeFi is done through liquidity pools. |
| 2 | A liquidity pool - a smart contract that holds and locks investors' cryptocurrencies/tokens. |
| 3 | Liquidity providers contribute to the liquidity of a pool of trading pairs such as TOKYO-BNB by contributing their cryptocurrency (TOKYO and BNB) to the pool, receiving LP (Liquidity Pool) tokens in return. |
The Annualized Percentage Yield (APY) of a liquidity pool usually gives a good indication of how much trading fees can be earned from the pool. However, please note that these rates are not fixed and change daily, based on historical trading data from the pool.
More about Tokyo Swap
A time block - a piece of code in a smart contract that can block the functionality of the defi app for a specific amount of time. Timelocks are often used to support contracts with masterchef. They are important because they provide a high degree of protection.
Any changes to MasterChef must go through a 6 hour timeout for security reasons. There is an introductory document on the site. It describes the features of the work and the rules of use. The RoadMap notes future updates.
If you want to stay up to date with all innovations, subscribe to the community in the following social networks:
- twitter;
- telegram;
- discord.
The audit of the smart contract is available and you can make sure that the site is fair.