Solarflare — a decentralized exchange, providing liquidity and allowing peer-to-peer transactions in the MoonBeam network. The goal - to provide a comprehensive and convenient universal platform for the cryptocurrency community.
Description of the coin defi SolarFlare project
SolarFlare allows users to trade directly from their wallets, and not through the third direction - tokens that never leave you, meaning that they are 100% belong to you. Lower trading commissions make a SolarFlare attractive trading platform. Higher liquidity also helps to provide extensive support to various aspects of cryptoscopes and constantly adapt to the market, continuing to benefit both tokens and the community.
Why should you trust this project:
| Peer transactions | Trade directly from the wallet on the wallet, without any third-party account or transfer of your storage token. |
| Earn $Flare, using Yield Farming and Staking $GLMR | Place your tokens in separate assets pools or combine them into liquidity poles to earn more $ Flare. |
| Get commission for trading through liquidity poles | Provide liquidity to earn a part of the protocol trading commissions. |
SolarFlare contracts - a direct account of SolarBeam contracts, tested by Halborn & Certik. Each swap has a commission of 0.25%. 0.20% of this amount goes to LP providers and 0.05% to the team. Half the team allocations from the fees will help to redeem and burn. A non-permanent loss is a change in the value of assets, compared to when you deposited them. The greater the value changes, the greater the loss. Loss is reversible when values return to what was at the time of deposit. If the assets are removed from the pool to return to the initial price, then the non-permanent loss becomes constant.
veFLARE token
To expand the capabilities of long-term investors SolarFlare, the command represents veflare - token, which will replace the Flare warehousing functionality, allowing users to choose the blocking time - gaining their time and annual interest rate - as well as keeping Flare flexibility.
Veflare is inspired by the Curve veCRV token model management concept, which has one of the best tokens designs in the industry for long-term holders, encouraging long-term rates and the active participation of the community through management. The audit of the smart contract is checked and is located on Сertik.
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