PanicSwap is an Automatic Market Maker (AMM) protocol on Fantom Network.
At its core, PanicSwap is a fork of the audited Solidly code-base from Andre Cronje. The AMM supports not only both stable and non-stable pairs, but also multi-hop swaps (even those that include stable and non-stable pairs mixed routes) within a very intuitive contract interface.
In terms of innovation, PanicSwap is incentivising liquidity pairs with single asset yield bearing tokens from Yearn Finance, or 'Y-Tokens'. Users will be able to earn yield on their tokens in their liquidity pairs and earn $PANIC rewards for providing liquidity on top of it. Earned $PANIC is vested for 2 years, but can be claimed instantly for a 50% fee on the rewards. We also introduced a variable fee, similar to Uniswap, where different liquidity pairs have different swap fees.
Holders of $PANIC can choose to stake tokens with 0 lockup and earn fees earned by the protocol, or choose to lock their tokens for 2 years and earn previously mentioned fees plus early exit fees paid by farmers who chose to receive their tokens early.
What is the highest value PanicSwap (PANIC) has ever reached?
PanicSwap (PANIC) reached its peak price at 1.2 $ on 16 February 2022, approximately 4 years ago ago. Presently, the current price is -99.98% lower than this all-time high.
What is the historical minimum price for PanicSwap (PANIC)?
The minimum price reached for PanicSwap (PANIC) was 0.0001925 $, documented on 23 January 2025, more than 8 months ago. In comparison, the current price is 23.65%, it above this historical low.
What is the fully diluted valuation of PanicSwap (PANIC)?
The fully diluted valuation (FDV) of PanicSwap (PANIC) stands at $ 233.41. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of PANIC tokens. The realization of this FDV might take several years depending on the emission schedule of PANIC tokens.