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About SWAMP

Swampy is a yield optimizer hosted on Binance Smart Chain(BSC), which enables yield aggregation for holders and users of SWAMP token.

Swampy (SWAMP) is a cryptocurrency launched in 2021. SWAMP has a current supply of 0 with 0 in circulation. The last known price of SWAMP is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://swamp.finance/.

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SWAMP Price Statistics
SWAMP’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#5139
SWAMP Market Cap
Market Cap
$0
Fully Diluted Market Cap
$9,123.29
SWAMP Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SWAMP Supply
Circulating Supply
0
Total Supply
0
Max Supply
2.00M
Updated May 16, 2024 9:21 am
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SWAMP
Swampy
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Hong Kong's virtual asset ETF market has established a mature structure, including exchanges, market makers, primary and secondary custodians, etc.
Hong Kong's virtual asset ETF market has established a mature structure, including exchanges, market makers, primary and secondary custodians, etc.
Wang Long, chairman of the Greater Bay Area Financiers Association, pointed out in an article published in Ta Kung Pao that although Hong Kong's virtual asset ETF market is still in the development stage compared to the United States, it has established a mature structure, including exchanges, market makers, primary and secondary custodians, etc. In April this year, the Hong Kong Securities Regulatory Commission approved 6 and 14 virtual asset spot ETFs, including Hong Kong dollars, US dollars, and RMB categories, which are limited to trading on trading platforms holding Hong Kong Securities Regulatory Commission licenses. In summary, the development of Web3's DeFi is optimistic. For example, the development of RWA is predicted to exceed 10 trillion US dollars. The reason for optimism is that although there are some financial instruments in the real world, such as pledges, derivatives, and swaps, these instruments cannot effectively solve the problem. The development of RWA aims to introduce more stable and diversified financial products by leveraging decentralized technology to provide more robust returns and reduce the cost of holding funds in virtual assets. The introduction of RWA will help enrich the financial instruments in the virtual world, meet the huge financial needs in the real world, and provide new market opportunities for financial practitioners. Nowadays, more and more global investors are paying attention to how to invest in virtual assets. The United States and Hong Kong have also approved the listing of virtual asset ETF funds, and the scale of investment has also increased rapidly. Decentralization appears to be opposed to the centralization of traditional financial infrastructure architecture, but in fact they are unified. Blockchain finance has been developed for more than ten years. Now many traditional financial institutions are paying attention and learning. In the future, the application of traditional finance based on blockchain decentralization will become more and more in-depth, and the application of DeFi will become more and more abundant.
Jul 27, 2024 1:56 pm
WazirX Co-founder: The compensation plan does not involve the INR wallet balance, and future recovery measures include recovering stolen assets, airdrops, etc.
WazirX Co-founder: The compensation plan does not involve the INR wallet balance, and future recovery measures include recovering stolen assets, airdrops, etc.
WazirX co-founder Nischal said in a post on X that the fastest way to reopen the platform for operation is to socialize the losses of the entire crypto portfolio. INR wallet balances will not be affected. This partial lock only applies to the crypto portfolio balance. This is the first phase, and everyone can access a portion of the cryptocurrency portfolio. In the second phase, the team will work on recovery, which will include recovering stolen assets, finding partners and external help, airdrops/new token use cases, etc. We are also considering how to fill this gap with the future profits of the exchange if we can grow the business. It takes a long time to recover such a large amount. By socializing the losses, as other affected exchanges have done in the past, we will be able to open the platform to everyone faster. With the continued support of users, we will be able to: 1. Restart operations; 2. Carry out recovery work through various methods. Earlier today, WazirX released an update on the recent security incident: In order to facilitate the management of users' remaining assets, we will provide two options, each with specific benefits and conditions. 55% of the user’s crypto assets will be available for trading and/or withdrawal (depending on the option selected by the user), while the remaining 45% will be converted into USDT equivalent tokens and locked.
Jul 27, 2024 1:43 pm

Frequently Asked Questions

  • What is a Swampy (SWAMP) token?

    Swampy (SWAMP) is a governance token native to the Swamp.finance ecosystem. Swamp.finance is a yield optimiser hosted on Binance Smart Chain (BSC). Swampy token’s utility is for participation in voting on SwampDAO proposals. As an incentive to deposit their assets in Swamp.finance vaults users are getting a bonus yield in Swampy.

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  • How to obtain SWAMP?

    SWAMP token is traded on Pancakeswap, one of the leading decentralised exchanges (DEX) hosted on Binance Smart Chain (BSC). Pancakeswap is an automated market maker (AMM) that allows users to buy SWAMP tokens and instantly exchange them with other BEP-20 type tokens listed on Pancakeswap.

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  • What is Swamp.finance?

    Swamp.finance is a yield optimiser, which enables yield aggregation for holders and users of SWAMP token. To facilitate automation of the yield farming and the process of compounding, Swamp.finance uses vaults. Vaults also enable a more efficient utilisation of gas, as well as other automated processes, and use different yield strategies to help users grow their assets through automation. Swamp.finance has an optimal compounding strategy with an efficient pricing model, designed to encourage long-term yield farming and provide appropriate incentives for long-term holders. Thanks to the automation factor in the process of yield generation and compounding, users don't need to manually reinvest their staking rewards, but can rely on automated asset growth by simply making a deposit into a Swamp.finance vault. SWAMP holders also don’t need to have extensive knowledge of the underlying protocols that support automation and yield optimisation, while depositing funds to vaults represents a passive investment strategy. The goal is to increase the initial value of assets deposited by users, similar to how crypto hedge funds work, with minimal involvement on users’ end.

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  • What is the all-time high price of Swampy (SWAMP)?

    The all-time high of SWAMP was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Swampy (SWAMP) is 0. The current price of SWAMP is down 0% from its all-time high.

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  • How much Swampy (SWAMP) is there in circulation?

    As of , there is currently 0 SWAMP in circulation. SWAMP has a maximum supply of 2.00M.

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  • What is the market cap of Swampy (SWAMP)?

    The current market cap of SWAMP is 0. It is calculated by multiplying the current supply of SWAMP by its real-time market price of 0.

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  • What is the all-time low price of Swampy (SWAMP)?

    The all-time low of SWAMP was 0 , from which the coin is now up 0%. The all-time low price of Swampy (SWAMP) is 0. The current price of SWAMP is up 0% from its all-time low.

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  • Is Swampy (SWAMP) a good investment?

    Swampy (SWAMP) has a market capitalization of $0 and is ranked #5139 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Swampy (SWAMP) price trends and patterns to find the best time to purchase SWAMP.

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