☑ SWAPP DeFi App (DAPP)
The SWAPP contract allows users to stake their SWAPP, locking it up for a period of days (weeks, months, or years), in order to earn interest. This is the primary function of the contract during the Circulation Epoch.
Users may open one stake at a time in each pool. After a stake reaches full maturity, the user may close it at any time to receive their full principal, plus interest, without penalty.
Unlike some other stakeable tokens, SWAPP never penalizes a mature stake, no matter how late it is eventually closed. This allows users much more flexibility, especially for taxable income purposes.
This longer-term staking pays interest in the form of rewards tokens (SWAPP) in two ways: standard rewards accumulating daily, plus annual "duration bonuses" paid after each 12 epochs (once per year) to reward longer-term stakers.
The "duration bonuses" increase each anniversary to further reward stakers who stay in the pool for 2, 3, 4, and 5 years.
The SWAPP DeFi platform features three (3) SWAPP pools made available to stake in via the SWAPP dashboard.
Each of the 3 Swapp pools pays rewards differently, strategically designed to foster both immediate gratification and long-term adoption.
Cross Platform Partnership Pools (cross-chain)
Swapp is working with strategic partners to create mutually beneficial short term yield-farming pools. These strategic partners launch a short term yield-farming pool on their platform, for Swapp token holders. Swapp holders are able to stake their Swapp tokens on our partners platform and earn rewards in the form of the partners tokens. Simultaneously, Swapp launches a short term yield-farming pool with our partners token holders on the Swapp platform. Our partners users come stake their tokens on our platform and get rewarded in the form of Swapp tokens. These pools increases the number of Swapp holders and creates awareness of the Swapp protocol.
The Swapp managed vaults allow users the ability to stake their blue chip coins such as ETH, ADA, BTC, SOL, ATOM, MATIC, BNB, etc. to earn competitive interest.
Lending / Borrowing
Swapp will use the staked tokens referenced in the 'vault' section above, to allow any of the individuals who staked in any of the 'vault' pools, the ability to borrow up to 50% of their staked amount.