Swop.fi is an automated market maker (AMM) that offers different pricing formulas that are most suitable for each specific token pair. The original Flat formula is designed to reduce slippage in a pair of stable coins pegged to the same fiat currency. The classic Constant Product Market Maker formula is used for other pairs.
Swop.fi stakes a portion of pools’ liquidity, and daily payouts are included in pools, adding another 5–50% APY to liquidity providers' income on top of trading fees. Swop.fi also rewards liquidity providers in SWOP, the protocol's governance token.
Swop.fi is based on the Waves blockchain, ensuring that transactions can be added to the blockchain in just a few seconds and the network fee for a smart contract invocation is only 0.005 WAVES (a few cents).
Where is Swop available for purchase?
You can exchange SWOP tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Swop is Gate, notably the SWOP/USDT pair, which saw a trading volume of $ 42,310 in the past day. Additionally, WX Network is popular alternative for trading tokens.
What is the highest value Swop (SWOP) has ever reached?
Swop (SWOP) reached its peak price at 111.36 $ on 14 March 2021, approximately 4 years ago ago. Presently, the current price is -99.91% lower than this all-time high.
What is the historical minimum price for Swop (SWOP)?
The minimum price reached for Swop (SWOP) was 0.02312 $, documented on 05 July 2024, more than a year ago. In comparison, the current price is 286.96%, it above this historical low.
What is the fully diluted valuation of Swop (SWOP)?
The fully diluted valuation (FDV) of Swop (SWOP) stands at $ 373,115. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of SWOP tokens. The realization of this FDV might take several years depending on the emission schedule of SWOP tokens.