TSWIFTY — a token, designed to reward users. Owners can earn APY (Annual Interest Income).
About the TSWIFT project
The $TSWIFTY token is inflationary. This means that new tokens will be minted to pay interest. The token has taxation. This means that for each transaction (purchase and sale), a tax is applied, which is used for different purposes. The token has features that allow the user to earn a higher interest rate in exchange for blocking their address from any sales for a specified period of time. If someone wants to unblock their address earlier, they will have to pay an additional tax.
When you want to sell TSWIFTY, DEX will provide you with BNB from the liquidity pool. If you want to buy TSWIFTY with BNB, DEX will provide you with TSWIFTY from the liquidity pool. A buy - when you receive TSWIFTY from a decentralized exchange (DEX) like Pancakeswap in exchange for another token like BNB. A sale - when you sell TSWIFTY to a decentralized exchange (DEX) like Pancakeswap in exchange for another token like BNB.
Distribution of tokens:
| 0,5% | Goes to airdrop. Users can register to participate in the airdrop via Telegram. |
| 15% | Passing a Swift Demand token. Verified Swift Demand users can transfer their Swift Demand tokens to the blockchain. The transferred tokens will be distributed after the launch of the project. |
| 75% | Presale allowance. This allowance will be used for the pre-sale and to create an initial pool of liquidity on Pancakeswap. |
| 9,5% | Team funds. This allowance will be permanently blocked from sale. The team will receive interest, but the original 9.5% will never be sold. |
Every address, containing TSWIFTY, is eligible for interest. Interest is calculated up to the smallest whole minute. Interest will begin to accrue as soon as the address receives its first TSWIFTY. For calculation purposes, APY is calculated over 366 days.
More about defi app
TSWIFTY owners have the option to block their address. This prevents TSWIFTY tokens from being sent from their address for 168 days. Users who make a sale can use the blocking feature to recover their interest instead of earning 0% for 28 days, however their address will remain blocked for the full 168 days. Users can unlock their address, using the "payToUnlockAddress" feature, however they will need to pay an early unlock fee of 20% of their full TSWIFTY balance.