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ScarySwap

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News

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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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What is ScarySwap?

ScarySwap — one of the first automated market makers (AMM) and the first decentralized exchanger with a zero commission (DEX) for the Fantom opera network. The unique value of ScarySwap is that the team seeks to create a solid basis with the pumpkin token as a control token, a variety of farms, a built-in bridge and a user-oriented service.

Contents:

ScarySwap -  a protocol with different tools

DeFi exchange ScarySwap

The main goal of ScarySwap — to create a wider range of network effects to solve the problems of liquidity in the Defi space, instead of limiting itself to one solution, as many DEX do now.

The products are structured in such a way as to facilitate the decentralized management of Pumpkin holders, while continuing to introduce innovations, based on collective design principles. Users can trade coins on the Fantom Opera network without any restrictions, bypassing any centralized intermediary and not paying any commissions.

Other features:

1. With Scaryswap, small trading fees, levied for pairs of 0.1%, will be completely distributed between liquidity suppliers.
2. This guarantees that liquidity providers will be interested in providing liquidity necessary for the best prices in all areas.

Scary Swap stimulates the use of a farm or everyone who wants to receive income. Rewarding those who put their coins in the bullets of liquidity and storage. These efforts entail the addition of liquidity to the ScarySwap network, and then the placement of liquidity supplier tokens. Projects encourage such behavior when it allows them to work more efficiently.

Additional information

Whenever the transaction is made on Scaryswap, 0.25% of the commission for swap are distributed between liquidity suppliers, and 0.05% of the swap commission are distributed between those who blocked their $PUMPKIN at Booster Vaults.

In addition to the distribution of profit from the commissions for the swap, the liquidity and storage suppliers of $Pumpkin will also receive additional rewards in the form of native $pumpkin tokens.Scary Swap

ScarySwap is closely cooperating with project developers to help them to place their tokens in pairs with a zero commission, at the same time knowing about the possibility of low liquidity suppliers.

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.